How can we stop the AIG bonuses?
March 19, 2009
Like almost everyone else, I'm outraged by the AIG bonuses. Susan Tompor, a Detroit Free Press columnist, captures my feelings perfectly.
She says AIG has broken the social contract with its high risk investments resulting in millions of ordinary people losing the security of their retirement funds. To save capitalism, our government said it needed to bail them out.
Now they take our money and give millions to those who cause the problems.
I don't buy it. The U.S. Congress needs to assert itself and set their boots on the necks of CEOs and others to get our money back.
Or we need a new Congress.