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- Dexter77, on 10/07/2008, -2/+332Well, the good thing is that we finally know where the money went. So you can put end to all those nasty rumours of misusing taxpayers' money!
To be honest this is no time for sarcasm. What we need is a revolution!- geddon, on 10/07/2008, -4/+23Keep in mind that the Internet revolutionized the media through blogging, along with the music industry through podcasting. Do your part to support Open Democracy so that We the People can take back our Government from Corporate control.
www.democracyLab.org
www.freegovernment.org
www.metagovernment.org- PhantomRogue, on 10/08/2008, -1/+16No, what you need to do is go to your local Representatives office. Print out their Oath of Office and the Constitution; Then ask them how using your Taxes to bail out a Corporation is defending the Constitution. Ask them how we cannot view them as domestic enemies of the document they have sworn to protect.
The Senate Oath of Office:
I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter: So help me God. - geddon, on 10/08/2008, -0/+1Would you like me to CC: you on my interactions with my Representatives so that you can view a copy of the generic responses I routinely receive? Or would you prefer an invitation to the mailing list of developers who are actively working on Open Democracy?
- PhantomRogue, on 10/08/2008, -1/+16No, what you need to do is go to your local Representatives office. Print out their Oath of Office and the Constitution; Then ask them how using your Taxes to bail out a Corporation is defending the Constitution. Ask them how we cannot view them as domestic enemies of the document they have sworn to protect.
- deleo, on 10/07/2008, -1/+13We're paying the tab for that one, so hopefully they didn't order too many expensive bottles of wine. It doesn't get much nicer than the St. Regis.
- yaddayaddayoda, on 10/08/2008, -0/+3Here's the bill:
http://www.thesmokinggun.com/archive/years/2008/10 ...
It looks like they had a bill of $147,000 for the banquets, and another $9,900 for bar tabs.
- yaddayaddayoda, on 10/08/2008, -0/+3Here's the bill:
- EntropyFan, on 10/07/2008, -28/+3Give it a rest. Not one cent of taxpayer money has done anything; it hasn't even arrived, for ***** sake. When will you lying bastards knock off the FUD?
These folks had billions in salaries and parachute packages. They walked off with all the cash regardless of what the government did.
The bailout saved retirement accounts and the average person. These ***** didn't get a penny more or less from it.
They won, we lost. And it was fair and square by the rules laid out at the time. Grow up and deal with it.- artfiend77, on 10/08/2008, -0/+12Yeah everybody!!! Now grab your ankles and think of your happy place!!!!1!!
- EntropyFan, on 10/08/2008, -3/+6@artfiend77
They are in a happy place, and we are screwed regardless. Burning down the entire economy in some vain attempt to get at them is like burning down your house to get even with a thief that left hours ago.
Doesn't make much sense. - TheOther1, on 10/08/2008, -0/+3@EntropyFan
Right, no need to burn down the entire economy, but a life sentence in federal pound me in the ass prison sounds like a good start.
- R0am3r, on 10/08/2008, -1/+25Hey Congress - great idea with that bailout/rescue plan. It sure is working out well.
- duster805, on 10/08/2008, -12/+0revolution? uh, not sure about that. Sounds like throwing the baby out with the bathwater.
- odigity, on 10/08/2008, -0/+8more like peacefully voting out the evil babies and replacing them with good babies.
(I'm an anarcho-capitalist, so I'm still waiting for everyone to realize we don't need to be ruled by babies at all. But in the meantime, at least get some that will obey the friggin Constitution.) - allisonaxe, on 10/08/2008, -0/+8the "baby" peed in the bathwater, and ruined it for the rest of us. throw it all out, burn it all down, and start fresh.
- PatrickHenry, on 10/08/2008, -0/+7I am sure you would have said a war against G 3rd would have been throwing the baby out with the water...oh wait they threw the tea out with the water in 1774.......My BAD!
- odigity, on 10/08/2008, -0/+4Patrick Henry is right! ...again!
Give me liberty, or give the modern financial system/fraud death. - 8m4ck, on 10/08/2008, -1/+1I'm so tired of hearing that cliche.
- odigity, on 10/08/2008, -0/+8more like peacefully voting out the evil babies and replacing them with good babies.
- moses141, on 10/08/2008, -1/+10"We finally know where all the money went..."
I wish... This is only the tip of the iceberg. I watched the video of hearings on CSPAN (something everyone should do), and heard this:
The guy in charge of the financial products division at AIG (the one that caused the failure) was fired in February -- but they decided to pay him a retainer of $1 million per month. But what's shocking is -- now that we own the company, HE'S STILL GETTING $1 MILLION PER WEEK for doing nothing!- brianfams, on 10/08/2008, -0/+2you mean $1m per month..
- ekwenox9, on 10/08/2008, -0/+5lol...he got a 32mil bonus PLUS a mil a month....
- Lewie, on 10/08/2008, -0/+5Regardless, NO ONE is worth that much. Not one of those people can do what millions of other people can do a fraction of the price.
- Sloi, on 10/08/2008, -2/+14With a name like DEXTER, you should know what to do about this...
- frankb00th, on 10/08/2008, -0/+5oh wow so very well played ~!
- darkedict, on 10/08/2008, -11/+3Look, these types of trips are typically booked 12-18 months in ADVANCE. The tickets are bought and paid for, the hotels are paid for, everything is pre-paid 12-18 months in advance! This type of expenditure is NOT out of line with a company of this size, and the company cannot just cancel and get a refund.
The government bridge loan was NOT used to fund this trip. Please stop the distortions.- Jamby, on 10/08/2008, -1/+7Regarding travel cancellations, the previous statement is absolutely wrong. This trip could *indeed* have been canceled. Yes, most likely not at full value, but it could have been canceled. Especially if the idea of canceling was given government backing. It is close minded to think it could not have been canceled, it is arrogant elitism not to have done so.
- TypeEE, on 10/08/2008, -1/+4How many people book their trips 18 months in advance? I have to if I were claiming a free ticket with my mileage points.
Let say you are right, are you sure they don't know they are in deep ***** 12 months ago? - darkedict, on 10/08/2008, -0/+2You've obviously never booked trips for mega-cap/national/international companies.
The retreat didn't include anyone from the financial products division, it's a catered type event that MANY large companies sponsor annually, it was mostly golf outings and visits to the resort's spa and salon for executives of AIG's main U.S. life insurance subsidiary.
And yes, these things get booked 12-18 months in advance. You think these giants throw this ***** together at the last minute?
Everyone here is jumping on the bandwagon without having a shred of sanity or rational.
- ekwenox9, on 10/08/2008, -0/+2has anyone used this to an advantage? any crazy phone calls been made?
- mbraynard, on 10/08/2008, -5/+6This is no big deal. First, AIG was not 'bailed out' - it was given a high interest loan that is collateralized. AIG has a portfolio of around a trillion dollars.
They insure - just a small example here - 90% of the world's commercial aircraft. If AIG had been allowed to fail, there would be no planes flying right now.
Second, AIG was given the high-interest collateralized loan by the Federal Reserve, not by Bush/Congress, etc. The Federal Reserve is a private bank.
