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October 7, 2008

First Reports in from AIG Bailout

Filed under: Uncategorized — Marty Duren @ 2:46 pm

And it is not pretty.

Read AIG Executives Blow $440,000 After Getting Bailout

10 Comments

  1. Doesn’t surprise me one bit, the avarice, greed and such really shouldn’t surprise anyone. This is the lifestyle that these executives call “normal”, and it’s a crying shame.

    Comment by Rob Slagle — October 7, 2008 @ 3:54 pm

  2. Unbelievable! The IRS ought to send them a bill.

    Comment by Kevin Bussey — October 7, 2008 @ 4:07 pm

  3. Here’s what I just sent to ol’ Saxby Chambliss:

    I’ve heard that this bailout fiasco will cost each U.S. citizen over $2,000. I’ve known (not thought, not believed, but KNOWN) from the start that this was a completely absurd idea. In fact, unlike the drivel that is being fed to us by politicians and the media, I do recognize that doing nothing WOULD have been a better choice than this bailout. If this was the best you all could come up with, then might I suggest that you and your colleagues find new jobs as window washers, as that profession appears to be suited for your level of creativity and problem solving.
    Although I have known the foolishness of this bailout from the beginning, I am now LIVID at reading that AIG executives spent nearly $500,000 at a lavish resort in St. Regis Monarch Beach, CA recently.
    http://www.foxbusiness.com/story/markets/industries/finance/aig-executives-blow–getting-bailout/
    These idiots should be holding their meetings in the back of a Motel 6 while eating the remnants of the previous day’s continental breakfast out of the dumpster.

    Mr. Chambliss, my address is above. Please have the Federal Government make out a check in my name in the amount of $5000. I know the estimate is $2000 per person, but I’m tacking on a little extra in case I make some foolish financial choices in the future and need to spend some time thinking over my options in a California resort. I’m sure you’ll understand. There’s really no other solution.

    Comment by Beth — October 7, 2008 @ 6:38 pm

  4. Beth, I will be willing to bet that you will get the typical form letter that I received telling how instrumental this “rescue” bill will be for our children and grandchildren. As long as the same CEO’s are running the asylum, why do we expect them to instantly become fiscally responsible. All we have done is enable them to keep doing what they have been doing all along. . . only now with someone else’s money.

    Comment by SonyaD — October 7, 2008 @ 8:10 pm

  5. Beth-
    Saxby Chambliss went by a Norcross business yesterday to campaign. A friend of mine who works there said most of the people didn’t know who he was and many thought his name was “Zaxby Chambliss.” I thought the chicken tie-in was pretty appropriate.

    Comment by Marty Duren — October 8, 2008 @ 5:21 am

  6. His campaign slogan could be “Vote for the Big Zax Snak!”

    Comment by Beth — October 8, 2008 @ 12:13 pm

  7. Marty, we were going to send you to the St. Regis for Pastor Appreciation Month, but judging from your post I don’t think that would go over well. Too bad – just think how good you could have looked with a $1,500 haircut.

    Comment by Jason Barr — October 8, 2008 @ 12:56 pm

  8. http://news.yahoo.com/s/ap/20081008/ap_on_bi_ge/fed_aig

    Now they get even more from the Fed. They government must go through their options, identify the stupidest one, and then do that.

    Comment by Beth — October 8, 2008 @ 7:16 pm

  9. The following link is what might be in store for those execs not “saved” by the bailout. Marty said he thought it was funny.

    http://www.youtube.com/watch?v=3XGJq8wrw5I

    Comment by Steve H — October 10, 2008 @ 3:46 pm

  10. That video is so funny! Probably will be all too true here soon.

    Comment by Beth — October 10, 2008 @ 11:44 pm

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