The failing AIG company received $180 billion in bailout money from the taxpayers.  It’s reported that they still paid their executives nearly $220 million in bonuses.  How can that happen?  What are the bonuses based on?  It’s quite obvious that they’re not based on company performance!  Tim Geithner, the Treasury Secretary, doesn’t have a good explanation.

The next time we give bailout money to a failing company, it shouldn’t be given unless the company receiving the help agrees to suspend all bonus payments until the entire government loan has been repaid.  The money-hungry execs who got our economy into this mess do not deserve a bonus.  Period.

Our government leaders?  Either regulate the bonus mess before they’re given our money disguised as a bailout or let them fail.  Period!