Third, the execs getting this treatment probably had it long time coming and are not the part of the company that caused the problem in the first place.
Finally, it is disgusting to see Obama demogoging this in the debate as if you don't have health insurance because some AIG exec is getting a facial. - statuescrumble, on 10/08/2008, -0/+8You say you want a revolution
- AmazingSteve, on 10/08/2008, -2/+4Well you know,
We all want to change the World - Meocross, on 10/08/2008, -0/+2HER-O-ES
Here to Destroy Your Planet.
- AmazingSteve, on 10/08/2008, -2/+4Well you know,
- AdrenalineJunky, on 10/08/2008, -0/+2Well you know we all want to change the world
- addiktion, on 10/08/2008, -1/+2The monetary system needs to fail. It's the one thing making greedy people greedier and meanwhile the poor is getting poorer. Soon there won't be a middle class. You'll either be poor (more likely) or you will be rich and the poor will work for you for food.
I'm all for a resource based economy. Utilize the earth and make food for everyone. And instead of gaining profit you gain freedom by building machines that do the work for you. Lets face it people. We're competing against corporations and technology. We're bound to lose. As more and more things become automated and more efficient then more and more people will lose their jobs. The only people who can make this stuff work are the engineers who build this stuff.
Get educated, become smart, and unleash technology at it's full speed. - SIRBERUS, on 10/08/2008, -1/+8Stolen from reddit's comments:
----------
"Moreover, the particular subsidiary of AIG that threw the party is not being bailed out. It is solvent and actually still profitable:
"AIG American General - a subsidiary of parent AIG - is in much, much better financial shape than AIG itself. 'It’s one of our viable businesses,' said AIG spokesman Joseph Norton. 'They’re fully capitalized. They’re fine. It wasn’t a corporate kind of thing.'"
[Source])http://taxdollars.freedomblogging.com/2008/10/02/a ...
There is plenty of disgusting looting taking place, but this is not an example."
-------
Thus... I bury this.- ichbeineinrcg, on 10/08/2008, -0/+2The body is dying of leprosy, but one arm is still good, so let's put lotion on it.
- yaddayaddayoda, on 10/08/2008, -0/+2It puts the lotion in the basket.
- foontala, on 10/08/2008, -1/+5Ron Paul Revolution!
- bluezinc, on 10/08/2008, -4/+3Because deregulation has worked really well so far, right?
- foontala, on 10/31/2008, -0/+1@bluezinc: your comment implies you are a commonplace victim of the misplaced power of a prevalent propagandized prejudice -- that deregulation can be simply defined. There are just as many forms of good deregulation as there are of bad regulation (and vice-versa). FWIW, Ron Paul supports regulating the Federal Reserve, in addition to other agencies.
I support Ron Paul because he has consistently defended the wisdom of the constitutional viewpoint. The constitution will always work better than giving recourse immune, unchecked, and unregulated (as you point out) power to banksters from the Federal reserve and Secretaries of the treasury. Kill the bank and give the power back to the people.
"If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered." - Thomas Jefferson
The law has been perverted to promote malice, fear, hatred, torture, preemptive wars of aggression and gross mixture of economic socialism and fascism. There's a Ron Paul Revolution because we want 1776, not 1984. We want a republic, not a fascist state. We want our constitution and our republic back, and we are going to get it!
- exec0extreme, on 10/08/2008, -0/+1Bush: "After me, deluge!"
- blipblipbeep, on 10/08/2008, -2/+1You know bush wants you to try to incite a revolution. He can offload his hired squad of goons on America and claim Marshall law then you are stuck with the prick. Hmmm go figer.
so if your that pissed do a run on the white house and tare that ***** down. today! - bluezinc, on 10/08/2008, -0/+1Things are bad now, but you want a revolution? That'll make this look like club med!
You overthrow the US gov't you're looking at world-wide chaos with China most likely to emerge as the world's new only super-power. European markets would plunge and they'd suffer catastrophic depression. All transportation, domestic and international, would halt. Good luck getting gas if you don't live in Texas, Southern California, or Alaska. Forget banks, ALL corporations and businesses would fail as the credit market would be obliterated. We'd basically be sent back to the economic stone age and have to rebuild it from the ground up.
Now, I know you are an idealist, and that's great, but historically, revolutions are usually followed by a period of tyranny, incompetence, and sheer brutality filling the power vacuum. Now, that's not always the case, but 9 times out of 10, it is. We've managed to build up a pretty good system here. Sure, it has it's major ***** ups, because it's not perfect, but you've got a roof over your head, right? You've got food? You're not enslaved? Then I'd say you're doing better than 90% of the world's population. A revolution would throw all of that away.
So you have to pay higher taxes, higher credit interest, and your stocks are not worth what they were... it still beats living in a real-life version of Mad Max.
If you are honestly broke because of this crisis, then you're an absolute retard for investing all your money in banks you didn't research thoroughly and then selling your stock at it's lowest possible price.
- geddon, on 10/07/2008, -4/+23Keep in mind that the Internet revolutionized the media through blogging, along with the music industry through podcasting. Do your part to support Open Democracy so that We the People can take back our Government from Corporate control.
- Dexter77, on 10/07/2008, -2/+216"The immediate trigger for the Revolution was King Louis XVI’s attempts to solve the government’s worsening financial situation." http://en.wikipedia.org/wiki/French_revolution
The people just got tired of living in poverty while the elite added more and more taxes to uphold their wasteful lifestyle. I think we can leave out the guillotine part, but otherwise this is where the U.S might end up in a year or two.- faceless323, on 10/07/2008, -2/+91I think we should mandate the guillotine. Nothing says revolution like a few heads rolling.
- digitronix, on 10/08/2008, -1/+9The CIA probably has you on record for saying that, as well as everybody that dugg that comment...
But ***** it. DUGG! - Yookji, on 10/08/2008, -0/+1In the Reign of Terror, many of the beheaded were simply innocents.
http://en.wikipedia.org/wiki/Reign_of_terror
- digitronix, on 10/08/2008, -1/+9The CIA probably has you on record for saying that, as well as everybody that dugg that comment...
- cle2105, on 10/07/2008, -2/+30I don't think we should be so hasty in dismissing the guillotine, there is a moral hazard to be concerned about. The front page of the Times will read "Hank Greenberg's head 'too big to fail', jams gullotine"
- nightstar, on 10/07/2008, -1/+20Nope leave it in... And their heads off...
- twiztidsinz, on 10/07/2008, -1/+16I was hoping they'd bring it back just for this administration...
- holmcross, on 10/08/2008, -0/+29The people in this country are castrated, if you think people will actually take drastic measures measures to stop corruption then you're a fool.
Too many people have built their lives up so they have much to lose. Few, if any, are willing to risk that.
The American population is probably the most weak-willed and incompetent nation of people in any developed country. We've had it very easy for too long, and people have become fat and complacent.
Its not as if we suffer from some malaise native to Northern America. Its the unfortunate side effect of having a stable and secure lifestyle.- holmcross, on 10/08/2008, -0/+3I should point out that I'm only adressing the OP's ridiculous and romantic notion of the people "rising up."
