The ink isn’t even dry on the bail-out papers to AIG and already they are partying it away. While ordinary American citizens scrape to hold on to their savings, roofs over their heads, and food on the table, their tax money is being greedily wasted on hotels, massages, and facials. The elitist rich have fought against a redistribution of wealth for over 100 years, but it is now taking place. Now there is a new take on this, instead of redistribution coming from the top to the bottom of the economic scale the redistribution is coming from the bottom out of taxpayer’s pockets and being distributed to the rich at the top. It’s going to the same overpaid, under taxed; bonus protected captains of industry responsible for this economic crisis and sinking ship. We, The People are being taken to the cleaners. When will we say enough is enough?

In unity,

AIG Execs Massage Away the Stress After 85-billion-dolllar Loan: Lawmakers

AIG executives escaped to a pricey California beach resort to unwind just days after the insurance giant was rescued by an unprecedented 85-billion-dollar US government loan, lawmakers said Tuesday.

"Less than one week after the taxpayers rescued AIG, company executives could be found wining and dining at one of the most exclusive resorts in the nation," Democratic Congressman Henry Waxman told the House Committee on Oversight and Government Reform.

The US Federal Reserve stepped in to save American International Group from imminent collapse on September 16, with a loan that gave the US government a stake of 79.9 percent in the insurance behemoth in the deal.

"Less than one week later, AIG held a week-long retreat for company executives at the exclusive St. Regis resort in Monarch Beach, California," Waxman said.

Invoices showed that AIG paid the Pacific Ocean getaway resort more than 440,000 dollars, Waxman told the committee on its second day of hearings on the Wall Street economic crisis.

The charges included close to 200,000 dollars for rooms -- which cost between 425 and 1,200 dollars per night -- over 150,000 for meals and 23,000 in spa charges, he said.

"Well, average Americans are suffering economically. They're losing their jobs, their homes and their health insurance," Waxman said, "We'll ask whether any of this makes sense."

Without the government loan, analysts had argued that an AIG collapse, fueled by problems with complex derivatives known as credit default swaps, could trigger a wave of failures in the global financial system and deepen the credit crunch.

"AIG spent -- listen to this one -- 23,000 dollars at the hotel spa and another 1,400 dollars at the salon," said Democratic Congressman Elijah Cummings of Maryland.

"They were getting their manicures, their facials, their pedicures and their massages while the American people were footing the bill."

Cummings pointed out that AIG spend 7,000 dollars in green fees at the golf course and 10,000 on bar tabs as he turned his questions on former AIG chief executive officers Robert Willumstad and Martin Sullivan.

"I do find it interesting that Mr. Willumstad knows nothing about it, but this came just a week after -- after you left. Did you know that, Mr. Willumstad?" Cummings asked.

Willumstad answered: "I heard you say that, but I was totally unaware that there was any plan for any conference."