Congress gave AIG and other big companies taxpayer money for bailouts. Executives are bailing out with Golden Parachutes and weeklong retreats with spa treatments. Congress had other options and chose badly to bail out large companies, instead of bailing out individuals, so that they could stay in their homes.
There were other options like suspending income tax on interest on bank savings accounts. That would have brought money into the banks, that they could use to make loans. A win-win for us instead of the million dollar executives.
Is anyone else angry about this or am I losing it?
Congress - Give Us A Break!
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