Seriously?

Clicking here will sign your name: "Bailed-out companies shouldn't be allowed to waste money on bonuses until they've paid back their debt in full." Sign the petition

Dear MoveOn member,

Yesterday news broke that AIG—the bailed-out insurance giant—will give out another $100 million in bonuses.¹ Seriously?

These are the people who wrecked our economy. And AIG still owes taxpayers $182 billion.

Their priority should be paying us back—not giving out obscene bonuses.

But unless Congress acts—by blocking bonuses at bailed-out banks or imposing heavy taxes on them—they'll keep wasting our money. Can you sign our petition telling them that serious action to rein in bonuses is long overdue? Clicking below will add your name.

http://pol.moveon.org/aigagain/o.pl?id=18846-10220574-r2qBQSx&t=3

The petition says: "Bailed-out companies shouldn't be allowed to waste money on bonuses until they've paid back their debt in full."

Bankers in other countries have already gotten the message that their behavior is unacceptable. England and France have imposed heavy surtaxes on outrageous banker bonuses.²

But the banks still hold enormous power in Washington—as Sen. Dick Durbin put it, "They frankly own the place."³ And they're using all of their lobbying clout to oppose any attempts to rein in their bonuses.⁴

So despite the huge outcry over the last round of AIG bonuses, Congress still hasn't done anything to stop Wall Street from giving out huge bonuses. AIG's bonus plan is unacceptable. Clicking below will add your name to the petition letting Congress know they need to do something to stop it.

http://pol.moveon.org/aigagain/o.pl?id=18846-10220574-r2qBQSx&t=4

Thanks for all you do.

–Daniel, Carrie, Kat, Wes, and the rest of the team

Sources:

1. "AIG plans to pay $100 million in another round of bonuses," The Washington Post, February 3, 2010
http://www.moveon.org/r?r=86394&id=18846-10220574-r2qBQSx&t=5

2. "France joins UK to target traders in bonus tax move," Reuters, December 16, 2009
http://www.moveon.org/r?r=86395&id=18846-10220574-r2qBQSx&t=6

3. "Dick Durbin: Banks 'Frankly Own The Place'," The Huffington Post, April 29, 2009
http://www.moveon.org/r?r=51421&id=18846-10220574-r2qBQSx&t=7

4."Wall Street's fingerprints evident on financial reform bill," The Christian Science Monitor, December 22, 2009
http://www.moveon.org/r?r=86389&id=18846-10220574-r2qBQSx&t=8

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PAID FOR BY MOVEON.ORG POLITICAL ACTION, http://pol.moveon.org/. Not authorized by any candidate or candidate's committee. This email was sent to eddie alfaro on February 5, 2010. To change your email address or update your contact info, click here. To remove yourself from this list, click here.