"Bailing out the world"
But while the ire of Congress and the media focus are on the $165 million that AIG paid out in bonuses to their executives, the president is hoping you won’t notice the $100 billion in taxpayer bailout dollars that AIG paid out to other banks, including $58 billion to foreign banks and $36 billion given to French and German banks alone.
Read the whole thing. Including the information about how much money AIG (and banks that recieved bailout money that was given to AIG) donated to the Obama campaign.
In receiving $43.5 billion for their investment of just over $3.3 million, it looks like the banks that gambled on Wall Street certainly got their money’s worth out of their investment in Barack Obama.There are no rules around these bailouts. And our children's tax dollars are being absconded with, with no oversight. I'm mad. You should be too.
Comments