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Originally Posted by Eric5273
Bankrupt a company, get $165 million in bonuses. You guys sure are right when you say that keeping corporations in private hands give an incentive for people to work hard. I'd hate to see what would happen to such a fine corporation if it got nationalized and the workers started to slack off -- there would be no motivation for them to work hard anymore. This is surely a fine example of capitalism and profit motive!
http://www.nytimes.com/2009/03/15/bu.../15AIG.html?hp
A.I.G. Planning $165 Million in Bonuses After Huge Bailout
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I think we all agreed IAG was horse_hit. so....AIG has failed in many countries, just like Socialism...OK now I see your connection
Here is the part that should make you puke since you're now part of the 80% shareholders of AIG:
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The group of top executives getting bonuses will receive half of the $9.6 million now, with the average payment around $112,000.
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An unwavering defender of those I see worth protecting.
"promote the general welfare, not provide the general welfare"
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
Last edited by Wagner; 03-15-2009 at 08:19 AM.
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