Law Makers Say One Thing and Allow U.S. Treasurer to Do Another

Law Makers told AIG in front of TV cameras on Tuesday that their behavior was despicable after a bailout of $85 billion dollars because AIG executives spent $440,000 on a retreat which included spa treatment, banquets and golf outings. Yet today Treasurer Paulson and the Federal Reserve Bank hand those same individuals $37.8 billion more in bailout money.

My parents taught me one simple fact when it comes to money which is never reward someone for bad behavior. Senator Clinton said it best when she told a group that we need adults in control of our government. What does it say to those executives or the American voting public when they are rewarded for this type of bad behavior?

Henry Paulson Jr. needs to step down and be replaced by someone who can take control back from the Wall Streets Executives before we have a total meltdown of our economy. Clearly Mr. Paulson does not get that you cannot reward Wall Street Executives for public bad behavior. The America people are demanding answers on who will be held accountable for this economic mess and when will this happen. How can the America voting public not be angry with this type of behavior on our behalf with our taxpayer dollars? Where is the oversight that will prevent another $440,000 or higher costing retreat for AIG executives? These executives don’t get the reality of their position.