This week the federal government effectively nationalized American International Group by extending an $85 billion dollar loan to the struggling insurance provider.
But will taxpayers profit from …
Will Taxpayers Benefit From Aig Bailout?
04
Dec
azrial4421
December 4, 2009 at 2:22 am
does aig not have any competitors? forcing success of a buisness at everyones expense is communism.
65CL
December 4, 2009 at 2:56 am
Both Republicans and Democrats are guilty in creating this economic mess since the late 1970’s. It has been since then tha the U.S. National debt increased from 3 Billions to 9 billions now (6 Billions in 30 out of over 250 years of the history of the whole country). Pointing fingers at each other is not the solution. The problem is the Foxes are both guarding as well as running the Hen House. The American Empire is as broke as the Roman, British, and Communist Empires were near their end.
IceWarm
December 4, 2009 at 3:11 am
No…because AIG has already wasted our money on their retreat trip.
dozerman09
December 4, 2009 at 3:57 am
collegeswimx..get your facts straight. McCain voted for regulation of Fannie May and Freddie Mac..but Obama..voted against it. Why?? Obama was the second largest receiver of money from Freddie and Fannie. Get your lazy goverment educated butt of the sofa and do the research if you know how. The Dems. have been in control of Congresss since 06. Look at where we are today…HMMMM. It was their ” everyone should have a home and be part of the American dream ” ..remember? i bet not!!
collegeswimx
December 4, 2009 at 3:58 am
How about the fat cats, why are they not bailing out anyone? Like Bush’s good ole boy Exxon Mobil CEO who got a 400 million dollar bonus last year? The Republicans got us in this mess with McCain, Bush, Phil Gramm (nation of whinners?) who enacted acts; with the Repub. control Congress approval; deregulation acts of 2000 & 2001 which removed all oversight and regulations from money markets.Now, McCain wants to blame Obama & demands “Oversight & Regulations”.McCain does not have my vote!
kimlea69
December 4, 2009 at 4:31 am
BULL….kim
COUNTCARDULAR
December 4, 2009 at 4:32 am
euro bankers vacuming up assets
ufoengines
December 4, 2009 at 4:38 am
A Trillion Dollars for Wall Street and no bucks for a national U.S. Health Care Program.Got what a bunch of crooks!