Wednesday, March 25, 2009


There is always another side to the story.

This a letter of resignation from a man who worked for AIG. One of the men who received the bonuses that we have heard so much about. He had agreed to work for a $1 a year, but was promised a bonus contractually. He had nothing to do with the failure of AIG, but is one of those being asked (and possibly taxed 90% by Congress) to give back his bonus. Please read the link to get his full story, it is very interesting.

He is quitting and who could blame him? He has decided that instead of giving back his bonus (which in reality was his salary for the year), he will give it to charity. Why? "This is not a tax-deduction gimmick; I simply believe that I at least deserve to dictate how my earnings are spent, and do not want to see them disappear back into the obscurity of A.I.G.’s or the federal government’s budget. Our earnings have caused such a distraction for so many from the more pressing issues our country faces, and I would like to see my share of it benefit those truly in need."

What has happened here with this whole AIG bonus mess is pure class warfare. When you read through this man's letter you see that he has worked hard for his success. His background and experience was desperately needed at this company and at this time to prevent a disaster that would affect us all.

And what did we do? What did our govt do? We bought a spin of class warfare. We allowed and even encouraged punishment for a small group of people for nothing more than earning their living.

Despicable. We should all be ashamed of ourselves.