- maz2331, on 10/08/2008, -0/+6I think the Brits win the pussification battle hands down.
- slstudios, on 10/08/2008, -1/+8When I was in school, I didn't have much of an understanding of the French Revolution. NOW I FINALLY GET!
- CosmicJustice, on 10/08/2008, -1/+2No you don't.
- Harbinger67, on 10/08/2008, -0/+8Sign me right the hell up.
Isn't it time to get the Sons of Liberty going again?- PatrickHenry, on 10/08/2008, -0/+3They have always been there......so what were we waiting for? Why we were waiting on you, Harbinger67. Yes you...
- skanton, on 10/08/2008, -1/+4I know, the Amero will save the day!!
- doublefelix, on 10/08/2008, -0/+12AIG to American public: "Let them eat cake."
- miggyb, on 10/08/2008, -0/+8For the diggers who are not familiar with the history of that phrase:
http://en.wikipedia.org/wiki/Let_them_eat_cake - UnkelJethro, on 10/08/2008, -2/+4For the diggers who are not familiar with the internets:
http://www.google.com
- miggyb, on 10/08/2008, -0/+8For the diggers who are not familiar with the history of that phrase:
- Kaystar87, on 10/08/2008, -0/+1Yeah the guilitine is too bloody, we'll just put 'em in a fireing squad
- vbullinger, on 10/08/2008, -1/+3Do remember, however, that the real cause of the French Revolution was the Order of the Illuminati.
http://www.google.com/search?q=illuminati+french+r ... - LilRabbitFooFoo, on 10/08/2008, -0/+1Which was due to Louis loaning the US money (thank you) to defeat England. Get your facts straight. :)
- Endit, on 10/08/2008, -0/+1no the guillotine never gets old.
- dancantone, on 10/08/2008, -0/+2With what a few pistols and hunting rifles against our military who have on record confiscated guns from citizens already during Hurricane Katrina? lol Go revolt then!
See what you get!
We waited to long, battle hardened troops fresh from Iraq will squash your dismal dream of a revolt like a piss ant.
They've already been told most Americans don't support the war they're fighting anyway.
It would take just a few days to have full scale martial law in place. - Wittyfish, on 10/08/2008, -0/+1But they got more guns than we do.
- richmomz, on 10/08/2008, -0/+1I'm against violence, but a good 'ol fashioned tar & feathering? HELL YES! Even better, it might help exfoliate the skin after their spa treatment - lol
- amy31415, on 10/08/2008, -0/+2The guillotine is classic, but perhaps too European and snooty. Isn't tarring and feathering a bit more patriotic? Perhaps drawing and quartering?
- mmeiser, on 10/13/2008, -0/+1Aww... the guillotine is the best part... peaceful revolutions never succeed... blood, it's more then a symbol
- faceless323, on 10/07/2008, -2/+91I think we should mandate the guillotine. Nothing says revolution like a few heads rolling.
- bazzz, on 10/07/2008, -1/+68That's just plain awful. These pseudo-elite upper-management wallstreet-guys should not be surprised if they'll soon be hit by the full anger of the people. This type of events usually widens the gap between the "upper class" on the one hand an the "middle class" (is there someone left?) and the "lower class" on the other hand - which usually ends in revolution (we've seen that sooo many times before).
- flyinguitar90, on 10/08/2008, -6/+1People need to stop fantasizing about revolutions. Rich executives have nothing in common with rich monarchs except for being rich. Who are you going to revolt against? "Hey, let's go burn down the bank down the street and behead the employees!"
Please. When's the last time you heard about a big revolution in a developed country?- miggyb, on 10/08/2008, -1/+5Spanish Civil War fits the description, methinks.
- NidStyles, on 10/08/2008, -1/+5Philippine-American War. Spanish Civil War. German NAZI take over. Ukrainian Revolution. Russian Civil War. During the Collapse of the Soviet Union. Yugoslavia. ETC........
Sure some aren't as developed as the US, but they also aren't as scared as the general US populace to stand up for themselves. - flyinguitar90, on 10/08/2008, -0/+2Phillipine American war = 100 years ago
Spanish Civil war = 80 years ago
Nazis took over = 80 years ago
Ukranian Revolution = 90 years ago
Russian Civil War = 90 years ago
Yugoslavia wasn't even an economic crisis it was ethnic tensions.
Sorry, I just don't see a revolution happening in my backyard in this day and age.
- NegativeS, on 10/08/2008, -2/+5"full anger of the people"? What in the world is supposed to be the full anger of the people? There might be five people willing to get up and do something about this. Everyone else is either at home yelling at their TV's, but not getting up to do something about it because it would require "getting up" or their doing what we're all doing and talking about it on the internet and not doing anything about it because again it would involve "getting up."
I'm not pissed about this. When we let a select few people steer our nations economic future what do you expect to happen. This was inevitable. Same thing applies to people who are pissed off at Bush, especially the ones who voted for him. The majority voted for him. Get over it. There's nothing we can do. We voted for people to represent us because we didn't want to have to get up and speak our own minds, so what did they do? Make it to where they wouldn't have to be responsible for anything they did.
Way to go us.- NidStyles, on 10/08/2008, -1/+3Last time I looked, the President was only the leader of the Executive Branch. Clever wording and media blasting somehow turned the position into a leadership of the whole nation.
- flyinguitar90, on 10/08/2008, -6/+1People need to stop fantasizing about revolutions. Rich executives have nothing in common with rich monarchs except for being rich. Who are you going to revolt against? "Hey, let's go burn down the bank down the street and behead the employees!"
- jstohler, on 10/07/2008, -1/+76Get their names and send them a bill with a punitive interest charge attached.
- Goodanswer, on 10/08/2008, -0/+19Why dont we just get their names and let nature take its course?
- diggPPT, on 10/08/2008, -0/+3To Iraq, or Afghanistan.
"Front-line" spa.
ALL of them. AND NOW. - person425, on 10/08/2008, -0/+1I can make some torches, anyone got some spare pitchforks lying around?
- Skorkles, on 10/07/2008, -1/+143This is disgusting.
AIG should be held accountable for this kind of wasteful spending and their current board terminated for even allowing this.- Aadain, on 10/07/2008, -0/+23Actually, I'm surprised that the government didn't demand the resignation of the AIG board when they bailed them out. In any other failing company, the board and upper levels of management are usually the source of the problems and are the first to be replaced by the shareholders in order to save the company. For the board at AIG to still be intact smacks of bribery and political favors. Oh, wait, that was the whole point behind the AIG bailout. Never mind, move along, business as usual here.
- catbeller, on 10/08/2008, -0/+1I'm thinking: the guvmint ain't all-knowing and frankly it's been, what, two weeks? Not enough time to learn everything - these hearings seem to be showcasing what they HAVE been able to find out in such a short period of time.
My solution: tax every penny away from them for the rest of their lives. And their fake "trusts" for their kids as well. Take their property. Impoverish them. That will hurt them most.
- catbeller, on 10/08/2008, -0/+1I'm thinking: the guvmint ain't all-knowing and frankly it's been, what, two weeks? Not enough time to learn everything - these hearings seem to be showcasing what they HAVE been able to find out in such a short period of time.
