Sailingwindward

Mr. Geithner Goes to China

We blame the victims of this (the American people), most Americans wouldn't have a clue what a credit swap default is from a hedge fund, all they know is that yesterday they had a job and today that job is shipped off to China or some other cheap labor communist country and the product comes to the US tax free. So yes the blame goes to Washington politicians, corporate & foreign lobbyists, China, India and a special thanks to Senator Phil Graham, George Bush & Company, the only blame the Americans have is not standing up for themselves and protest their government while this was all happening.

Mr. Geithner Goes to China

Vuke, This VAT thing sounds like a good way for the US to go, hopefully our greedy, corrupted, foreign and corporate lobbyists lapdog politicians in Washington don't squash this kind of proposal.
Im my opinion the biggest threat to the US is not the Middle east or North Korea it's China waging economic war against the US population and the majority of collaborators are our own leaders in Washington.

Way Too Much Washington for Wall Street Today

If the Answer is to create jobs to end the recession, why not start with doing away with free trade or should I say unfair trade, wouldn't that bring industry back to the US if we didn't have to compete with lowest slave labor in the world, trowing this good taxpayer money after bad business seems to only be a giveaway to the CEOs who pay themselves 2.6 in bonuses for a failing business and spend our money on lavish vacations & 50 million dollar jets. I'm going to start calling Obama Little Bush from now on.

Where's the Bailout Now?

It is evident that you disagree with my information and have your own OPINION (your entitled to your own opinion, but not your own facts), only time will tell which one of us was right or knew what they where talking about, in your comments about AIG making a bad bet and taking too big of a risk only proves my point that AIG is like a compulsive gambler, who owes way too much to the bookies and will get killed when he fails to pay (bankruptcy), people need to get their money as far away from AIG as they can before they fall, just like Enron did.


On Nov 13 01:47 PM AIG IS A GREAT AMERICAN COMPANY. wrote:

> Why would AIG go bankrupt? All of the CDOs they insured will be
> due in 2010, they stopped writing in 2005. Therefore, come 2010,
> they will be off the risk that has caused them to put up collateral
> and that debt will now be an asset on the balance sheet. AIG just
> needs a bridge, liquidity to put up the collateral until that time.
> They didn't have the cash on hand because due to the failure of LEHMAN
> they needed to put up billions of dollars overnight. You talk about
> AIG like ENRON. All they did was insure a product through a small
> division. They made a bad bet, took too big of a risk. They weren't
> cooking the books, etc... They were forced to accept a different
> accoutning model and it ended up costing them dearly. One or two
> people high up made that mistake apparently. However, the government
> will have the last laugh, they stand to profit in a huge way in two
> years when these CDOs are actaully worth much more than they are
> now. You have no idea what you are talking about or laws yet you
> continue to speak. You are what is wrong with this country, just
> like politicians and the media.
>
>
> On Nov 13 12:35 AM sailingwindward wrote:

Where's the Bailout Now?

It sounds to me like the people at AIG have misrepresented and mislead the public regarding it's financial condition (Neb.Rev.Stat. §44-1525(1)(d)) They have also made untrue, deceptive and misleading statements ( Neb.Rev.Stat. §44-1525(2))
I'm sure without looking too hard AIG has broken many laws in many states.
I on the other hand am stating facts, AIG is like a bad gambler who is so far in debt with the bookies that he borrows money from his family (in AIGs case family is the government) but the gambler instead of paying his bookies off, he goes out gambles and loses the rest of the money, with no ability to pay, the bookies kill him, in AIGs case they just go bankrupt, end of story.
Now tell me where any of this is not true.


On Nov 12 01:20 PM monday1929 wrote:

> Then the officers of this company who swore what great shape they
> were in days before begging for a hundred Billion of taxpayer money
> should hire some more lawyers.
>
>
> On Nov 12 09:38 AM AIG IS A GREAT AMERICAN COMPANY. wrote:

Where's the Bailout Now?

It sounds to me like the people at AIG have misrepresented and mislead the public regarding it's financial condition (Neb.Rev.Stat. §44-1525(1)(d)) They have also made untrue, deceptive and misleading statements ( Neb.Rev.Stat. §44-1525(2))
I'm sure without looking too hard AIG has broken many laws in many states.
I on the other hand am stating facts, AIG is like a bad gambler who is so far in debt with the bookies that he borrows money from his family (in AIGs case family is the government) but the gambler instead of paying his bookies off, he goes out gambles and loses the rest of the money, with no ability to pay, the bookies kill him, in AIGs case they just go bankrupt, end of story.
Now tell me where any of this is not true.

Where's the Bailout Now?

Let me know where you got your law degree?


On Nov 11 11:56 PM sailingwindward wrote:

> This is not from rumor or hearsay, AIG attorneys have been working
> on this for months now, and the target date is December 2008, AIG
> is going to file for bankruptcy, that's a hard reality, and people
> who have an interest should be aware of this and not just the elite
> who are slowly getting money out on the taxpayers back.

Where's the Bailout Now?

This is not from rumor or hearsay, AIG attorneys have been working on this for months now, and the target date is December 2008, AIG is going to file for bankruptcy, that's a hard reality, and people who have an interest should be aware of this and not just the elite who are slowly getting money out on the taxpayers back.


On Nov 11 09:56 PM AIG IS A GREAT AMERICAN COMPANY. wrote:

> Salingwindward:
>
> I would be careful about your comments. Make false statements about
> insurance companies is illegal in most states and you may face fines
> or worse! I would retract them ASAP!

Where's the Bailout Now?

This is not from rumor or hearsay, AIG attorneys have been working on this for months now, and the target date is December 2008, AIG is going to file for bankruptcy, that's a hard reality, and people who have an interest should be aware of this and not just the elite who are slowly getting money out on the taxpayers back.