Respirate

Liddy on AIG Payouts: 'The Fed Made Us Do It'

This from a related SA post:
"Without polling, I believe most of us desire intense social and psychological pain for one man in particular, Henry Paulson. And for once, we got what we wanted. Here's a toast to the dream that Bernanke is not re-appointed, that Paulson is indicted, and that Ken Lewis loses his ... ' J-O-B."

Won't happen. For either political reasons, or the likelihood that B of A acted at the behest of the USG, or the knowledge that the US financial system was in the throes of imminent collapse -- it won't happen.

Wreck a Company, Earn a Bonus

Mr Newman, your ideas could bring much needed income for the unscrupulous many out there. Already have, in the case of sport betting.

And how about that "business" vehicle credit a couple of years back to subsidize hummers and ford explosions. It paid my neighbor to get a bargain on a suburban that blots out the setting sun. (No, he doesn't really have a business per se, but he does take his cat to the veterinarian in it. (In his defense, it's a big cat.)

And big tobacco? Do you think we can not only allow, but subsidize emphysema and the Big C?

Thanks for putting the AIG disaster in perspective for the masses!

-- R