- izolutionz, on 10/08/2008, -0/+3My thoughts exactly. Disgusting. ABSOLUTELY DISGUSTING! These damn pigs better go to jail or I say we get our money back.
Congress better take drastic measures... or else. - duke3k, on 10/08/2008, -0/+1Terminated in the Arnold Schwarzenegger movie sense of the word, if there's any justice in the world.
- facespaz, on 10/08/2008, -0/+2Make those SOBs pay for our vacation.
- Heavypettingzoo, on 10/08/2008, -0/+1Hey! don't you people get it?? They pumping money back into the economy by strengthening the aristo-tourism industry! They are just trying to give something back instead of sitting on all that money.
/sarcasm
- Aadain, on 10/07/2008, -0/+23Actually, I'm surprised that the government didn't demand the resignation of the AIG board when they bailed them out. In any other failing company, the board and upper levels of management are usually the source of the problems and are the first to be replaced by the shareholders in order to save the company. For the board at AIG to still be intact smacks of bribery and political favors. Oh, wait, that was the whole point behind the AIG bailout. Never mind, move along, business as usual here.
- Skorkles, on 10/07/2008, -2/+268AIG Headquarters
AIG
70 Pine St.
New York, NY 10270 (Map)
Phone: 212-770-7000
Fax: 212-509-9705
Toll Free: 877-638-4244- thundacatblue, on 10/07/2008, -1/+60Probably would be a better idea to post the names and home addresses of the execs.
- Grumps, on 10/07/2008, -0/+36They are all away for holiday.
- twiztidsinz, on 10/07/2008, -0/+57The real question is... which home?
- PatrickHenry, on 10/08/2008, -1/+7It would be better to list the names of the people in government that authorized this bailout....
- AmazingSteve, on 10/08/2008, -1/+1Well, now we know where to park the Ryder truck.
- Heavypettingzoo, on 10/08/2008, -0/+1if they are away on holiday...might be a good time for a little BnE, eh?
- Bauer22, on 10/07/2008, -0/+20I can bring pitchforks and clubs. Who's gonna bring the beer?
- USNavyBlue, on 10/08/2008, -0/+7Screw the beer - I'll bring the moonshine and the rope to tie them up! Besides we need something really strong at this point. 110 proof.
- PatrickHenry, on 10/08/2008, -0/+6Everclear really does burn really well.......well 200 proof does....ahem coff coff.
- miggyb, on 10/08/2008, -0/+6I don't want to be labeled a terrorist or anything, but I've been having wet dreams about throwing molotov cocktails at something.
Erm. *cough*
- TheShad0w, on 10/08/2008, -0/+21I just called the 212# and spoke with someone and said:
"Yes I was just watching CSPAN and I just had to call and ask why your top level executives felt it appropriate to spend 1/2 Million dollars of the 85bln we just gave you to save your company on an exclusive get away at a resort?"
She gave me another number to call and told me someone would have to call me back.
The number she gave me was:
1-877-520-4636 they open at 6am- Dejacque, on 10/08/2008, -0/+8in b4 personal army
- NidStyles, on 10/08/2008, -0/+12You should have posted that on the first tier, a lot of people won't open the replies to see your comment
- sunsetprojects, on 10/08/2008, -1/+3Yes please post names and addresses of the execs
also include relative names - nycjap, on 10/08/2008, -0/+3Snailmail? What is this? The 19th century?
Go to their corporate "Contact Us" page:
https://securecontent.aig.com/contact-aig_20_19050 ...
Tell them we want every single one of those junketeers *FIRED* or a refund of our bailout money.
What a crock of crap.- person425, on 10/08/2008, -0/+2The address isn't for letters, the address is for invasions.
- NevaDieENT, on 10/08/2008, -0/+5Alright so we'll get the trolls together order a few thousand pizzas, maybe some taxis, steal a couple identities and burn the place down and call it even.
- keraneuology, on 10/08/2008, -1/+6One Monarch Beach Resort, Dana Point, CA 92629 - (949) 234-3200
Call the spa and ask for the taxpayers' money back. Ask them which other crooks and useless dregs hang out at their place. - dralezero, on 10/08/2008, -1/+6Sounds like a job for Anon!
- davydany, on 10/08/2008, -0/+3Sadly, i used to intern there in the Department of Finance. I've never seen these guys but the other folks there were hard working individuals who weren't corrupt. Even the Senior Director of Finance was a very nice person.
These idiots bring such horrible names to the folks that work there.
- thundacatblue, on 10/07/2008, -1/+60Probably would be a better idea to post the names and home addresses of the execs.
- CYCLEORDIE, on 10/07/2008, -2/+42Is this story being burried? It needs much more attention. Also when I try to play videos about this (as linked below) they don't work..
http://www.speaker.gov/blog/?p=1539- alittleroy101, on 10/07/2008, -3/+4it's ***** buried, not burrrried
- twiztidsinz, on 10/07/2008, -0/+6I think this story needs a coat.
- Goodanswer, on 10/08/2008, -0/+3Watching a video of the insubordination and lying to members of congress makes me sick.
I am not one to condone violence and we dont have to, lets just move our assets to other insurance providers until they straighten out. - benitojuarez, on 10/08/2008, -0/+1Its befinitely not buried now, obama mentioned it on the debates
- sek52, on 10/08/2008, -1/+2At least there's one American patriot who will do something about this!
R[evol]ution!
http://www.youtube.com/watch?v=oHg5SJYRHA0
- alittleroy101, on 10/07/2008, -3/+4it's ***** buried, not burrrried
- agaiziunas, on 10/07/2008, -0/+145Not that anyone cares but that picture is of Lehman's CEO, who by the way got knocked the f*ck out at the gym by someone pissed off at him. Not kidding. If I were an AIG exec I would be selling one of my multi-million dollar estates to pay for a big-ass security detail to follow me around.
- Aadain, on 10/07/2008, -0/+22I sooooo want to hear about that CEO getting decked at the gym! That would just make my day. Got a link?
- redandgold, on 10/08/2008, -0/+52http://www.telegraph.co.uk/finance/financetopics/f ...
"He went to the gym after ... Lehman was announced as going under," she told CNBC. "He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold.- Aadain, on 10/08/2008, -0/+11Damn, I want to buy that man a beer :)
- bleh19799791, on 10/08/2008, -0/+3Thank god there is some justice in the world. Arrest these epic ***** failures.
- zinc6471, on 10/08/2008, -0/+9this made me feel slightly better after reading about aig...
hope the guy got a medal and stand ovation.- AmazingSteve, on 10/08/2008, -0/+3Sadly he's probably awaiting a bail hearing. I'm thinking a scoped rifle from and adjacent building would be more effective.
- Pusod, on 10/08/2008, -0/+1Deez ***** deserve a beatdown fo'sheezy mah neezy!
- RabidAngel, on 10/08/2008, -0/+2If I could find the guy who knocked him the ***** out, I would pay him $100. I am not *****.
- maz2331, on 10/08/2008, -0/+2"You got knocked the ***** out!"
- MediaWeasel, on 10/07/2008, -1/+42Well, given that this figure of $700billion was just plucked out of the air, it hardly surprises me. Bunch of thieves and crooks the lot of them.
