“There’s a clear distinction between the two” Peter Spencer SSA Spokesperson explained. “They (the AIG Corporation) received specific bailout funds, we did not…”
Posted by Tina
Our government and citizenry experienced a major meltdown when bailed out AIG spent $440,000. in the midst of the financial mess sending employees on lavish exotic resort get aways. Now in the midst of our failing and flailing economic troubles, the SSA is indulging in a perk at the Biltmore in Arizona for new employees that smacks of reckless disregard for America’s recovery and health, not to mention irresponsible fiduciary oversight…a smack in the face to the taxpayer:
“The $750,000 Government-Employee Pampering Scandal,” by Austin Hill – Townhall.com
** How quickly can 700 government employees spend three-quarters of a million taxpayer dollars at a resort hotel? *** Last week the Social Security Administration flew approximately 700 of its managers from across the U.S. and Guam to Phoenix, Arizona’s posh Arizona Biltmore Hotel and Resort, for “organizational training.” The event, which included musical entertainment and dancing, skits, catered food, cocktails, and a “casino night” featuring “door prizes,” cost us lowly taxpayers approximately $750,000. **
While you’re chewing on that keep in mind the following about Social Security and our government’s legislative plans…per Mr. Hill:
A. Is headed for insolvency for over a decade.
B. Is estimated to waste hundreds of millions of taxpayer dollars each year in faulty “overpayments.”
C. The United States Federal deficit is rapidly approaching $1 trillion (last month it surpassed $991 billion).
D. The Congress and our President spent $787 billion (dollars that haven’t been collected yet – remember, the government is in “red ink,” and politicians are spending money that they don’t yet possess) back in February to “stimulate” the economy, and now, with the economy continuing to sag, are contemplating another “stimulus package.”
E. The President and Congress are pushing for a program that will similarly become a red ink program.
F. President Obama insisted last week that his stimulus plan “has worked as intended,” and is now considering a ‘financial bailout” plan for America’s privately owned small businesses.
Peter Spencer, you and your coworkers and associates make your living on the backs of the American taxpayer. You owe it to the taxpayer to run a tight ship. If perks and profits are things you can’t live without then get thee to the private sector!