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Corporate Whores

AIG handing out millions of dollars in bonuses from what amounts to taxpayer money is so outrageous, it’s hard to put in to words. As pointed out by Glen Greenwald, if union contracts can be arbitrarily broken as part of an economic bailout then there’s absolutely no reason why any “contracts” to pay out these bonuses can not also be broken. One of the big question marks about Obama in the Presidential campaign was to what degree he would be as beholden to corporate interests as the Bush administration was. Now is the time for him to step up to the plate and prove that he indeed is not just another corporate whore in the White House.