wf3h wrote:
On Mar 21, 3:24 pm, BAR wrote:
thunder wrote:
On Sat, 21 Mar 2009 10:44:54 -0400, BAR wrote:
Are you more concerned with punishing individuals who work at AIG or are
you more concerned with AIG becoming a healthy private enterprise again?
I think AIG is done. I think it's on government life support until they
can safely pull the plug. It was "too big to fail", it failed. Do you
really want to see that monster on the loose again? Break it up, and
sell the parts. Let them start over.
We, the US tax payers could have saved 150 billion dollars if we had let
AIG go into bankruptcy last fall. But, Geithner and Paulson stepped and
and put forth the view that AIG was too big to save. Barney Frank and
Chris Dodd had to earn the political contributions they received from AIG..

uh...no. the first AIG bailout happened under president bush and
treasury secretary paulson. and john mccain was the 3rd greatest
recipient of money from AIG.

You haven't been paying attention have you. I have always said McCain is
an idiot. I seriously doubt that McCain's mother voted for him for
President.

get your facts straight. the fact is, deregulation helped AIG get so
big that, if it failed, it would have destroyed the financial system
of the US.

Blame Congress, they are the ones who wrote the legislation that enabled
AIG to become as big as it did. When you let a company get into two many
different areas of financial products you get these behemoth monsters.

The free market folks, like me, wanted to clear a path for AIG and the
to the nearest bankruptcy court.

and since there is NO free market in the US, your grimm's fairy tale
view of the economy is touching. your mother read you milton friedman
at bedtime?


You want the same bureaucrats in DC who buy $600 hammers and $1000
toilets to run the economy?