Detroit Free Press columnist Susan Tompor pulls a reverse Marie Antoinette, for the win:
So let's get this straight, the only bonus most of us now get at the end of the day is a hug from a loved one. And guess what? We feel extremely blessed to get it.
But no hugs for the AIG executives. Let 'em hug their money.
There are no epic take-downs, or anything much that hasn't already been said, but I think "Let 'em hug their money" could have legs. She also brings up a good point about the toothlessness of applying the terms "distasteful" and "inappropriate" to these bonuses:
On Wednesday, AIG Chairman Edward Liddy tried to make peace and acknowledged that some of his company's compensation payments were "distasteful."
President Barack Obama shot back a good one by saying the payments were "inappropriate."
"Distasteful" and "inappropriate" would be shopping with your girlfriends and bragging about a binge in Tiffany when you know that one in the bunch cannot pay her car note.
And, the point:
Oh, come on. Please, enough of this madness.
I don't care what kind of contracts you had. AIG broke its contract -- the unwritten social contract that a business must act responsibly in order for capitalism to survive.
So, I agree, let 'em hug their money. And, if the eternal economic winter chill really starts to bite at these executives, and let's be clear, this would be long after its decimated us serfs, perhaps they can afford to burn a few million in their room-length fireplaces to keep them warm.
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