A.I.G. (Aint I Greedy??) Executives Getting their Due

That is my new name for this corporation (Web site: http://www.aigcorporate.com/corpsite/)

and for their executives.

I have said this before and I will say it again. All these companies (and thus people) taking advantage of this bailout while continuing to take "over the top bonuses", still being overpaid, still flying corporate jets, and I am sure most still driving their BMW's and Mercedees Benz Automobiles.....

Well today, the public has spoke and hopefully has been heard when Congress decided to tax what ends up being (with state and local taxes included) the entire amount of the bonuses that the AIG Executives and other employees were given "under contract".

Contract-Shontract.....I do not care what they were promised (and neither do most of the other americans who expressed outrage) and I am glad that our representitives that we sent to Washington (most at least) agree and acted upon this matter.

I have hope again that maybe we can clean up this mess that we are in, mainly because of companies like AIG and others like it (pretty much the whole financial industry).

WE WILL NOT TOLERATE THIS KIND OF CRAP! BE WARNED!!!

And if you feel like voicing your opinion to the AIG folks themselves, here is a name and an address to do so:

Joe Norton Director,

Public Relations

American International Group, Inc. (AIG)70 Pine StreetNew York, NY 10270

212-770-3144

Read on for the whole story

JSOnline.com AP News

Deflation??

I do not ever recall hearing that word while studying economics in school. And if the word was covered, I guess I did not pay enough attention.

But in seeing what is going on with the economy in the country right now, the following article explains the word and what it means.

I would say that we ARE in the beginning of a great recession (depression), the likes of what have not been seen since the 1930s.

It has affected me personally as I recently got laid off from a job that I held for 10 years. I am now thick in the search of looking for a new job and let me tell you that things are not easy at all. Some people are looking but many are not and quite a few people are letting their employees go for lack of business.

I sure hope our new government coming into office this coming Jan. can figure out a way to reverse this downward slide and help to boost our economy and all that it entails into a forward movement.

Read on for more on deflation:

Chilling economic omens - JSOnline