There’s further proof that no good deed goes unpunished…that is, if you consider all those Wall Street bail outs to have been good deeds. After the economic crisis of 2008, the federal government spent $182 billion to keep the insurance giant AIG from collapsing. But now, AIG is considering joining a $25 billion lawsuit by their former CEO’s company against the government. He claims that the feds violated the Constitution by not providing shareholders with fair compensation when they took over 80 percent of AIG. A number of Congress members are outraged by their gall. They say taxpayers are still furious that they rescued a company brought down by its own greed, mismanagement and bonuses, and they’d better not rub salt in that wound by suing their rescuer. As one of the few people who criticized the bailouts at the time, I’d just like to say that I’m glad AIG has finally started believing in Constitutional limits on government -- even if it is about $182 billion late.
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