Thursday, October 16, 2008

Use of our 700 Billion tax bailout.

What do you do if your a struggling company such as AIG and the government gives you $85,000,000,000 (Besides asking for an additional $38,000,000,000)???

Take your employees to the St. Regis Resort and spend $440,000 on a spa get away...  
See story Here...  

Its my understanding that in giving AIG 85 Billion dollars, that gives the government (including me and my taxes) 80% stake in the company..    As a stock owner, I say we act fast and hard against this type of spending.  

Senator Hatch got a nasty email from me this morning asking what he was going to do about this..  I suggest you do the same.  http://hatch.senate.gov/public/index.cfm?FuseAction=Offices.Contact
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3 comments:

Janie said...

Good Job honey!!! I am emailing him too!

9:55 AM
eran said...

I love Orrin... You can read his canned response to my letter... Orrin's Response to Eran

9:58 PM
Kent said...

I got the exact same letter back from him. And to think that I thought he was writing me personally.. Just kidding..

8:15 AM

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