The corporate and financial leaders of America have transformed their organizations into failed enterprises and, despite their opposition to “big government,” have begged for assistance to meet their bills. In essence, a company like AIG does not have money in their coffers except for money coming in from the federal government. But, the one consistency in the lives of these corporate executives is they are entitled to a bonus, it is in their contracts. Exactly, how one gets a bonus when the company is almost bankrupt is a concept only understood by those running AIG. President Obama reacted with fury to the news of large bonus payments to these outstanding leaders who have driven their company to ruin.”How do they justify this outrage to the taxpayers who are keeping the company afloat?… I’m choked up with anger.”
Attorney General Andrew Cuomo of New York is investigating the legality of giving money the company does not possess. “When a company pays funds that the company effectively doesn’t have, it’s akin to looting of a company.” But, to these paragons of capitalism who oppose paying money to “welfare cheats,” you know, people who want handouts from the government for doing nothing, it is not welfare when given to them.