This is so atypical of American administration; in trying to solve one problem, create another. Now they probably have to pool in more resources to debate whether or not to give future bailout (hence slowing down the stimulus plan and recovery from recession) and whether of not AIG bonuses handout is essential to prevent talent drain.
First off, we are in a recession; everywhere is taking cost-cutting measures, mid-management lay-off and HIRE FREEZE (so talent drain is the least of worries). So AIG’s stance, if there is any, stands on thin ice and my take is the bonus is to cover the top AIG folks’ asses to maintain their current lifestyles.
Second, good intention of Obama’s adminstration can be taken for granted by the bureaucratic MNCs whose ultimate aim is profit making viz-a-viz government concern to maintain low unemployment rate during this period of loom and gloom.
So, will it be an American Dream or American Greed when taxpayers’ money is involved? God bless America and its spirit of capitalism. If there is any.
No comments:
Post a Comment