I'm pretty much tired of hearing about this so I thought I'd have the last word.
The company I work for has been hit by the economy and they cut my salary, withheld all bonus payouts and our German owners fired the North American CEO. We didn't get any government help.
Working at an executive level at a place like AIG is like winning the lottery. You're going to make big money. It's like you have a high paying job at a company that is so important that the government will prop it up and keep it from failing. The US Federal Government will collapse moments before AIG collapses. We don't get mad at people that win the lottery. We should not get mad at AIG executives either. It is so ridiculous that it is starting to sound like insane jealousy.
If you were lucky enough to know someone that knew someone that could get you employed at AIG and then you were offered tomorrow a $10 million bonus, would you turn it down? Of course not. So quit being jealous. Stopping the bonuses isn't going to solve anything anyway.
If you really want to solve something you'll quit voting for the same damn politicians every election cycle. I saw a show with Bob Dole the other day and they were commenting on the fact that he's been an important part of American politics for the last 50 years. Vote the bastard out already (well he's retired, but still involved). The government now controls 80% of AIG. Vote the bastards out already.
Every election cycle you are offered the choice of two evils. One is the evil democrat and the other is the evil republican. There are other people running, but you don't take the time to look. Then, when things go badly, you just sit around and whine. I don't know how many times I've heard, "Well, there's no one worth voting for." That should be phrased differently, "There's no one worth voting for that has not been spoon fed to me with little kid gloves by the media and by the rich and powerful."
I wonder how much money the executives at AIG donated to the presidential campaigns.