12 November 2008

AIG Sure Knows How To Partaaay (on the Taxpayer Dime)

Your Income Tax Supported This AIG Conga Line

When President Bush warned that "Without Immediate Action by Congress, America can slip into a major panic" in response to the $700B+ bailout, you kind of expected the titans of corporate America to understand that they were now being closely scrutinized by the general public to "not fuck nothin' up". Unfortunately for us, as stock markets worldwide collapse, AIG is like Nero playing the fiddle as our 401Ks burn in a drunken orgy. From ABC15 on site at a posh resort in AZ (h/t Hot Air):
The conference at the posh resort included many senior managers at American International Group, or AIG, one of the world's biggest insurers and recipients in September of more than $85 billion from the federal government. AIG made significant efforts to disguise the conference, making sure there were no AIG logos or signs anywhere on the property.
An AIG spokesman responded to Ed Morrissey at Hot Air, claiming that executives had been directed to "reduce expenses and conserve cash". However, these plutocrats are a little unclear on the concept of when you get paid by the public, you are a public servant. Our JAG recently had a one-hour discussion with our command because he was concerned the some sailors took one of our vehicles with government plates to the local McDonald's for lunch. He said "it sent the wrong message to the taxpaying public" that we were being wasteful. Sure, a 9-pc. McNuggets might look like the military is pissing away cash in the public troff, but a $400K boondoggle to California is now considered justified? The AIG spokesman can feel free to peruse the Code of Ethics for Government Service, since they had no qualms extorting cash from John Q. Public.

It has really struck me as a surprise that we as a society are not more furious at these conniving scoundrels. Mark Penn wrote that new breed of affluent, conscientious voters is reshaping the political landscape, and that they supported the bailout. I'd sure like to know why slapping a "Keep Tahoe Blue" bumper sticker on their Volvo entitles them to massive amounts of taxpayer money to keep their lousy, overpaying jobs around. Ma, where's my pitchfork at?