American International Group (Photo credit: Wikipedia)
Yes, you correctly read the title. AIG, one of the many companies we (U.S. taxpayers) bailed out, is considering suing the U.S. Government. The news of a potential lawsuit has been on the news all day today. Americans are pissed off at the mere suggestion. The company incredulously had just released an ad where it thanked us for bailing them out. They pointed out that AIG had in fact paid back the loan.
The company claims that it may be in the AIG shareholder’s best interest to sue the U.S. government because of alleged high interest charges. They feel they have a duty to do what is in their best interest.
When I first learned of the news this morning and after reading a fellow blogger’s take on the matter I instantly seethed at the mere prospect that this ungrateful company would sue their savior. The ridiculousness of their charges is certainly laughable.
First of all, AIG should be unwavering in its gratitude. If it wasn’t for us there wouldn’t be an AIG company right now. We saved them. Maybe they forgot that. I guess they have amnesia, especially after recently releasing their Thank-you video. On the one hand they thank us. On the other they propose to sue us. What kind of crap is that?
You know you’ve proposed something stupid when I must agree with Senator Elizabeth Warren in stating the lawsuit is outrageous.
AIG states that we somehow gauged them on the deal. Well you know what, I don’t really care. They had a choice. They may have been pressured to take the deal, but they certainly had a choice.
They chose to accept our lifeline.
They agreed to a deal.
End of story. Now they want us to bail them out on their bailout. C’mon seriously?!
Imagine if I were to slap my loan companies with a lawsuit claiming they are gauging me in interest charges. I signed on the dotted line. I took the responsibility. Taking responsibility for ones promises and deals seems to be in severe lack nowadays.
