So, for the past couple days, I'm sure you all have heard about the big bad AIG and how they are giving these enormous bonuses and all this bailout money. Well I definitely have. It has been on CNN for at least 70% of a 24 hour day for the past week (by my calculations). Now, of course this is supposed to be news, but is it Public Relations?
I say this because All of this outrage over bonuses was basically created by cable news media. They told us that we should be upset about this, according to the highest estimates 212 million dollars, but not upset about the 120 BILLION+ the company has already received and the billions more they are scheduled to receive soon. If that's not PR, I don't know what is. My question to you is, why demonize AIG for this fraction of the money that is somehow going into the wrong hands, as if the other 99+ percent of the bailout money has been used in the "right" way by the company?
Mandla Deskins
What NOT to do: Lesson 18... Mix Politics with Sports
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From what I understand, the first money received was for bailout (to help the company correct whatever it was going through). The money was abused and used irresponsibly (which should still cause outrage). I think the reason the news is making such a big deal this time around is because things aren't getting noticeably better, if they're getting better at all. So in a time when people are still losing jobs, these execs are receiving bonuses. For what? I think that's the big point, this is bonus money. We're in a recession, there are people who can't get regular pay check money, let alone a bonus.
ReplyDeleteI can't believe that this kind of activity is taking place. Well, no... scratch that. I totally believe that this kind of activity is taking place. People are losing jobs and homes, families are being broken, and people are going hungry. These multi-billion dollar companies are giving their execs bonuses. It's ridiculous and a clear example of the some of the corrupt behavior that has led to the economic downturn of this country.
ReplyDelete--Porsche