Friday, March 20, 2009

What can $165 million buy?

The $165 million in bonuses (oops .. $218 million) handed out to AIG executives is equivalent to more than twice what the entire State of Maine received in 2008 for elderly and low income heating assistance. In 2008, Congress appropriated $79 million to the State of Maine to keep elderly and low income people from freezing in the winter due to $2.50/gallon heating oil prices.

Think about this when someone tells you that $165 million is just a 'drop in the bucket' or is just a 'grain of sand on the beach' and you shouldn't worry your pretty little empty head about it.

$165 million is an enormous amount of money.

It could and should do an enormous amount of good.

But sorry, the AIG millionaires need it more than you.

And they got dibs.

Suck on that, Madawaska.

1 comment:

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