After a long tug of war over whether or not to pass the large bailout sum, AIG and others finally received the answer to their prayers, and the curse of many whom worried about future taxes. But the first check to be written from the sum was spent by none other than the AIG execs for a vacation of all things, to the tune of $400,000.

Every year or so, after a stressful year of work, school, or both, I’m sure we all take a nice trip to “get away” and relieve ourselves. But as if $400,000 spread fairly thick isn’t bad enough, the next few generations of Americans will be paying taxes on that money for decades to come, and a portion of it being spent for a few vacations is not going to sit well with those with or against the original bill.

On the one hand, the execs have had a hard run with the recent economic developments in the past months and perhaps needed a break to relieve themselves of stress like everyone else does, since after all they are humans just as you and I. But when the money spent for that vacation is debt, paid for by the pockets of every American to help not only our economy, but the world economy by bailing a few businesses out, it becomes an entirely different issue, aggravated by the fact that these unnamed execs are very high paid people.

Basically, every American for years to come will be filing taxes to pay for a graduated loan that was partly spent so a few high-paid businessmen could take a break from work. I’m not saying that they should work without any breaks, but as high paid as an AIG executive is, they should be able to afford a vacation out their own pocket without digging into an emergency fund designed to help the economy. Personally, I’ve taken trips out to the mountains for just the cost of gas, a few days off work, food, water, and maybe a tent, camping supplies and the campground, and that accomplishes the same goal a pampered spa or beach house would (or whatever you do with around 60-100 grand for just one vacation).

The getaway was organized by AIG subsidiaries, and was planned well in advance, including many activities and the like. The getaway itself was at St. Regis Monarch Beach resort in Dana Point, Calif. and the hotel bill can be viewed here.

According to the receipt, the eight-day company retreat was a lavish one — $139,000 was spent on hotel rooms, while even more money — $147,301 — was spent on banquets. Another $23,380 was spent on undisclosed spa treatments and another $6,939 was spent on golf. A full $9,980 was spent on room service and food and cocktails at the hotel lounge.

AIG issued a statement saying that “This type of gathering is standard practice in the industry and was planned a year advance of the Federal Reserve’s loan to AIG. We recognize, however, that even activities that have long been considered standard practice may be perceived negatively. As a result, we are reevaluating various aspects of our operations in light of the new times in which we operate.”

So when the bailout’s effect comes into question in the future, or when somebody asks why taxes aren’t being lowered, a few pampered vacations are part of the answer, contributing to one of the world’s overall problems because of a few people practically pocketing an emergency loan.