Tuesday, March 17, 2009

What's all the Fuss?


What's all the fuss? It appears that the D.C. crowd is unhappy about AIG giving out employee bonuses. I don't know why they are making such an issue of it when it was totally within their ability to monitor the spending plan and set ground rules before they handed over billions of our dollars to an inept company. If AIG was so badly run then why would you give them our money in the first place? Hey Washington, don't bother with your shock and dismay, it doesn't play well. As a matter of fact, from an internal memo issued today, it stated that the bonus issue had been disclosed all along. Besides, these bonus are less the 1% of the bail out so why is this any different from those spending bill earmarks that Obama doesn't want us to fret over? This is just another reason why we need to let these business go under and let the market work. We really need to start taking responsibility for our actions.

I don't know why it is so difficult for people to simply say "Gee, I messed up and now I have to fix this" we would rather poke fingers and blame the other guy. Reminds me of those credit service commercials, you know, the ones that tell you that it isn't your fault your in credit card debt and don't pay.... negotiate so part of your balance will be forgiven. That is just stupid thinking. I dont mean to sound harsh her but YES it is your fault you have credit issues. Nothing is free and why should a company that did business with you in good faith, suddenly have to renegotiate or forgive (write off) some of your obligations? Now I am sympathetic to some and I do understand that things happen in life that are sad and/or unexpected but that doesn't give us the right to lay our responsibilities off on someone else. Everything works out but we have to" own it" so we can take action to change it.
This is true for you and me as well as groups like D.C. and AIG. Hey it's just another day in America.

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