100% FREE ONLINE DATING
sponsored links
| Topic: AIG, Congress and the Taxpayers | |
|---|---|
|
|
|
Why are we continuing to let the government bail out a failing business that is misusing taxpayer money? Surely there are independently owned businesses, and even individuals, that could put that money to far better use.
What is up with AIG? The taxpayers, by way of the government and without being asked, have given AIG more than $122 Billion in funds (the amount is actually said to be more like $152 Billion) to keep the failing insurance giant afloat, and yet AIG cannot seem to tighten its belt. American Insurance Group, a company originally founded in China, has been caught spending hundreds of thousands of dollars in perks for executive, top producers and independent advisor retreats since its taxpayer bailout. Taxpayers may be aware of the lavish resort visits, but are they being given a choice on whether or not they want to continue funding the irresponsible AIG? The tab for the first extravagant get-a-way was $440,000. Of that, the expenditures were reported to be $200,000 for rooms, $150,000 for meals $23,000 for spa treatments and $7,000 in Greens fees. So, lets get this straight, they spent all that money to stay in a resort, all that money for food, all that money for spa treatments, and yet there is still $60,000 unaccounted for. Maybe they spent it in tips! Since we are being forced to “help” AIG, I think it only right that we know what happened to the remaining $60,000! And…I am quite sure that with the stress taxpayers are under with regards to our collapsing economy, our losing our homes, our lack of funds to purchase food, we might like a nice get away ourselves, but we cannot afford one. AIG tried to keep the next big outing secret, even staff members of the resort at which the new outing took place were told not to mention AIG by name. There were no AIG logos or signs to be seen. However, an ABC affiliate caught them on tape. This time, they spent $343,000. |
|
|
|
|
|
|
|
Why are we continuing to let the government bail out a failing business that is misusing taxpayer money? Surely there are independently owned businesses, and even individuals, that could put that money to far better use. What is up with AIG? The taxpayers, by way of the government and without being asked, have given AIG more than $122 Billion in funds (the amount is actually said to be more like $152 Billion) to keep the failing insurance giant afloat, and yet AIG cannot seem to tighten its belt. American Insurance Group, a company originally founded in China, has been caught spending hundreds of thousands of dollars in perks for executive, top producers and independent advisor retreats since its taxpayer bailout. Taxpayers may be aware of the lavish resort visits, but are they being given a choice on whether or not they want to continue funding the irresponsible AIG? The tab for the first extravagant get-a-way was $440,000. Of that, the expenditures were reported to be $200,000 for rooms, $150,000 for meals $23,000 for spa treatments and $7,000 in Greens fees. So, lets get this straight, they spent all that money to stay in a resort, all that money for food, all that money for spa treatments, and yet there is still $60,000 unaccounted for. Maybe they spent it in tips! Since we are being forced to “help” AIG, I think it only right that we know what happened to the remaining $60,000! And…I am quite sure that with the stress taxpayers are under with regards to our collapsing economy, our losing our homes, our lack of funds to purchase food, we might like a nice get away ourselves, but we cannot afford one. AIG tried to keep the next big outing secret, even staff members of the resort at which the new outing took place were told not to mention AIG by name. There were no AIG logos or signs to be seen. However, an ABC affiliate caught them on tape. This time, they spent $343,000. |
|
|
|
|
