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Saturday, March 14, 2009

Feeding at the Bottomless Trough

Feeding at the Bottomless Trough

by Sharon Smith / March 13th, 2009 (1)

The federal bailout of insurance giant American International Group (AIG) swelled to $170 billion in early March after a third infusion of taxpayer dollars. Yet even as the final details were being ironed out on February 28th, AIG filed a lawsuit against the government, claiming the IRS owes it $306 million in previous overpayments on taxes, interest and penalties. “AIG is taking this action to ensure that it is not required to pay more than its fair share of taxes,” a company spokeswoman explained to the Wall Street Journal without a hint of irony.

AIG’s stunning lack of gratitude toward its …
(Full article …)
http://www.dissidentvoice.org/2009/03/feeding-at-the-bottomless-trough/

1 comment:

Ju said...

This is sick. Why in the world are we helping these companies that keep sending millions to people who do not know how to run a company? They cry yet get paid millions on the "average joes" taxes. Furthermore, I fear this is just the tip of the iceberg. Look what Enterprise rent-a-car did to get bailout funds:

http://www.butasforme.com/2009/02/25/alert-enterprise-rent-a-car-may-have-fired-employees-as-fake-evidence-when-lobbing-for-bailout-money/