|September 19th, 2008, 05:01 PM||#1|
Go lil yellow Roobicon...
Join Date: 01-22-06
Location: Toledo Ohio
Mentioned: 0 Post(s)
How do you feel about this AIG thing??
I want to know who is going to bail out the US gov. when it's too big to let it fail??
I'm compensating for my manhood.
Northwest Ohio Crawlers
|September 19th, 2008, 05:16 PM||#2|
Join Date: 03-09-07
Location: Memphis, Mi
Mentioned: 6 Post(s)
I hear we got a pretty good deal paying 80% of it's value.
The problem for AIG was that their assets were inappropriately devalued. They weren't really in trouble, they just got hit by a couple torpedos.
This is an american insurance company that operates worldwide.
Now I hear the mess-Iah say that the USA should consult with the rest of the world on how the best handle the company.
In other words, we fell into a pool of puss, but it wasn't as bad as it seemed, and for once the US government would make some profit, and Obama wants to share it with the rest of the world. WTF!!.
Now for the tinfoil hat theory: This was orchestrated (devalue AIG assets) to torpedo GW Bush and the republican candidacy, destroy faith in the economy, and secure a win for Obama. Win at any cost. The current Bush adminstration siezed the moment and turned it into a win. The only way Obama can turn it to a loss is to bring in the world market to absorb the proceeds/profit when AIG assets are re-valued.
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