Marginal

A Nation of Debtors

Finally.....Mr.Rafat deserves ownership of 20% of AIG's newly issued preferreds just for his sheer intelligence to state the obvious.
I have been wringing my head over outrage by politicians in the name of U.S. "taxpayers'" for the government putting them on the hook for speculators' debt..Mr. Rafat hits the nail on the head: The US government's foreign creditors would bail from all and any further future US investments and we'd be sitting on our trillion dollar deficit without any chance of recouping a penny from our trusted foreign sources.
when all is said and done, the government will reap a nice reward in m its preferreds' interest and me, Miss USA- AIG and Freddie 100 K shareholder ( the "Wall street speculator?") is the one who lost out --all I can do is consider it my patriotic sacrifice ...