Shelby Outraged About Bonuses After Bailout

Alabama Financial Crisis  Senator Richard Shelby is blasting insurance giant AIG for passing out millions of dollars in executive bonuses after receiving $170 billion in federal bail out money.
by The Associated Press
Published: Mon, March 16, 2009 - 10:49 am CST Last Updated: Mon, March 16, 2009 - 10:51 am CST
WASHINGTON (AP) - Federal lawmakers, including Alabama Sen.
Richard Shelby, are heaping criticism on insurance giant AIG, after
learning the bailed-out company has been passing out millions of
dollars in executive bonuses.
The Tuscaloosa Republican tells ABC's "Good Morning America"
that Congress needs to make sure that government money going to AIG
is properly handled. The Alabama Republican adds that AIG brought
its problems on itself and that "a lot of these people should be
fired, not awarded bonuses."
The company has received more than $170 billion in federal
rescue funds.


(Copyright 2009 by The Associated Press. All Rights Reserved.)

If you don’t like what’s going on then CALL, Just voting is not going to solve any thing. Yeah sure vote to get a new person in that office but what if that person does some thing to upset you or in this case the whole U.S. Then that person Elected must hear from people that got him or her in office. That’s what’s wrong today Yeah people want to get out there to vote ok go vote but when the elected member goes against what he or she was set out to do then they need feedback!! If more of us would call more would get done! Otherwise those people up there are just going to set on their butts and rake in the money on our expense.

Report Abuse

I do more than call & write!

I vote!

Report Abuse

Are we not a little childish here, who cares about the spelling. Comments are posted for concerns. Even though the government does not read this, at least Bamagirl does something about it. What have you done? I have written and received a personal letter. If you don’t like what’s going on call or write your voice will be heard.

Report Abuse

Almost. It’s “their” not “there” and I think you intended to use quotation marks not parentheses when describing your congress person’s answer.

Have you thought about what it would take to have every citizen vote on every aspect of government?
We need Congress, just not a corrupt one!

Report Abuse

Congress is going to do what they want! They don’t care about the people! They care about themselves.
I want to know how many people leaving comments have called there elected officials and complained? Because if you have not then you have no room to complain! I have called them and all I get is a (we care about the people we make the choices based on what we think is right!)
Why should we have these people make these choices for us? We don’t, Lets just vote for the bills ourselves. Like we do for president! NO MORE PEOPLE MAKING CHOICES FOR US WE MAKE OUR OWN!!! Because if I made a bad choice at my work place and it caused my company Thousands or Millions of dollars then I would be fired! And that is what they did made a really bad choice and now they all need to be fired!!

There is that Better? KxVicious?

Report Abuse

You did WHAT very much?

Are you drunk?

Your posts are pretty incoherent.

Report Abuse

I did that you very much!  I Vote every Chance I can get, which is every time. And Im sorry about the spelling but When you don’t have the time to check it you just don’t!

Do you?

Report Abuse

Bamagirl, your posts will sound more intelligent if you complete middle school English and use the spell check.

Also, actions speak louder than words. Go out and vote!!!

Report Abuse

Congrass is goin to do what they want! They don’t care about the people! They care about themselfs.

I want to know how many people leaving comments have called there elected officals and complained? Because If you have not then you have no room to complain! I have called Them and all I get is a (we care about the people we make the choices based on what we think is right!)

Why should we have these people make these choices for us? We don’t,, Lets just vote for the bills ourselves. Like we do for pesident! NO MORE PEOPLE MAKING CHOICES FOR US WE MAKE OUR OWN!!! Because if I made a bad choice at my work place and it caused my copany Thousands or Millions of dollars then I would be Fired! And That is what they did made a Really bad choice and now they all need to be Fired!!

Report Abuse
Report Abuse
Post Your Comment »
WKRG on Facebook

Recently Commented On

Murtha’s Death Means More…

2 Total Comments
Murtha’s Death Means More Tanker Problems? Local officials hoping to get a dual contract. more »

New Rabies Control Rules Now…

5 Total Comments
New Rabies Control Rules Now In Effect The Alabama Department of Public Health has announced significant… more »

Gotta Question For Mobile’s…

3 Total Comments
Gotta Question For Mobile’s Astronaut? We are preparing for an interview with Mobile's astronaut… more »

3 Shot During Super Bowl Celebrations…

3 Total Comments
3 Shot During Super Bowl Celebrations in New Orleans Three people were shot amid celebrations surrounding the… more »

Alabama Legislature Considers…

1 Total Comments
Alabama Legislature Considers Bingo Bills Gambling issues take center stage at the Legislature this… more »