Hail Obama

obamaThe sincerity of US President Obama to bail-out the US economy is truly unprecedented. I admire him for his courage to have the executives of AIG investigated for getting a hefty bonus after a US$170B bail-out using tax-payers money.

The reasoning of the CEO that AIG is bounded by law to provide the bonuses is rubbish. The AIG executives should be punished not rewarded for mishandling the company. These executives should open their eyes that at this time of world economic crisis where companies are crumbling, having an extra pay for mismanagement is greed and stupidity.

Hail Obama!

About the Author

Ver Pangonilo
A Filipino Engineer, Registered Professional Engineer of Queensland (RPEQ) - Australia and Professional Electrical Engineer (PEE) - Philippines with extensive experience in concept select, front-end engineering, HV & LV detail design, construction and commissioning of Hazardous and Non-Hazardous Area electrical installations in water and waste water pipeline and pumping facilities, offshore platforms, hydrocarbon process plants and pipelines including related facilities. Hazardous area classification and design certification (UEENEEM015B, UEENEEM016B, UEENEEM017B).
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