Glenn Beck Comes Out in Favor of Paying AIG Executive Bonuses [View All]

[kpete]

Glenn Beck Comes Out in Favor of Paying AIG Executive Bonuses
By: Blue Texan Tuesday March 17, 2009 10:30 am


The Populist Champion of the Everyman is sticking up for those downtrodden, forgotten millionaires at AIG.

DAILY BEAST: How angry does it make you that AIG is using our money to pay $165 million in bonuses to their ill-begotten executives?

BECK: It makes me insane because George Bush shouldn’t have given that money to AIG in the first place. Now we have to care about what their contracts with their people say. Now I’m mad at George Bush and Barney Frank and Chris Dodd making this deal. But I can’t believe that Barack Obama wants to break the contract. What are you talking about? You’ve got a contract. Now if that’s what the government is going to do, saying that they have the right to terminate contracts, well, you’ve got to shut the pie hole on it. It’s one or the other. You can’t just start breaking contracts. If you want to do that, that’s why you let businesses fail.

DB: It’s not our contract with AIG, the people’s contract with AIG. It’s AIG’s contracts with its executives.

BECK: They made those deals with their employees. How could you possibly back out of the AIG contract because it’s popular? It’s a legal contract.

http://www.thedailybeast.com/blogs-and-stories/2009-03-17/glenn-beck-on-why-hes-no-rush-limbaugh/4/
http://firedoglake.com/2009/03/17/glenn-beck-comes-out-in-favor-of-paying-aig-executive-bonuses/