Stupidity at it’s finest? Hmmmm, okay so we all saw what happened when we first gave AIG a piece of the bailout money…they went and took their bigwigs to a spa for a couple days and blew through $440,000.00.
So, now you would think….think…that some measures might have been put in place to insure this would not happen again? Of course not! AIG just got handed another $40 billion to make their to-date total of bailout $150 Billion. They musta been excited because they threw another party! This time the big boys went to England for a hunting party at the cost to the American Taxpayer of $86,000.
New York Attorney General Andrew Cuomo ordered AIG to cease on the golden parachutes for executives, spas, parties and golf outings while taking government money to keep their business afloat. (rap rap rap on your head, Cuomo….
do ya not think someone would have decided this before they were given ANY money?? – Hello??????? McFly!!!!!!!!!!!!)
Oh, and just to make stupidity even more stupid? (is that possible?) American Express has been granted the status of ‘bank holding company’. So what you say? So now they can get a cut of the bailout pie.
Doesn’t this sorta remind you of when a family member dies and everyone comes out of the woodwork looking for a piece of the estate? Our country is on the verge and all those vultures are in the lurk.
Where are the hippies I say? 
The protests and sit in’s?
“This land is your land and this land is my land, sure, but the world is run by those that never listen to music anyway.” ~ Bob Dylan
I'm Sheila. In addition to raising 1 husband and 3 teens, I've founded 
Where will it all stop? It’s driving me crazy.
it’s funny how the money continues to funnel into the same sources that had issues managing it in the first place. sooner or later, the govt will realize that the stimulation needs to occur at the ground level. i’m waiting for a multi-thousand dollar check, which i’ll no doubt pump back into the economy via retail venues or by paying off bills. either way i spend it…it helps me…and those that receive it from me.
Yeah, I saw the new CEO of AIG on Larry King last night. In addition to the wild spending in the post, he also admitted to spending 1 MIL on an excursion to treat their clients to some big thing in Arizona just this month.
But, he says, they are making cuts. what a joke!
Love the Bob Dylan quote.
And “no banker left behind,” right?
Get it on credit – get it- get it! (That was a line by a Canadian band I no can’t remember the name of, they did have a couple big hits.)
Take care!
OH well the golden parachutes we should let them keep. I imagine they don’t work so well and they would soon be plummiting to their deaths.
OOOH you mean figuratively? Oh, well, then yes, by all means remove them!! Off with their heads!
*sigh* what I’d give for a day at the spa right about now.
What a damn disgrace! Are you starting to get the feeling that all these big-wig’s in all these huge corporations and these government officials are up to something? I think they have meetings on “How to get rich quick while screwing the American public?” They’re all in on it!
What is so damn sad our kids, grandkids, great-grandkids, and so on, will be paying off these loans for decades to come. There goes the hope of having those empty nests we were looking forward to! Our kids won’t be able to afford to leave……love my kids, but I’m sorry, WTF!!!!