When AIG took more than $170 billion in bailout money from the Federal Reserve, it insisted it was so poor that only emergency funding of public money could save it. That was before AIG revealed it was “contractually obliged” to pay $165 million in bonuses to its executives. Which executives, exactly? The ones who lost all the money in the first place!
But this article isn’t about the facts surrounding the AIG bailout and its subsequent payout of $165 million in bonuses to incompetent executives. This is about something far more serious: The growing discontent among taxpayers who are inching ever closer towards a popular revolt.
Yes, there is a limit to how much even the mainstream public will put up with. And the only reason they aren’t marching in the streets right now is because all this bailout money hasn’t hit them in their own pocketbooks… yet. But once the hyperinflation of the U.S. dollar begins (which is now inevitable), and the public starts to connect the dots between their own financial losses and the bailout bonus money paid to rich executives, they are going to be utterly outraged at the magnitude and arrogance of the financial theft that took place right in front of them.
AIG Bonuses Add To Potential For Public Revolt Against Wall Street, Federal Reserve
The bonus payout excesses at AIG are just the tip of the iceberg of what is happening with the other Wall Street bailouts including Bank of America. Working productive Americans are bailing out the same crooks that destroyed our economy along with 45% of the wealth in the world and now the American taxpayers and our children will be forced to live a far lower standard of living with reduced prosperity and opportunities due to this but only we pay the price.
Washington has bailed out the banks, Wall Street & their Washington special interests and much of the cost is added to the national debt to by paid by this and future generations while real estate and investments continue to fall. Find out what a growing repudiate the debt movement could mean for treasuries, the dollar, gold and the stock market and how this is a better alternative than Washington’s plans to monetize the debt in future years and tax and destroy our remaining wealth by depreciating the dollar.
The Campaign to Cancel the Washington National Debt By 12/21/2012 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group.php?gid=67594690498&ref=ts