i can understand the emotional fervor that has been stirred towards AIG, But, I do think if the bus tour wants to make a real honest point, they should equally tour the homes of the Senators and Reps who 'allowed' the Bonus fiasco in the first place.
AIG Executive Bus Tour - Is This Appropriate?
StarrGazerr
March 21, 2009 13:12:09
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AIG sparks "Lifestyles of the Rich & Infamous" tour
Fri Mar 20, 2009 6:55pm EDT
NEW YORK (Reuters) - A small political party angry at bonuses paid to staff of bailed out insurance giant American International Group is organizing a bus tour to the Connecticut homes of several AIG executives. "We're all mad at AIG," the Connecticut Working Families Party, a small liberal party, said on its Web site, inviting people to sign up for its "Lifestyles of the Rich and Infamous" bus tour and a rally at the company's Wilton, Connecticut, headquarters, on Saturday. "Their executives bear a large share of the responsibility for bringing the economy to its knees, and now the same folks are getting hundreds of millions of dollars in bonuses -- at our expense," the website said.
Hefty bonuses paid to AIG executives after a $180 billion government bailout have sparked outrage. The U.S. House of Representatives on Thursday approved a bill taxing such payments at a 90 percent rate, but the Senate has yet to act. AIG employees have expressed concern about the safety of workers who were paid a total of $165 million in bonuses. Some AIG executives have received death threats. AIG did not have any immediate comment.
A spokesman for the Connecticut Working Families Party declined to say which AIG executives would be visited on the tour. He said the bus would hold about 50 people.
http://www.reuters.com/article/newsOne/idUSTRE52J5WN20090320
Fri Mar 20, 2009 6:55pm EDT
NEW YORK (Reuters) - A small political party angry at bonuses paid to staff of bailed out insurance giant American International Group is organizing a bus tour to the Connecticut homes of several AIG executives. "We're all mad at AIG," the Connecticut Working Families Party, a small liberal party, said on its Web site, inviting people to sign up for its "Lifestyles of the Rich and Infamous" bus tour and a rally at the company's Wilton, Connecticut, headquarters, on Saturday. "Their executives bear a large share of the responsibility for bringing the economy to its knees, and now the same folks are getting hundreds of millions of dollars in bonuses -- at our expense," the website said.
Hefty bonuses paid to AIG executives after a $180 billion government bailout have sparked outrage. The U.S. House of Representatives on Thursday approved a bill taxing such payments at a 90 percent rate, but the Senate has yet to act. AIG employees have expressed concern about the safety of workers who were paid a total of $165 million in bonuses. Some AIG executives have received death threats. AIG did not have any immediate comment.
A spokesman for the Connecticut Working Families Party declined to say which AIG executives would be visited on the tour. He said the bus would hold about 50 people.
http://www.reuters.com/article/newsOne/idUSTRE52J5WN20090320
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And I completely agree with you about Chris Dodd. He's up for re-election next year and I seriously doubt he will survive.
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Georgia congressman says Democrats are using their "manufactured" outrage over taxpayer-funded executive bonuses for AIG to rationalize expanding government's role in the lives and businesses of Americans.
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this is not the correct way but very satisfying to think it. It is not their fault that they are greedy mindless amoral people . They are a product of society just as much as the street bum. The sad thing is that with all their talent, wealth and opportunity most of them pursue a life of self centredness. The ME culture of the 80's. They should be using their skills to help the weak in society, to improve society for everyone.But they dont and as such they are as much parasites as the people on long term welfare.
Unfortunatley, just because they took the money, does not mean that Obama all the sudden gets a vote at their board of directors meetings now either. They are a private firm that is accountable only to their shareholders. Those that do not like it have the option to dump their stock.