I know where I'd like to stick a cocktail parasol - and it's not on top of a sandcastle turret.- NidStyles, on 10/08/2008, -0/+1Actually I remember reading that there's a congressional limit on how much the Treasury can pour into the economy for such program's. If i can find it I will submit the article here. Probably won't get many diggs though, not being a very sensational item like everything else here these day's.
- paintgrl, on 10/07/2008, -3/+22Get out of my state you AIG scum. Oh wait I take it back, maybe I can get some of my tax dollars back. Muahahahahha, come in to this nice dark room Mr.AIG executive.
- PhantomZmoove, on 10/08/2008, -1/+8I know you put "Mr.AIG executive" but for some reason I read it as "MRAIG.EXE" and thought WTF, an economy virus?
- paintgrl, on 10/09/2008, -0/+2HA HA yes it takes back all the cash from the bailout and puts it in the pockets of the tax payers.
I think you need to stop playing on the computer so much. Take a nice break, read a book and all this hallucinations of big bad .EXE will go away:)
- paintgrl, on 10/09/2008, -0/+2HA HA yes it takes back all the cash from the bailout and puts it in the pockets of the tax payers.
- PhantomZmoove, on 10/08/2008, -1/+8I know you put "Mr.AIG executive" but for some reason I read it as "MRAIG.EXE" and thought WTF, an economy virus?
- cheesegypsy, on 10/07/2008, -2/+28Not shocking. Did anyone think that the big shots were going to pare down their lives? We are the ones writing them the check, not the other way around. Capitalism is dead.
- miggyb, on 10/08/2008, -0/+6Now, I know everyone on Digg hates Ralph Nader, but I have to give credit for the quote. If I didn't, that'd be plagiarism:
"Capitalism will never fail because Socialism will always bail it out."
(Actually, that's Ralph Nader's father, so it might be more acceptable.) - Jonez176, on 10/08/2008, -0/+1Right on. This is to everyone who supported the bail-out.
- miggyb, on 10/08/2008, -0/+6Now, I know everyone on Digg hates Ralph Nader, but I have to give credit for the quote. If I didn't, that'd be plagiarism:
- Arishia, on 10/07/2008, -1/+20Get that money back from them. Let them pay their own way, those scumbags. And that Lehman guy got punched? I feel a bit punched myself, with all this money leaving our treasury to correct for their greed. Lol. He doesn't have his own gym? Awwwwwwwwwww...
- PolishLogic, on 10/07/2008, -8/+22To be fair, things have been a bit stressful for them as of late.
- romeov, on 10/08/2008, -1/+15Actually, that is true, it's been a rough ride for these guys.
Maybe we could all pitch in to get them each 10k handjobs to finish off that 23k in massages? I know a couple losing their house in the mortgage crisis, maybe they could stand over them and weep over the future of their 3 year old little girl, so they could use their tears as lube.
Anyone? Come on guys, have a heart.- AresDiggs, on 10/08/2008, -0/+1well that was sick
- paulishuku, on 10/08/2008, -0/+1Wow, that was just.. pure awesome.
- miggyb, on 10/08/2008, -6/+2PolishLogic, you really don't understand the significance of these news, do you?
- PolishLogic, on 10/08/2008, -0/+5miggyb, you really don't understand an easy joke, do you?
- Dejacque, on 10/08/2008, -0/+3I think he was making a joke.
- miggyb, on 10/08/2008, -1/+4PolishLogic, my apologies. I am very angered at what the AIG executives did and did not realize you weren't being serious. In a different scenario, I would have picked up on the sarcasm more easily.
- Nebberz, on 10/08/2008, -1/+3dug both your comments up for the apology (:
- pseudononymist, on 10/08/2008, -0/+1Nebberz--really?
- romeov, on 10/08/2008, -1/+15Actually, that is true, it's been a rough ride for these guys.
- genaropfr, on 10/07/2008, -1/+20Son of a bitch!
- 7aji, on 10/08/2008, -0/+0well said, can't think about anything better to say..... Sons of bitches
- lostray423, on 10/07/2008, -2/+15F*ck them.
- LordBacon, on 10/08/2008, -0/+1Actually, they have *****'d you.... ;)
- ROBINEW, on 10/08/2008, -0/+2....In the ASS!
- Jonez176, on 10/08/2008, -0/+0Think back... Were you for or against the bailout?
- LordBacon, on 10/08/2008, -0/+1Actually, they have *****'d you.... ;)
- BoonTobias, on 10/07/2008, -11/+5i like how they headed to california resort
- dkevinscalf, on 10/08/2008, -0/+1REALLY?
You like the main point of the story well done.
- dkevinscalf, on 10/08/2008, -0/+1REALLY?
- GorfTron, on 10/07/2008, -1/+25A spoonful of sugar makes the $700 billion bailout go down!
- fearlessfx, on 10/08/2008, -0/+2"agh, i have a terrible stomach ache.... must be your cooking, Mary Poppins!"
- kangy3213, on 10/07/2008, -1/+10title should read "after the failout..."
- bitsculptor, on 10/07/2008, -1/+19Enjoy our money boys... a lot more is coming for you and your friends with the "bailout". Paid holidays and parties galore, baby. (Don't be afraid to order that 5th ice sculpture for the big event! Treat yourself.)
- pintomp3, on 10/07/2008, -1/+28bribing politicians is hard work.
- Jonez176, on 10/08/2008, -0/+1AIG gives politicians a few thousand bucks, politicians give AIG $85 billion. Go figure.
- Meestafa, on 10/22/2008, -3/+15eat my ***** AIG
- HarryRag, on 10/07/2008, -0/+6I was expecting a good old fashion "***** you!" but, uh, yeah... I guess.
- twiztidsinz, on 10/07/2008, -0/+12Omnomnom
- Junior612, on 10/08/2008, -1/+5So that's what a mouthful of teat sounds like.
- pagno, on 10/08/2008, -0/+1@Zeus
I hate to use this expression, but that comment was full of win.
i feel dirty.
- NSResponder, on 10/07/2008, -1/+33You know, if we'd just let them go through an ordinary chapter 11 bankruptcy, there would be a judge to decide what they could spend money on. This probably wouldn't have been approved.
Of course, in their haste to "do something", the congress, the Fed, and the treasury department apparently couldn't be bothered to consider whether what they did would make any kind of sense.
-jcr- mbraynard, on 10/08/2008, -4/+3Rather than letting them slide into Chapter 11 and putting a stop to all commercial airline travel in the world (since they insure 90% of all airlines), they were given some breathing room by the Fed to let them sell off their assets in a timely fashion rather than in a fire sale
The taxpayers win because the interest on the loan is substantial and is collateralized.
Why don't any of you geniuses on Digg realize this?- pagno, on 10/08/2008, -0/+3With the way the government has been spending the past 10 years, we lose regardless.
- Tenareth, on 10/08/2008, -0/+2The lost money was mostly on paper only, due to the mark to market rules. All they had to do was fix that issue, then none of the bailout would have been required. It is a stupid system anyway, it was designed to only work for upward markets, it forces a downward market to drop faster.
