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government bails out aig

Discussion in 'Sports and News' started by jps, Sep 16, 2008.

  1. jps

    jps Active Member

    I know it got mentioned as possibly happening in the financial thread, but thought it deserved it's own.

    I'm torn on this ... but leaning more toward the fact that we need to draw a line somewhere. the government can't simply bail out all of these companies over and over.

  2. Football_Bat

    Football_Bat Well-Known Member

    A bit like sticking a finger in the Industrial Canal levee, I'm afraid.
  3. KP

    KP Active Member

    If AIG gets $85 billion, can I get 500k?
  4. Starman

    Starman Well-Known Member

    Welfare for lazy unemployed negros: BAD

    Welfare for billion-dollar corporations: GOOD [/reagan_cheney_bush_mccain]
  5. DanOregon

    DanOregon Well-Known Member

    Brings new meaning to welfare queens driving Cadillacs. And still the Wall Street defenders are arguing against increased regulation and oversight.
  6. Inky_Wretch

    Inky_Wretch Well-Known Member

    If the USA owns 80 percent of AIG, does that mean we can slap an American flag on the front of Manchester United's jersey?
  7. slappy4428

    slappy4428 Active Member

    You'd like to think so...
  8. Hammer Pants

    Hammer Pants Active Member

    And call them a soccer club.
  9. Boom_70

    Boom_70 Well-Known Member

    I'm calling for a T- time at the AIG golf course where they only let 10 foursomes out a day.
  10. crimsonace

    crimsonace Active Member

    Given I have my 403b (the public-employee version of a 401k) with AIG, I've been a bit worried.

    But every time the government bails out a failing private-sector business, the country loses. Capitalism is based on risk. The market has changed, and companies like Lehman Brothers, Bear Stearns, Fannie Mae & AIG haven't changed with it (well, that, and the government trying to push "affordable housing" led to subprime loans which led to the current mess).
  11. goalmouth

    goalmouth Well-Known Member

    Another brilliant move by the party for smaller government.
  12. buckweaver

    buckweaver Active Member

    Your Republican Party at work, folks.

    Stop. The. Bailouts.
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