Sunday, March 15, 2009
Aig set to pay out 450 million in bonuses
Even as it is apparent that AIG's failure was because of mismanagement, executives and other employees are set to receive about 450 million in bonuses. This is outrageous considering AIG is bankrupt and those receiving the bonuses are getting them directly from out tax dollars. The government needs to step in here and prevent the people who's actions led to this company's downfall from getting massive bonuses. The latest payment of the 450 million is $160 million dollars. Although Obama's plan already limited future payments, the current ones need to be stopped as well. Although contracts would have to be broken, this is one situation where it would be wise to bend the rules.
Sunday, March 1, 2009
Iran has enough nuclear material for a bomb
The top U.S. military official ,Adm. Mike Mullen, has stated that based on current reports , Iran has enough enriched Uranium to make a bomb. Iran is a radical country with a very crazy leader. Iran's president ,Ahmadinejad,has said on multiple occasions that Israel should be wiped off the face of the earth. This leads to worrying thoughts. Should Iran actually make a nuclear bomb, they would start to use it for leverage in world politics. At this point it is necessary for the U.S. government to intervene.
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