AIG Scandal!!!
Americans outraged over the American International Group (AIG) bonus scandal thats sweeping the country in a fog of anger. March 10 was the offical date that the whole country found out that AIG excutives are getting $165 million dollars of taxpayer money as bonuses. Right now American leaders are starting to question Secretary Treasurer Tim Geithner if he can really handle the position. Congress did an investagation in Geithners position and discovered that Tim Geithner actually new about this a week ahead and didn't do anything to stop it. Democrats and Republicans also found out that AIG secretly sent $40 billion dollars of taxpayer money to bail out European banks.
CEO and Chairman Edward Liddy says he had no idea about this bonus scandal. Later on Congress found out these bonuses were put into an amendent called the Dod amendment that protects the policies of AIG bonuses. Barack Obama annouced that he is going to tax 90% of the bonuses that were given out, but some people say that this is unconstitutional because Obama is breaking an amendent and is violating the U.S Constitution. Also, many congress men and women are calling for Tim Geithner to be fired, but so far Obama still stands by Tim Geithner and his position as Secretary Treasurer of the U.S. Government.
Do you think Tim Geithner should be fired? Is taxing the bonuses unconstitutional?
I got this information at ://www.hannity.com/