The article I chose deals with the AIG bonuses being given to the corporate executives and whether or not this deal for the bonuses is fair or not. I argue this because not only are these bonuses being taken out of the governments pockets but the government gets this money from our taxes so any money they take we have to give. On the other hand however by giving the money to the executives they are being motivated not to leave the company so that they will not go under in which case this act is somewhat fair and has a purpose but then again is it really fair to buy trust with money not to mention "our" money and should the Obama administration put a stop to it?
Link:
http://abcnews.go.com/Politics/wireStory?id=7088060
Video:
http://abcnews.go.com/Business/story?id=7089719&page=1
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NOT FAIR! WE are ruining the capitalist principals that this country was built on by rewarding failure instead if success.
ReplyDeleteI think on the one hand it is absolutely not fair that AIG executives get bonuses from tax dollars. It may be in their contract but we should not reward them for putting their company in the toilet. They did not do work that would reflect deserving a bonus. If America is a capitalist society we should let the market make those decisions. If they have the capital within AIG to give bonuses then they should, but the government should not supplement them because they can't afford to give executives a new jet every year. Futhermore, if they do go to other companies than in accordance with capitalistic principals, isn't it right to let the company fail? If the company is not succeeding than they should fail just like every other company. If they were a small business, they would just go under and the government really wouldn't care. And what company is going to want executives who have been proven to fail? If they have knowingly drove a company into the ground it's not likely that they are going to be hired at a better rate than what they are already getting because no one would want to take the risk. The government should let it alone and work on other ways to supplement the economy rather than trying to supplement old practices that don't work.
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