Outrage over AIG bonuses, politicians
‘This is an outrage.’
That’s what Senate Minority Leader Mitch McConnell, R-Ky., said to George Stephanopoulos in an interview, regarding AIG’s proposed $165 million in bonuses.
It is outrageous, but so is McConnell and many of the elected representatives and senators who are suddenly going back on their word and flip-flopping on their stand against government intervention.
AIG received $170 billion in taxpayer funds in the form of a bailout, giving the tax-paying, hard-working citizens of this country majority ownership in the company. McConnell and 73 other senators voted for the financial bailout package, though many of them were hesitant to throw much vocal support behind the measure.
Now, though, McConnell is the figurehead for an attack of AIG and the very bailout he voted for, for not implementing salary caps and bonuses for Wall Street execs, a measure vehemently disagreed with at the time.
That’s the very definition of a flip-flop. To have an opinion and then to change it so publicly and proudly when the going gets rough is despicable.
It surely isn’t a secret that AIG bonuses are a farce, both morally reprehensible and ideologically disgusting. If it’s taken McConnell or anyone else in the Capital this long to understand that dirty tactics shouldn’t be rewarded, either by exorbitant salaries or unfounded bonuses, especially to those exact liars and cheaters who had their hands in the crumbling economic mess, it’s better late than never.
The proposed House and Senate bills, indicating hefty taxes be enacted on either AIG employees receiving bonuses or the bonuses themselves, are a step in the right direction.
We want our money back, politicians. The citizens of this country are tired of paying taxes, struggling with everyday finances and then seeing the drama of hundreds of millions of dollars being paid out to the very people who put us into this mess.
Do whatever it takes to make a stand and refuse to let a meltdown like this happen again. Swallow your pride and do what’s right, even if that includes a very public, very painful flip-flop.