AIG $165 million bonuses is not the main issue

[Devil Within]

Those in power in the US blame the current financial crisis on the free market. However, the market wasn't really free, it was over regulated by the US Federal Gov that created this mess starting with Clinton administration and Bush just made it worst.

Glenn Beck explains how the Obama administration is playing a misdirection game by focusing on the bonuses at AIG rather than all of the tax money going to other countries.

Part 1
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http://www.youtube.com/watch?v=HkdoRyvJLJ8&feature=channel

Part 2
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http://www.youtube.com/watch?v=VXHf8Fi6Ahg&feature=channel

 

[denzuko1]

True true. His popularity is fading from 80% to 60%.

In fact the bonus payout is a minor problem, only 0.5-0.8% of the whole package. Taking back the amount is only pulling hair from a bear.

 

[johnny333]

True true. His popularity is fading from 80% to 60%.

In fact the bonus payout is a minor problem, only 0.5-0.8% of the whole package. Taking back the amount is only pulling hair from a bear.

Don't know why he just don't nationalise all those failing banks & clean up those with bad debts. Instead of becoming majority owners who can't stop the old business as usual attitude e.g. bonus culture,