Friday, March 20, 2009

Congress Versus AIG

Is there anyone else who thinks that members of congress are a bit hypocritical when making such a fuss over the AIG bonus payments?

Here are a bunch of folks who waste more of our money than any other group and vote themselves pay raises every year (again, out of our money). Yet they have the gall to call down "power from on high" to take money away from AIG for paying bonuses? Money which they freely gave away with no strings attached?

If congress really wants to "play fair" with the taxpayers' money, let them pass a law tying their annual pay raise to inflation.

"Let he who is without sin cast the first stone."

2 comments:

  1. agreed, plus its putting the already paid bonuses right into the fed's own pocket, its not like its preventing the money being spent. What troubles me more is the fact that more people don't think this way.

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  2. Thanks for the comment.

    They pay the money to AIG, then they tax part of it at 90%, it goes back into the general fund and then to who-knows-where.

    At least there's a chance the AIG folks would spend it somewhere and provide some stimulus to the economy instead of blowing it on some boondoggle or another.

    We need to remember that this is OUR money they are dealing with. We earned it but they spend it. We need to hold them accountable for how they spend OUR money.

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