- NSResponder, on 10/08/2008, -0/+1" slide into Chapter 11 and putting a stop to all commercial airline travel "
Do you know the difference between chapter 11 and chapter 7? If not, then STFU.
-jcr
- mbraynard, on 10/08/2008, -4/+3Rather than letting them slide into Chapter 11 and putting a stop to all commercial airline travel in the world (since they insure 90% of all airlines), they were given some breathing room by the Fed to let them sell off their assets in a timely fashion rather than in a fire sale
- LordStandley, on 10/07/2008, -1/+82This move is so ***** bold It's like they're standing there with our money in their ***** pockets daring us to do something and saying, "what the ***** are you going to do about it?"
- bushout, on 10/08/2008, -0/+4"What trillion dollar bill?" - 'Castro'
- aeoo, on 10/08/2008, -0/+1That was my thought exactly. The word is "brazen". Brazen mother ***** cocksockers. They are laughing at us and mocking us with their actions.
- mugupo, on 10/07/2008, -2/+10More and more like the boss of Dick From the movie of Fun with Dick and Jane
- get2knowjb, on 10/07/2008, -8/+8I wouldn't jump full blown into this, I heard about this almost a week ago that it was scheduled and was mad as hell, but then I remembered something. When I use to work at a company that hosted conferences we would have to schedule and sign contracts 4-8 years in advance with the resorts. Now I think it is still a load of crap since it sounds like it was a retreat regardless if it was scheduled ahead of time or not. I am just saying I don't think it was a direct result of the bailout given they probably had to make arrangements some time in advance, but I do believe it is part of their financial oversights that led to them needing to be bailed out.
- Goldbricker, on 10/07/2008, -2/+5That's a good point, but how about giving away the trips to single mothers or some ***** like that. They should be hanging their heads in shame for their ineptitude instead of lavishing luxuries on themselves.
- get2knowjb, on 10/08/2008, -0/+4I agree, it is certainly excessive. I think where the real focus we need to maintain is that a business has every privilege to use their money as they see fit. But doing so also serves consequences if you do not do so responsibly. That consequence is your business *&^*&ing disappears out of the markets and you cease to exist. So the real anger should not be that these pompous pricks spent so much money for a circle jerk retreat of luxury, but that the government ignored the voice of the common people of this nation and bailed them out instead of them dying off.
We can no longer trust this Government, and I have not trusted it for a long time, but I believe now that those that were faithful and relied on them instead of taking personal responsibility are realizing what a predicament this creates and more and more people as they get informed are getting MAD! - Junior612, on 10/08/2008, -2/+3Giving away trips to single mothers.
Wow. That is the most retarded thing I've ever read.
Who will be watching the babies? - Goldbricker, on 10/08/2008, -0/+2It's not meant to be a literal suggestion ***** just a note that we're ***** paying through the nose for these assholes and if they simply must inhabit the hotel rooms or the money will be spent with an empty room well they could find some deserving regular schlubs out there that would normally never have a chance to go to something nice like this.
- get2knowjb, on 10/08/2008, -0/+4I agree, it is certainly excessive. I think where the real focus we need to maintain is that a business has every privilege to use their money as they see fit. But doing so also serves consequences if you do not do so responsibly. That consequence is your business *&^*&ing disappears out of the markets and you cease to exist. So the real anger should not be that these pompous pricks spent so much money for a circle jerk retreat of luxury, but that the government ignored the voice of the common people of this nation and bailed them out instead of them dying off.
- Spartycus, on 10/08/2008, -0/+8It doesnt matter if this retreat was scheduled a week ago or 100 years ago. The fact is, they work for a company that just went belly up. In a rational world, they would all be out on their asses. Instead, they have successfully managed to lobby our government to give them our money so that they could continue to live like kings.
I think as stockholders we should all start demanding that executive pay is tied directly to company performance. Thats what stock options were about. I say, write an employment contract that takes their saved money/assets if the firm goes under. It'll never happen, but it sure would be nice to know that these guys couldnt fail on a stupendous scale and still go home to their million dollar mansions. - absurdist, on 10/08/2008, -0/+7It's called a cancellation. Easily done. It would cost them a bit of money, but nowhere near as much as they threw away.
- get2knowjb, on 10/08/2008, -0/+3I agree, it is certainly excessive. I think where the real focus we need to maintain is that a business has every privilege to use their money as they see fit. But doing so also serves consequences if you do not do so responsibly. That consequence is your business *&^*&ing disappears out of the markets and you cease to exist. So the real anger should not be that these pompous pricks spent so much money for a circle jerk retreat of luxury, but that the government ignored the voice of the common people of this nation and bailed them out instead of them dying off.
We can no longer trust this Government, and I have not trusted it for a long time, but I believe now that those that were faithful and relied on them instead of taking personal responsibility are realizing what a predicament this creates and more and more people as they get informed are getting MAD! - bobartig, on 10/08/2008, -0/+4So you lose the room deposits. That's like $200k. They tacked on an additional $244k of random crap like meals, drinks, and spa treatments.
Seams it would be prudent not to burn another quarter million of taxpayer dollars just to "make good" on their previous deposit, no?
- Goldbricker, on 10/07/2008, -2/+5That's a good point, but how about giving away the trips to single mothers or some ***** like that. They should be hanging their heads in shame for their ineptitude instead of lavishing luxuries on themselves.
- wolfbeast, on 10/07/2008, -1/+13viva la revolucion!
- Goldbricker, on 10/07/2008, -2/+10They should seize AIG and nationalize the company. ***** them and their elitist *****. I wish they had been beaten to death by an angry mob during their spa treatments. No ***** shame.
- odigity, on 10/08/2008, -0/+4No, no, no! Stop with the unconstitutional government intervention. The worst thing you could do to them is to force the government to ignore them completely, and let them fail on their own, since their business models are frauds and can't survive in a truly free market.
The government is in bed with big business. Stop looking at government as a weapon against big business. That's their weapon, not yours - always has been. That's the whole point of the Constitution - to not create a super powerful entity that can then be hijacked and used by the wealthy.
None of these shenanigans survive in a truly free market.- NidStyles, on 10/08/2008, -1/+1Thank Lincoln for that one
- NidStyles, on 10/08/2008, -1/+1Thank Lincoln for that one
- odigity, on 10/08/2008, -0/+1Thank Lincoln for what, exactly?
- odigity, on 10/08/2008, -0/+4No, no, no! Stop with the unconstitutional government intervention. The worst thing you could do to them is to force the government to ignore them completely, and let them fail on their own, since their business models are frauds and can't survive in a truly free market.
- apathysucks, on 10/07/2008, -3/+18If they're dead, they can't spend our money. Kill them all!
- layzice, on 10/19/2008, -0/+1Negative, unless you are advocating killing their entire families off so the money can't be passed down to the next generation of the worthless.
I'm fine with this, btw.
- layzice, on 10/19/2008, -0/+1Negative, unless you are advocating killing their entire families off so the money can't be passed down to the next generation of the worthless.
- skoles, on 10/07/2008, -0/+41The only way this is going to finally end properly is with violence.
- onelikeseabass, on 10/08/2008, -1/+16Careful there, you may end up on a watch list and get a free vacation!
