Your tax dollars at work2
October 7, 2008 by 8junebugs
AIG executives take a break from the stress of getting bailed out by you, the American taxpayer.
And by “break,” I mean a $440,000 retreat at a resort. At roughly $2,300 per taxpayer for this bailout, you’ll be delighted to know that 10 of you covered their spa expenses.
Rep. Henry Waxman says the House committee investigating the company’s “near failure” will “ask whether any of this makes sense.”
If the distinguished gentleman from California would permit me save him the trouble, I would theorize that his constituents and the rest of the country might respond with a resounding “Oh, HELLS no.”
Sometimes, there is such a thing as a stupid question.
If anyone would like to donate $23,000 to my spa retreat fund, please don’t hesitate to contact me directly. I don’t generally allocate that much for my relaxation, but I would be happy to report back on exactly what that buys. I’ll even tweet from the mineral pool, just for the sake of authenticity.
I could not believe this little bit of news when I heard about it this morning. It makes me furious and my stomach churn. I need a spa vacation.
The worst bit? In addition to your $85 billion federal dollars, they’re getting $37.8 billion from the New York Fed:
Oh! And declaring bankruptcy.