I am not as outraged over the AIG bonus scandal as most people seem to be. Generally I’m opposed to government bailouts, so I don’t think it was a good idea for the government to give AIG bailout money to begin with. However, I’m also opposed to the government telling companies what to do. AIG is a private company, so doesn’t it have the right to decide how much to pay its employees? I mean, maybe giving large bonuses to executives who messed up (if that’s what they did, I don’t know the details) isn’t the best business decision, but the compensation decisions of a company are really none of the public’s or the government’s business.
The way I see it, giving companies taxpayer money is kind of socialist, and government regulation of companies is kind of socialist. Isn’t it better for the government to do only one socialist thing instead of two?
And then there’s the Democrats’ idea to tax the bonuses at 90%. In addition to being mean-spirited, this would also be unconstitutional, since the Constitution forbids taxes that target a specific group of people.
In conclusion, there are far better things to be outraged about than the AIG bonuses, including the fact that the government spent so much money on the bailouts and the stimulus in the first place.
The 2008 election was the worst election in American history. Voters as a whole made the wrong choice on almost every race and ballot initiative in the entire country.
We’ll have a socialist-leaning president who will continue to decrease people’s liberty and property rights. Massachusetts voters had an opportunity to halt the expansion of government theft and oppression, but, brainwashed by the media and the multi-million dollar ad campaign from government moochers, they let the chance slip by. The magnificent, fun sport of greyhound racing is no more. Kerry and Kennedy are still the Massachusetts senators, depriving all Republicans in this state of representation. New Hampshire, which was supposed to be the only state in New England with a remnant of sense left, elected Jeanne Shaheen the taxing machine to the Senate.
Needless to say, I am extraordinarily disappointed in the people of the United States. All true Americans need to remember that although times are bad now, we must keep fighting and never give up. This will be a terrible four years, but hopefully the majority will realize the mistake they made and will vote differently next time. Every socialist nation so far has deteriorated because there is no incentive for people to work. America is clearly headed in this direction, with Obama as president and a Democratic Congress that will eagerly agree to do anything he asks. Don’t lose hope. Eventually America will realize that socialism is not the way to go.