Isn't it great how all this anti-terror ***** is in place? Now they can use it against anyone that tries to rebel against them!
"Oh, you want to reclaim your freedoms and be rid of corrupt politicians and bankers? Too bad! Enjoy your stay in Gitmo!"- BlacklabelSAR, on 10/08/2008, -0/+6Oh yeah, put about 275 Million Americans on a list.
Bush would have mutiny if he tried to pull any ***** at this point. - mytealjacket, on 10/08/2008, -0/+6Seeing is believing BlacklabelSAR. They've already pulled a lot of ***** and many people seem as content as ever.
- BlacklabelSAR, on 10/08/2008, -0/+6Oh yeah, put about 275 Million Americans on a list.
- jtbell04, on 10/08/2008, -0/+3The world needs more "guys from Montana".
- maz2331, on 10/08/2008, -1/+1Looks like the asshats are coming out of the woodwork.
- onelikeseabass, on 10/08/2008, -1/+16Careful there, you may end up on a watch list and get a free vacation!
- Wryly, on 10/07/2008, -0/+5Throw them in jail and make them foot slaves to Bubba.
- borez, on 10/07/2008, -0/+7Well if they're all congregated there, and you lost money because of them, then that's where you should be heading quite frankly.
- Grumps, on 10/07/2008, -1/+11"If it wasn't for the $85 million bailout, I'll be jobless. But now I can take a week off with those money."
- Junior612, on 10/08/2008, -0/+2*monies
- pseudononymist, on 10/08/2008, -0/+1billion, but point taken
- petaganayr, on 10/07/2008, -8/+1Nice! I would have done the same thing! It's called "going down in style."
- WaveRunningNakd, on 10/07/2008, -2/+37i'm tired of my country going to hell because of people like this.
i'm starting to believe that assassination may be the only answer.
if greedy execs start dropping like flies, maybe businesses will wake up and start acting responsibly.- get2knowjb, on 10/08/2008, -1/+9Problem is if we break into Revolution especially when the depression DOES hit, not maybe, most of these execs have enough money they will get the hell outta dodge. We will be left with an interesting concoction. The police & military will obviously be fighting the people, the people will be going after the crooked leaders as well. I believe that blacks, whites, and others who are here legally will put aside their differences and fight as one. I believe the illegals will join on the side of the Government since they have gotten so many handouts and refuse to deport all of them correctly so they can generate more revenue. Within these factions I believe there will be an inner war between those that want to uphold rights and personal responsibility under common law, and those that will want to reinstall a new government that can start building to implement socialist programs to help them out.
- positron, on 10/08/2008, -0/+5Take the airports and docks first. They won't be going anywhere.
- unclebuck, on 10/08/2008, -0/+10The mega-rich don't travel via airports like us commoners. They have private learjets that take off and land at private, gated, guarded strips. I have first-hand knowledge of this fact. Trust me, if the ***** were to truly hit the fan, the slimiest of them would be airborne before the first torch was lit. These people live in gated communities with private police protection. They're like the ***** mafia.
- NidStyles, on 10/08/2008, -1/+2Uhh no. Private strip's are not legally rated for large enough aircraft to make international trip's. Private planes maybe, but stored at the airport in private hanger's, or the charter branch that is off to the side at all of the major airport's.
- NormalVisual, on 10/08/2008, -3/+1@NidStyles - Uhh, yeah, some of them are. Taken a look at the private strip just west of John Travolta's home in Ocala lately? The one he regularly flies his 707 from?
Also, apostrophes aren't supposed to be used when pluralizing nouns.
- get2knowjb, on 10/08/2008, -1/+9Problem is if we break into Revolution especially when the depression DOES hit, not maybe, most of these execs have enough money they will get the hell outta dodge. We will be left with an interesting concoction. The police & military will obviously be fighting the people, the people will be going after the crooked leaders as well. I believe that blacks, whites, and others who are here legally will put aside their differences and fight as one. I believe the illegals will join on the side of the Government since they have gotten so many handouts and refuse to deport all of them correctly so they can generate more revenue. Within these factions I believe there will be an inner war between those that want to uphold rights and personal responsibility under common law, and those that will want to reinstall a new government that can start building to implement socialist programs to help them out.
- platypusREX, on 10/07/2008, -0/+15There will be no revolution until there is no more TV and air conditioning in homes. This ***** is blatantly ...........I am frickin' speechless.
- WhiZa, on 10/07/2008, -2/+3At least they are spending the money. Everyone else who received a stimulus check put it into the stock market!
- Jasuus, on 10/07/2008, -1/+4well, it was a rather stressful week.
- cam0man, on 10/07/2008, -20/+5news flash: greed is not some recent invention, it's always been around and you won't eliminate it.
how about instead of bitching and moaning you go out and become a millionaire yourself, get the money and then do whatever the ***** you want with it. If you want to give it all away, go nuts. These guys gave a lot of their lives to get where they area - dig me down but my cousin works at Lehman and has put in 12 hour days for the past decade. He's not corrupt and doesn't have anything to do with that side of the business.
no matter how much you want to rip on these guys, they're smart. Don't believe me? you're sitting at a computer crying and they're bathing in the scrooge mcquack money vault every night.
if there's anything you want to complain about, it's that capital gains tax is like 15% and that's where these guys make serious money, through their investments. I bust my ass and ***** pay 30% tax on every dollar I make. Why? So that one day I'll have enough pennies saved up where I can dump it into my investment and turn into a huge wad of greenbacks.
you're all right - it's not fair. guess what, life's not fair. why do children die of brain tumors at age 8? why does the mother who wants a child more than anything suffer through miscarriage after miscarriage? why does the father walking to his second job get hit by the bus only to be killed instantly?
life isn't fair, but you only get one life. you're joking yourself if you're trying to tell anyone on this site that if you just got millions of dollars on top of hte rest of the millions you're sitting on that you wouldn't take your super model wife out to a resort to throw back some beers and relax a bit. i'd do it. i'd even light my cigar with a wad of hundreds.
let this be a lesson. sick of your crappy life? build a huge corporation that makes you billions and then don't complain about anything ever again.- get2knowjb, on 10/08/2008, -1/+2Exactly, the anger should not be focused at AIG, it should be focused at the Government not holding them accountable for their irresponsibility.
- odigity, on 10/08/2008, -0/+4The anger should be focused on the bankers (especially central banks like the Federal Reserve) who hijacked our governments and used it to rape us for the last few centuries.
The anger should be focused on the economics teachers and professors who brainwash kids with the same propaganda they themselves swallowed.
The anger should be focused on the soulless whores in the corporate media who didn't quit their jobs when they realized the whole thing is controlled (95% ownership by 4 companies).
The anger should be focused on every ordinary idiot who didn't make it his or her personal responsibility to understand how the world really works, and let themselves get taken advantage of, thereby allowing our enemies to get stronger from their naivete and misplaced trust. Thanks for falling for the Fallacy of Appeal to Authority, guys.
