AIG executive resignation letter - must reading for every American.

Every American should read this resignation letter from one of the AIG officers receiving the famous retention bonuses.

This country is in serious trouble. Too many partisan politicians seek only immediate political advantage from taking simplistic, emotional positions that get the attention of the media regardless of their effect on the economy or the country in the long run.

When word of the retention bonuses got out, politicians tripped over themselves trying to get in front of cameras to attack the bonuses, their recipients, AIG and anyone who had anything to do with the bonuses. Their merit in the scheme of things mattered not in the slightest. The particular circumstances of the actual recipients of the bonuses mattered not at all.

This would create enough problems if it were the only case of such demagogic conduct. Unfortunately, it only exemplifies the normal conduct of the American political class today.