"wf3h" wrote in message
...
On Mar 21, 3:51 pm, BAR wrote:
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

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.

well, then, complaining about people who actually are trying to help
the middle class instead of destroying it as republicans have done for
8 years isn't getting you anywhere is it?


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.

and the reason congress did this is that reagan and milton friedman
manufactured the myth of the 'free' market, unregulated, unhampered by
unions, would strengthen the US economy.

it had exactly the opposite effect. the middle class is being
destroyed. the rich got amazingly richer.


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?-

they have been running it for the last 8 years. what planet did you
just come from?

They been running it longer than 8 years. Was under Clinton's watch where
the worst thing happened, and it was Clinton's Sec of treasury that promoted
it. Repeal of Glass-Steagall act. Same Mr. Rubin who put Citigroup in such
peril.