The US Federal Government owns 80% of AIG. As such AIG is a company that is majority owned by the US Government. As such all of the employees of AIG are government employees, including The CEO. If I work for a company that is majority owned by the US Government I am a government employee. Further the money that AIG, a company that is majority owned by the US government, is giving out in retention bonuses (to the tune of appx. 150 million dollars) is money that was given to this US government majority owned company by the US government. Finally, the loopholes in legislation that allows for these bonuses to be paid was a loophole placed in the legislation by Senator Chris Dodd — another US government employee.
So, what we have here is AIG, which is a subsidiary of the US government, and their employees receiving millions of dollars of bonuses.
So, given this reality, how could citizens ever be mad at the private sector in what is being played out? This is a US Government heist of the US taxpayers.
Hey folks, if you’re going to be angry and enraged point all that rage towards the US Government.