Geithner, Bernake On The Hill This Morning Talking AIG, Our Nation's Cash

How do you legislate so that we control how a giant company pays it's people?

I'm listening right now to Secretary Geithner speaking to the House Committee about what went down with AIG, the insurance giant which was effectively nationalized under United States authority. Millions in taxpayer money was handed to AIG execs in the form of bonuses for the stupendous job they have done for all of us.

He's facing scrutiny on Capitol Hill on the fiasco, and being grilled on the lack of oversight with which millions of dollars were funneled to execs and other wasteful spending activity. It's a tough legal battle for sure, don't you think?

I think you have to call it like you see it, to begin with.

The government owns AIG by a majority. And by government, I mean us since taxpayers are the people government serves. We are so afraid of this socialism monster, we neglect what's actually happened. We own AIG. If we want to control compensation we have to make peace with the fact that this government has voted ownership into out hands.

Then we need to get values straight on how we take on cases like this. We do that through discussion and agreements. Citizen groups need to organize and work with government officials on these issues. That's just this American's opinion.

But isn't it a little harder to do all that under the pressure of recession, job loss, and credit crunches? Dont you notice that the front men on TV with solutions are people who are not in so much money trouble?

I hope I can shed light as we go foward about the nature of the money we use and how it leads to the shaping of our lives ... for instance, our participation in this government.