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Lord Setheris 10-08-2008 04:27 PM

AIG has already been given about 85 billion dollars in bailout money by the federal government. Today they announced that they need another 37 point something billion more.

Am I the only one who feels that any cent of that money not spent on actual bailouts is little more than theft? We already know that a lot of federal money handed out earlier last month was used for CEOs to take vacations and visit spas. Every time I hear about that I just wish somebody could walk in and demand our money back.

I feel extremely uneasy because I just wonder how much of this almost 850 billion dollars total in bailout money will end up in the hands of a five-star restaurant next to a world class executive retreat. I continue to oppose the idea of the bailout saving our economy. It might help, but it won't be the cure.

Mad Jack the Pirate 10-08-2008 04:37 PM

was this before or after it came out that AIG spent a few hundred thousand dollars of the bailout money sending their execsto a spa?

Lord Setheris 10-08-2008 05:05 PM

Quote:

Originally Posted by Mad Jack the Pirate (Post 848924)
was this before or after it came out that AIG spent a few hundred thousand dollars of the bailout money sending their execsto a spa?

http://money.cnn.com/2008/10/08/news...ex.htm?cnn=yes

There is the link to what I was mentioning.
This just happened today, so it would be after.

Fifthfiend 10-08-2008 05:07 PM

It's hard work robbing us! They clearly deserved a break to relax and recharge, so they can provide you the taxpayer with the kind of high-quality shameless theft you've come to expect.

EDIT: page limit


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