03-17-2009, 05:07 PM
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#5
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Retired Surfer
Join Date: Dec 2000
Location: Sunset Grill
Posts: 9,511
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Quote:
Originally Posted by RIJIMMY
Some food for thought. Get over the initial anger and think.
I think we can all agree that mortgage companies and real estate brokers share responsibility for the current crisis. Part of Obama's plan is to pump $ (your money) into the housing market to reduce the inventory. Who do you think will be raking in the money from this? Mortgage brokers and real estate agents! So, if the AIG bonuses are so unfair, are the real estate commissions and mortgage commissions unfair too? Should the people who made tons of money causing the problem make tons of money on the solution too? Tons of YOUR money?
How about the construction industry? I dont think they were responsible for this mess at all, however, they will be receiving billions in money to "bail" them out, via the stimulus bill. Should they be paid overtime for their work? Or should they, as is being suggested of AIG employees, sacrifice for the common good? Do you think the unions would agree to that?
Food for thought. Like it or not, the only people who will save AIG, is the people working for AIG. These bonuses, just like mortgage commisions and union overtime is the cost of doing business.
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I think the carpenters will be a tad upset at being comapared to AIG executives. AIG was thier own personal money pit to steal from and they did. 73 people received a million dollars or more. And those 73 people are complicit in running AIG into the ground. As long as we the public own the company, I say no bonus'. They can do whatever they want afterwards.
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Swimmer a.k.a. YO YO MA
Serial Mailbox Killer/Seal Fisherman
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