User 68127

AIG and Bailouts: Welcome to the Real World

Rarely will you find the smartest people working for government. Those who want to be creative and, for better or worse, reap the result of their efforts will be in the private sector. Those who value conformity and the security of a paycheck regardless of performance will tend to be in govt.

The govt will constantly be chasing those more gifted and motivated entrepreneurs and trying to bring them down to their level and control them. Unable to catch them, and lacking the intellectual and moral basis to change their behavior, the govt will resort to manipulation and brute force.

Why AIG Wasn't Allowed to Fail

Don't call it 'government cash.' Call it what it is--taxpayer dollars!

Maybe taxpayers are better off being out of the bailout funds if it stems systemic chaos. Maybe not. But you have to acknowledge who funded the bailout of i-banks and hedge funds before you can even have an honest discussion.

Rage at the AIG Machine

B.O. is grandstanding, and the people are eating it up!

The bonuses amount to 1/1000th of the most recent bailout funds. They are contractually mandated. It would be a seizure of property and violation of the law to break the contracts.

If the feds were so worried about it, why did they give them the money in the first place? And are they going to micromanage EVERY single expenditure and exploit for political gain each one they don'd like, however small? Direct your anger where it belongs--at the government! No bailouts=no need to worry.

And one more thing, for those populist sheep who are taking the bait--don't bother to complain or be outraged unless you belong to the half of this country that actually PAYS the taxes!

Going to Hell in a Handbasket: The Rush To Protect More Stocks

Speak for yourself. I am not a disgrace--our leaders are a disgrace! Yes, I vote, but what am I supposed to do, run for President myself? I am forced to just hold my nose and vote for the least bad candidate.