There's maybe like forty people in the world who aren't responsible for all this. Yes, Ron Paul is one of them. :) - get2knowjb, on 10/08/2008, -0/+2YES exactly, that is the much larger picture that absolutely needs to be addressed. But, unfortunately it has been beyond the turn back point for some time now and is going to fail. The question is will the people be smart enough and learn from these lessons and not let it happen again when the new government is instituted. Will we impose immediate action when corrupt leaders begin to waiver from their commitment to the Constitution and realize that they are derived from the people and not over the people. Will future presidents and administrations be tried and investigated properly for engaging in unjust wars without correct forethought and proceedure?
- odigity, on 10/08/2008, -0/+4The anger should be focused on the bankers (especially central banks like the Federal Reserve) who hijacked our governments and used it to rape us for the last few centuries.
- Xsecrets, on 10/08/2008, -0/+3absolutely, and if I get rich and decide to squander all my money or am just too stupid to hang on to it then I should be screwed just like these douchebags should have been instead of getting $85 mil of taxpayer money and million dollar golden parachute deals.
- gospe1337, on 10/08/2008, -1/+1I don't think the issue is (for me) that they are spending money the way they want. I don't care if they spend their giant piles of investment money on funding South American wars--it's their money. But, you will note that it said the company footed the bill.
I agree. The rich have no obligation to spend their personal money in whatever extravagant and reckless manner they so choose. And, yes, many of the people who work for such investment funds are quite smart. I know a few friends from college who are putting in 16-hour days at Goldman Sachs. I also know a few other guys putting in 3200 working hours a year at law firms. Yet, I also know engineers who are brilliant, but they are on the paygrade of $80,000 after a decade of work. Hard work does not always mean super rich. Nor does super rich mean hard work. Yeah, yeah feed me the line about being a go-getter and all that.
I digress.
At some point, handling a company has to be more than YOUR personal greed. I can understand wanting your company to do well, but handling dangerous MBS/CDS practices, using every dirty trick, and trying your hardest to circumvent deregulation are plain evil.
Again, I don't care how much money they make. But, I do care if they're making golden parachutes for a burning company. I do care if they're misusing company assets. And, I do care if they don't put the company first. Companies cannot run by suits alone. They are using the backs and sweat of thousands of workers. Self-interest and pure greed are not the same thing. And simply being rich does not make you greedy by default; it's not an excuse. - iMyst, on 10/08/2008, -0/+1Life isn't fair, but we do our best to make the parts of it we do have control over as fair as we can make them. Clearly someone isn't playing for our team right now. (And you're sitting in the stands.)
- WallyAnti, on 10/08/2008, -1/+4***** both of you. Seriously. I find your ideas highly offensive. Go off and build a corporation? Never mind things like capitol, business ties, a six figure education(which really only amounts to more business ties). You jackasses want to just give these companies a pass because you'd do the same thing if you were lucky enough to be in their situation?
You think any crime is fine as long as you can get away with it. I think it's ***** obscene that these people can still breathe the free air after what they've done to acquire a little more status at the cost of millions.
That you would just give them a pass when you too are probably on the ***** end of this deal... well that just shows that you're as smart as you are ethical.
There is enough anger for both the crooks(banks) and their enablers(government). That is if you entertain the idea that there is a difference between the two. Life may not be fair but it's our prerogative to make it as fair for ourselves as possible... not to acquiesce to the idea that we might be getting raped out of everything we work for while the crooks get happy finishes at day spas. - enantiodromia, on 10/08/2008, -0/+3for the record, in the time it took me to read your long stupid post while at my desk at work, I made ~$50.
and your assertion that all we need to do is go out and create a billion dollar company is bogus. it's like telling a starving kid in Africa all they need to so is just go make themselves a nice ham sandwich.
neither of us can accomplish this because WE DON'T HAVE THE ***** BREAD YOU IDIOT - badbadmike, on 10/08/2008, -0/+1You think you get it. You don't. You probably never will. But unforunately, beliefs such as yours are held by the majority. Somewhere along the line, you've been taught to think and feel these things. You can't help it, because you are neither intelligent nor creative enough to ask important questions. This is your plight I suppose.
People like you are the reason there are hundreds of millions of miserable Americans. The powers-that-be count on you to apprehend and articulate these sorts messages to those of like mind. Your arrogance will keep you right where you are. How unfortunate for the many.
P.S. Know what you said about someday having "a huge wad of greenbacks."? It's not going to happen, ever. The money rarely changes hands, you see. That's another tidbit that you'll never learn. So when you find yourself rotting in a filthy public hospital or suffering abuse at the hands of angry low-wage workers in a state-run nursing home, remember the whiner on the Internet that let you know how stupid he thinks you are.
- get2knowjb, on 10/08/2008, -1/+2Exactly, the anger should not be focused at AIG, it should be focused at the Government not holding them accountable for their irresponsibility.
- asancho, on 10/07/2008, -0/+19***** AIG!
- PiRATE7, on 10/08/2008, -1/+14I knew this would happen. Our bailout money should have came from the pockets of the CEOs whose companies participated in such risky buisness practices, not ours!
- cptcaucasian, on 10/08/2008, -3/+9what these elitists need is a trip to the guillotine, louis and marie style.
- monkeyrun, on 10/08/2008, -0/+2See the money is going back to the economy. lol
- imightbewrong, on 10/08/2008, -3/+3after a month of the most trying executive times of their lives they go on a vacation to relax for a few.. criminal lol
- StingingNettle, on 10/08/2008, -0/+2Hey, loosing peoples life savings is very stressful.
- NonLeftistDiggr, on 10/08/2008, -0/+11When you hear a conservative AM radio station (i.e. any AM radio station) giving these guys ***** for this, you know they are in trouble. The cost of that trip would easily cover the yearly salary with benefits for 6 or 7 average office workers, who will probably be laid off at some point.
- maz2331, on 10/08/2008, -0/+1Conservatives HATE this kind of stuff, as do most liberals.
Politicians don't mind it at all, so long as they get a taste.
- maz2331, on 10/08/2008, -0/+1Conservatives HATE this kind of stuff, as do most liberals.
- Dkrainey, on 10/08/2008, -0/+7WTF!!!! Thats it. Im done. Time to do something about this
- NidStyles, on 10/08/2008, -1/+1No ball's. I call bitch...
- andreinvictoria, on 10/08/2008, -2/+39The American people should round up all these Wall st. pricks, and drop them off for a weeks vacation at the nearest " pound me in the ass prison". Wearing lipstick, ass less chaps, an a dog collar.
You want to rape the American economy..... Well, Now its are turn. .......UGGHHh Take it!!!!!!!!!!!!!!!!!!!!!!- fearlessfx, on 10/08/2008, -0/+2If they filmed it as some sort of reality TV show it could pay for part of the 700 billion dollar bailout =P
- Ne007, on 10/08/2008, -0/+1give them a "*****-meat" sandwich.
- cadmiumpaint, on 10/08/2008, -0/+19Off With Their Heads!
- pseudononymist, on 10/08/2008, -1/+1***** you, eat a cake
- H0tKarl, on 10/08/2008, -1/+3AIG is pants.
- sajorojas, on 10/08/2008, -0/+1can you please elaborate a bit?
- tankdilla, on 10/08/2008, -0/+1pants = bad in British parlance
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