AIG Rips Off American Taxpayers
Written by Jonathan Israel
Johnny@cityroompress.com
A few days ago AIG reported giving their management team 167 million dollars in bonuses after receiving nearly 180 billion dollars bailout money from the federal government. AIG promised the Obama Administration they would use the bailout money wisely; and not use the money for expensive gifts, trips, vacations, or bonuses. They lied. Immediately after getting their greedy hands on billions of bailout money, they cryptically doled out the millions among the upper management. Once again big corporation swindled the taxpayers out of billions for their own self-indulgence.
Between nine million to eleven million children in this country go to bed hungry every night. There are approximately two million to three million homeless children that wander the streets at night seeking food and shelter. Yet the federal government has done little to ease their pain and suffering. They will never see a financial bailout or even the most modest financial rescue. Their future for a decent life remains dire, if not hopeless. At the same time the Fat Cats at AIG are gorging themselves with the best that taxpayers’ money can buy.
AIG pilfered millions at the taxpayers’ expense. Giving themselves million dollar bonuses in a time of recessions is not only disgraceful it’s criminal. President Obama promised the American people change to the way the government does business. If the President is serious about change, then his administration should seek criminal charges against everyone who paid themselves bonuses with taxpayers’ money. Americans are sick and tired of corporate thieves dipping their greedy hands into the taxpayers’ coffer while laughing in our face. The time has come to put these criminals behind bars.
Prosecuting AIG for fraud, conspiracy to defraud, treachery, and theft by deception would send a clear message to money hungry predatory corporations that the American people will no longer tolerate corporate gluttony. AIG’s criminal actions are outrageous, despicable, and inexcusable. AIG greedy thugs deserve nothing less than a raucous jail cell in some seedy prison with a burly guy named Bubba. Now that is what I call change!
Johnny@cityroompress.com
A few days ago AIG reported giving their management team 167 million dollars in bonuses after receiving nearly 180 billion dollars bailout money from the federal government. AIG promised the Obama Administration they would use the bailout money wisely; and not use the money for expensive gifts, trips, vacations, or bonuses. They lied. Immediately after getting their greedy hands on billions of bailout money, they cryptically doled out the millions among the upper management. Once again big corporation swindled the taxpayers out of billions for their own self-indulgence.
Between nine million to eleven million children in this country go to bed hungry every night. There are approximately two million to three million homeless children that wander the streets at night seeking food and shelter. Yet the federal government has done little to ease their pain and suffering. They will never see a financial bailout or even the most modest financial rescue. Their future for a decent life remains dire, if not hopeless. At the same time the Fat Cats at AIG are gorging themselves with the best that taxpayers’ money can buy.
AIG pilfered millions at the taxpayers’ expense. Giving themselves million dollar bonuses in a time of recessions is not only disgraceful it’s criminal. President Obama promised the American people change to the way the government does business. If the President is serious about change, then his administration should seek criminal charges against everyone who paid themselves bonuses with taxpayers’ money. Americans are sick and tired of corporate thieves dipping their greedy hands into the taxpayers’ coffer while laughing in our face. The time has come to put these criminals behind bars.
Prosecuting AIG for fraud, conspiracy to defraud, treachery, and theft by deception would send a clear message to money hungry predatory corporations that the American people will no longer tolerate corporate gluttony. AIG’s criminal actions are outrageous, despicable, and inexcusable. AIG greedy thugs deserve nothing less than a raucous jail cell in some seedy prison with a burly guy named Bubba. Now that is what I call change!
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