Monday, March 16, 2009

Barney Frank ; AIG

Sorry, but this post has nothing to do with health. I just want to rant. I'm tired of everyone listening to this idiot Barney Frank crying about the bonuses AIG is giving their executives. The government gave AIG $180,000,000,000.00. The bonuses are about $165,000,000.00. Do the math; that equals less than 1/10 of 1% of what the government gave them. In the big picture that's nothing.

There are many divisions (aircraft leasing to life insurance) to AIG, and some are doing very good. Do a little research. It's in many of these "awful" executive's contracts that with success comes rewards(bonuses). Honestly, I can't say with 100% certainty that AIG isn't rewarding failure; but what I can say with 100% certainty that Barney Frank isn't giving the public the whole picture. I will also say with confidence that most of these people, anti-capitalist, really don't know if these bonuses are legitimately handed out or not.

All I'm saying is that Barney Frank and the rest of these no-brain, anti-capitalist idiots need to give the public the whole picture. The government should have never gotten involved in the private sector, and now that they have, we're rapidly headed for a socialist-type government. I hope we don't go that far.

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