Aig ..... Wtf ?

So is the government just going to give them 30 billion dollars every 3 months? They've already been given 150 billion and now they're "on the verge of failure" again.

Let them sink, I can't afford to support them anymore, I have my own insurance companies to support.

misshestermoffitt said:

So is the government just going to give them 30 billion dollars every 3 months? They've already been given 150 billion and now they're "on the verge of failure" again.

Let them sink, I can't afford to support them anymore, I have my own insurance companies to support.

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I'm with you on that, then again I was with you when everyone was bitching about the bank bail outs. Let them fail, or better yet, "Where's my bail out?"

misshestermoffitt said:

So is the government just going to give them 30 billion dollars every 3 months? They've already been given 150 billion and now they're "on the verge of failure" again.

Let them sink, I can't afford to support them anymore, I have my own insurance companies to support.

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the government isnt putting 30 billion in every thee months..YOU ARE.LOL SUCKER.

I don't really like the idea of nationalization really. I just don't trust the pricks in DC to run anything. I mean If I was running the show as a dictator I would, because I would know who the Fuck-up in charge was. Their was a time in this country when the states had their own banks.

If the states ran them in a responsible manner just think of the good that could do. They could be set up to put all the state employees retirement funds in them. Then use say 6 to 1 fractional reserve banking with the retirement funds to guarantee a steady amount of income for them. Then open up enrollment to everyone in the state under the age of 24 to replace social security for the younger generation. The state would have a monopoly on all mortgages and all loans over $1 million in that state.

I know California has 181 billion in its state employees retirement fund (CalPers) that would make 905 billion available for loans right now with no more bailouts. A stable supply of real savings that can not be withdrawn except as part of your retirement. So no bank runs, No stock to sell, no bundling and reselling your mortgage notes. Stable secure banking IMHO is what is needed in order to run a free market economy and if we have to nationalize anything this would be the way to go. You ever notice how every time we have a "Rescission/Depression" it always revolves around a bank failure??

You could also roll in unemployment insurance and medicare/medicaid into this system as well however the medical part would probably mean a net drain on the system, and eventual system failure however.

Have you seen Madoff seeks to keep NYC penthouse, $62M in assets? How about he seeks to not suck too many dicks in the prison showers.

Yeah no shit that son of a bitch deserves to have it all taken and I will bet you $1 federal reserve note that if he is put in general population he will last 3 maybe 4 days before he is killed. And their will be great rejoicing and marry-ment had by all.

He shouldn't be allowed to keep anything in my opinion. Everything he has right down to his underwear should be sold off and all of the money should go to repay the people he ripped off. He shouldn't even get lawyer money out of it. Let him suck his lawyers dick for payment.

110100100 said:

Have you seen Madoff seeks to keep NYC penthouse, $62M in assets? How about he seeks to not suck too many dicks in the prison showers.

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This is why there is so much big time white collar crime these days, they know they aren't getting in trouble, other than a slap on the wrist. We need to make an example out of him.

aig hosted a 450k party on their first bailout. and now they are getting bailed out again. why not give this money to the people. fuck this govt

http://www.bargaineering.com/articles/aigs-443k-party-to-celebrate-85b-bailout.html

Yeah folks, that why I'm stocking up on canned food and bullets! If the government keeps printing money at the current rate, the only thing that it will be good for is to wipe you ass with.

Well let's see ... Yeah, why not let the federal government nationalize big businesses? What the hell, they already run two big businesses ... the Post Office and Amtrak ... and we all know how well they control costs with those two businesses..

Vi