Your point regarding bankruptcy is well taken. However, AIG was not allowed to die... It lives on under new majority ownership. That new ownership has not moved to amend anything of significance, generally, and so AIG should honor its agreements. There were no ‘strings’ attached to the bailout monies, which should never have been approved in the first place, IMO.
The outrage being voiced across a wide spectrum of the nation is ill placed, as far as I’m concerned. We should be marching on Washington to remove the legislative idiots who appropriated OUR money for the bailout shenanigans in the first place.
We should be doing both. Just because the government gives away my hard earned money doesn’t mean I’m going to roll over and expose my jugular. Rush is wrong and everyone else who supports, gave away, authorized, and allows the bonuses to happen. It just like giving congress a pay raise when the budget is in deficit.