The last time we reported on these guys was early November, 2008.  They took our money and then had a lavish party.  (November 2)

We’re now up to about 200,000,000,000 dollars - that’s 200 BILLION DOLLARS - that’s A LOT OF ZEROS AND COMMAS  -  THAT’S A LOT OF FUCKING TAXPAYER MONEY!

You’d think we’d learn something, don’t you?  “They’re too big to fail.”  This is what we’re told.  Meanwhile, jobs are being lost, savings wiped out, and right about now, Iran’s nuclear effort is seen as much less of a threat to us than AIG.

First Bailout was 80 Billion, followed by another 30 Billion, then up to 145 Billion - then they went to a party that cost almost Half A Million, and now we’re giving them another 30 Billion - the American Taxpayer owns 80% of this “too big to fail” company and we have no say in what goes on.

I hope they invite us to the next party.  Maybe to the Ritz Carlton?

(from our Archives)

Your Tax Dollars At Work - AIG and the St. Regis - November 2, 2008 

It’s one thing that the government bailed out AIG a month or so ago.  It’s yet another that the 80+ Billion dollars was followed by another 30+ billion dollars. 

Those are now called bail-outs.

What’s odd is that within days of getting the first bailout, executives of AIG spent a reported $440,000 at the St. Regis Monarch Beach Resort in Newport Beach, California.

Now, the government’s money is taxpayer money, we bailed out AIG, and they spent half a million partying at the beach. 

Which political party is going to make sure this doesn’t happen again?