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View Diary: A business woman's question for AIG. Are you freaking out of your minds? (44 comments)

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  •  Rant on, girl! That was SUPERB! (6+ / 0-)

    I've despised AIG since 2008.  They are the epitome of arrogance, incompetence, and the primo example of corporatist greed run amuck.  Blech!  These people and their ilk cost the State of WI pension fund, the only fully-funded employee pension plan in the U.S., an $8,000,000,000 loss for 2008----which has resulted in my spouse and his fellow retirees taking regular cuts to the pensions since 2009.  And they're not little cuts either----since losses are smoothed over a 5-year period, this year, starting on May 1, he'll be taking a 13% cut.  May the criminals at AIG rot in hell, along with their filthy brethren in the "banking" industry.  

    "A voice is heard in Ramah, weeping and great mourning, Rachel weeping for her children and refusing to be comforted, because they are no more." - from the prophet Jeremiah

    by 3goldens on Wed Jan 09, 2013 at 07:03:24 PM PST

    •  Hi 3goldens! (4+ / 0-)

      Been awhile since we've run into each other here. Really hoping you're doing well and flourishing in this new year. I know that for both of us, 2012 was a challenge.  And now, on to the business at hand.

      Yes, imo, AIG is just one more big giant hulk of a squid sucking America dry, including your spouse and his fellow retirees.  And they are certainly not alone in that when it comes to big business in America today.

      But the subtext of my diary is that AT LEAST if we're going to be at the behest of a giant hulk of a sucking squid, wouldn't it be nice to now that ginormous squid was smart as blue blazes?

      Yeah. But no. My point, as a business woman, is that AIG is NOT a competent business, just because it makes money, which at this point in its history and where this country is at, it does like a slot machine, with no credit unto itself.

      My point is that AIG is a big lumbering giant who has outgrown its brain. And that if you're a person who respects business and what it can be, or if you're a republican who thinks big business is God, you damn well should question the way AIG is being run today.

      Because again, if you can't figure out how to at least mitigate in some way the PR damage coming your way, then what the hell can you do with all you billions?

      "A typical vice of American politics is the avoidance of saying anything real on real issues." Theodore Roosevelt.

      by StellaRay on Wed Jan 09, 2013 at 07:38:56 PM PST

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      •  I understand what you''re saying, Stella, (1+ / 0-)
        Recommended by:
        StellaRay

        but it appears that the reputation of certain businesses (like the Wall Street banks) for integrity or competence or intelligence no longer really matters any longer.  The businesses viewed as the "smartest" as those that make their money by any means available (and by that I mean bending or flat out ignoring the laws that apply to said business are viewed as no big deal).  I think it would be a real challenge to find a single, multi-national corporation today that doesn't bend the laws or flat out violate them.  It appears that integrity is for dumbasses; lying, cheating, stealing, and greed  are what's "in".

        "A voice is heard in Ramah, weeping and great mourning, Rachel weeping for her children and refusing to be comforted, because they are no more." - from the prophet Jeremiah

        by 3goldens on Wed Jan 09, 2013 at 07:50:14 PM PST

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        •  SIGH. I know. (0+ / 0-)

          There's no arguing with what you say.  Still, 3goldens, call me a dreamer, but I really do believe that Americans are starting to take stock.

          I believe the first evidence of that is the last election. Democrats won big victories, despite a still very shaky economy, and that's not supposed to happen.  Just ask all those who paid homage to the famous "it's the economy, stupid!" meme, and all the republicans with humble pie all over their face because they were sure that was true.

          I don't know if we'll ever be able to out run or out fight the oligarchy that has its feet so firmly planted in our very vulnerable democracy.  I just know we have to try, and I know you're with me on that.

          And I also believe in calling out the "gods and goddesses" of our secular capitalism, on their home ground---good business practice--- which is what this diary was about. The idea that you don't have to hate big business, but you do have to call out DUMB big business.

          In any case, and either way, I hope you know what I know.
          Which is that we never arrive at the end of the book in our lifetimes, no solutions that are permanent or a guarantee, for any of us now, or those who came before us.

          Which is why, despite our activism, we still have to, imo, find our joys in life's little luxuries outside of politics---a warm fire on a cold night, a good book, lunch with pals, laughs with our spouses, the hugs from our kids, or licks from our dogs.

           

          "A typical vice of American politics is the avoidance of saying anything real on real issues." Theodore Roosevelt.

          by StellaRay on Wed Jan 09, 2013 at 08:05:01 PM PST

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