Okay, I have heard enough about AIG to make me ill and sick to my stomach. I am fully on board with people who believe these executives that did such a good job the company needed a $170 billion dollar bailout from the U.S. Government, do not deserve pay, much less bonuses; they need to be fired. However, after hearing about it for so long, and realizing that, as usual, the rich will win and the poor will lose, I am through listening. The inequity of our society that has been widened greatly in the past 28 years, since Reagan started the current war on the middle class, is truly disgusting. But here is the question: why do big banks and insurance companies get $170 billion in taxpayer money and the little guy who is losing his house, gets nothing? How many lives could be fixed and saved from financial ruin or maybe even homelessness by that same $170 billion? Let's just say we took that money and gave everyone who lost their job and have a mortgage, $10 thousand dollars. That would pay a $1500 mortgage for a year for up to 170 million people. It would most likely get the economy moving again. I am no economist, so I seriously doubt that my figures are correct, or that it would make as much difference as I think, but imagine what it would do for the moral of the people.
It's time to bring back the 91 percent tax on earnings of more than 3.5 million dollars. This amount of money is more than enough to live on extremely comfortably for anyone. I don't think someone who scrapes by their entire life and is able to buy a piece of property, then sell it for 5 million dollars should be taxed at this rate, only the people who earn this amount of money on an ongoing basis. With the money that has been stolen from the middle class over the past 28 years, we could probably end the national debt, or at least put a major dent in it. This idea of the rich getting more and more rich and the poor barely able to survive is an idea that needs to be forsaken forever!