AIG: An Unfortunate Scapegoat

From yaliberty.org

The media cycle these past few days has been a massive distraction from the much greater problem — the $11.6 trillion in bailouts the US government has committed in the past year.

When you do the math, $218 million is 1 / 53,000th of the total money committed in the bailouts. The bonuses are .000019% of the total cost. What about the other 99.99998%?!!

AIG could give out the same bonuses every day for the next 145 years and still not reach the total amount of money the US government has given away in one year.

....There were 138 million taxpayers in 2007. If these bailouts were distributed equally to every taxpayer in 2007, we would all receive a $84,000 check.