Friday, March 20, 2009

The AIG bonus diversion

The bailout money that AIG give out in bonuses amounts to one one thousanth of a percent of their total bailout package. All the MSM outlets are going on and on about the "outrage" of the American people while back at the Fed the printing presses punched out another 1.25 TRILLION sending the dollar down 3 plus percent.
.....AIGs bonuses were $160,000,000. The Fed printed $1,250,000,000,000. This is the true outrage. The more there is of a thing the less valuable those things become; economics 101. The Fed picked your pocket yesterday.
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http://rawstory.com/news/2008/Paul_Bill_to_tax_bonuses_unconstitutional_0319.html

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