Let AIG become owned by the Fed, do not loan them $$ ... you'll never see a penny of that loan, but if they were taken by the FDIC, the thing can be sold off as it becomes more out of trouble. Loan is a definete loss for taxpayers, and the shareholders make like bandits ...
But I say, let the F*(ker fail.
Cool.
Buddha.
couldn't wholeheartedly agree with you more. The BS thats going on right now is just beyond me. I'm stocking up on guns and food and worse come to worse I'm just gonna stop paying my mortgage like the rest of the dirtbags.
they call democrats tax and spend but history shows that it is the republicans that outspend head over heals than the dems. the republicans spend our hard earned dollars on the large corporations and illegal or unnecessary wars. god i hope obama wins
Democrats drill whoever they please, republicans drill where ever they please. I am all for either as long as they get oil out and turn into gasoline.
Heck, I think I'd do anything to make jokes ... and that bit with tina fey on SNL was just killer ... In fact, I wish McCain/Palin wins, just think of all the jokes ... yikes ... I'll throw the country under thye bus for some good jokes. Of course the bus wont run cos funding for maintenance will ahve been cut and it wont have enough fuel to move either ... but none the less ...
Drill baby drill ...
Cool.
Buddha.
the only thing great buddha, here the other day with current situation @ the Interior Dept (doping, sex, gifts from the oil companies- say, i wonder if they're hiring!??!!!)- all the public land, national park, wildlife preserve drilling is under
the supervision of this dept- at best they're there to make sure that when the oil companies "drill" is that at least they use a condom. And the response from the oil companies has been, "gee, you know we don't like condoms, they cut back the feeling"-
down here yonder at the bottom of the food chain it's like the old Lewis Grizzard saying,
"Life is like a dogsled team, if you ain't the lead dog, the scenery never changes"
Quote from: The Buddha on September 16, 2008, 06:26:14 PM
Let AIG become owned by the Fed, do not loan them $$ ... you'll never see a penny of that loan, but if they were taken by the FDIC, the thing can be sold off as it becomes more out of trouble. Loan is a definete loss for taxpayers, and the shareholders make like bandits ...
But I say, let the F*(ker fail.
Cool.
Buddha.
+85 billion or whatever a company has to be worth for a 'get out of jail free' card from the gov.
i really cannot understand how (yes, i know, economics) people think it's a good idea to bail out a failing company.