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Tuesday, March 24, 2009

AIG Bonus Gate

Instead of helping the poor, our gov props falling firms like one AIG, which is considered to be too big to fail. This insurance giant has over 74 million clients in over 130 nations around the world. Federal Reserve Chairman Ben Bernanke said the bonuses were "highly inappropriate," and we need to stop them.

What can I tell you, an egg sucking dog will suck eggs. This group of greedy execs will constantly DOWNsize and OUTsource workers, yet pay themselves a royal salary. I predict a further easing of demand and more global economic crisis. The pace of inflation will pick up and the future price of food will be higher.

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