Stop the AIG Plunder

Stop the AIG Plunder

The people in AIG’s financial products division are as responsible as anyone for the severity of our economic meltdown. And yet, they’re currently receiving $450 million in bonuses. This travesty has unleashed a tidal wave of public outrage and forced President Obama to vow to “pursue every legal avenue to block these bonuses.”

Keeping up the pressure MoveOn.org is collecting names on a petition which the group will deliver to Congress in advance of tomorrow’s House subcommittee hearing with AIG executives. Add your name today.

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The people in AIG’s financial products division are as responsible as anyone for the severity of our economic meltdown. And yet, they’re currently receiving $450 million in bonuses. This travesty has unleashed a tidal wave of public outrage and forced President Obama to vow to “pursue every legal avenue to block these bonuses.”

Keeping up the pressure MoveOn.org is collecting names on a petition which the group will deliver to Congress in advance of tomorrow’s House subcommittee hearing with AIG executives. Add your name today.

We cannot back down

We now confront a second Trump presidency.

There’s not a moment to lose. We must harness our fears, our grief, and yes, our anger, to resist the dangerous policies Donald Trump will unleash on our country. We rededicate ourselves to our role as journalists and writers of principle and conscience.

Today, we also steel ourselves for the fight ahead. It will demand a fearless spirit, an informed mind, wise analysis, and humane resistance. We face the enactment of Project 2025, a far-right supreme court, political authoritarianism, increasing inequality and record homelessness, a looming climate crisis, and conflicts abroad. The Nation will expose and propose, nurture investigative reporting, and stand together as a community to keep hope and possibility alive. The Nation’s work will continue—as it has in good and not-so-good times—to develop alternative ideas and visions, to deepen our mission of truth-telling and deep reporting, and to further solidarity in a nation divided.

Armed with a remarkable 160 years of bold, independent journalism, our mandate today remains the same as when abolitionists first founded The Nation—to uphold the principles of democracy and freedom, serve as a beacon through the darkest days of resistance, and to envision and struggle for a brighter future.

The day is dark, the forces arrayed are tenacious, but as the late Nation editorial board member Toni Morrison wrote “No! This is precisely the time when artists go to work. There is no time for despair, no place for self-pity, no need for silence, no room for fear. We speak, we write, we do language. That is how civilizations heal.”

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Onwards,

Katrina vanden Heuvel
Editorial Director and Publisher, The Nation

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