Oct 07

Bailout Party?

Tag: Debt, MoneyPatrick @ 9:57 pm

I want that $85 billion dollars the Treasury Department agreed to give AIG.  In exchange, I’ll promise to do two important things:

  1. I’ll only pay off my bills and keep not a single extra penny, then give the rest to the next person who’s willing to do the same thing.  Just think how far that much money will go and how many “regular people” this would really help.
  2. I promise not to go on some wild junket or spending spree at an exclusive resort to celebrate the fact that my government rescued me from my own stupidity.

AIG, as you probably have heard, was the subject of congressional questioning after it was revealed that the company spent $443,000 on a party to celebrate the government’s bailout.

AIG doesn’t deserve a bailout.  Those who are willing to take the lesson and actually demonstrate that they’ve learned from it are the ones who deserve the help.

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