I think everyone is getting a bit off point and getting political (ugh!)- It’s time for a little late night reading (Atlas Shrugged for example)- The type of bail-outs are starting to spiral and “we” keep trying to figure out how to stave off the payday from “everyone getting what they want”. . . from the poor victim of the storms (“I didn’t get to watch Oprah today” at the shelter”)…to the bail-out of the next giant complex of companies that we just can’t live without. Pay day is looming and the sooner we realize that the sooner we can start to pick up the pieces and start letting the doers and movers start to rebuild this nation that thinks it is the greatest because we can print our way out of anything.
I guess nobody remembered how the gov’t saved Chrysler and NYC in the 70’s.
A bit of personal history , being a former Naval officer who holds the Navy Cross don’t ever question what I did for my country. I did not die for it but I did loose body parts.
Sorry for the fact I actually do have an education and am able to make a living by having and using that education.
The big point is that I did get a lot of you to think and to rattle the cage. That is what makes this country great. The ability to disagree with someone without being killed or put into jail for it.
As far as bieng M. Greenberg, I just lost my lunch. He is the one of the main people that put AIG into that situation. That is why he is still enbattled in legal matters over his taking parts of AIG and profitable business that belonged to AIG and putting it into C V Starr.
Don’t forget that all of us beiing tax payers makes us one of the owners of AIG. So if they do go back to what they were and their profits return then our taxes should reflect the income that will go to the gov’t.
The orignal report is Willumstadt. But then he did negotiate a rather seperation package shoould he be fired. I think it was around $10 mill. Not bad for a few months work.
mike. go back to the 90’s during the clinton years and see what the community reinvestment act & the gutting of the glass stegll act has now manifested itself into today’s problems.don’t blame the republicans, the democrats are just as culpable (more so) than the republicans.
Thank you for what you did for our contry and any sacrifices you have to endure. You have my deepest respect. So does anyone else who has been or is currently serving.
The whole thing about the taxes reflecting the profit returns? Come on, Oil was at its lowest the other day $97 a barrell. Did you gas prices go down?
Although I wouldn’t be the first person to claim that a government bailout wouldn’t be the way to go, to quote from PIA’s bulletin this morning:
“AIG has $1.1 trillion in assets ($1,100,000,000,000 – now, how does THAT look in zeros) and it has 74 milllion clients in 130 countries around the world”.
As always, I am the skeptic….but I am sure that once we get rid of the current administration, things will start to turn around….but can we hold out until November???????
Actually gas in my area has been steadily declining. Me personally I walk to work to keep the pound down and the legs working.
My personal up-take is that at the end of 2 years AIG will pay back the loan in exchange for return of the ownership in them. That way they actually got a bail out without actually being a bailout since the original agreement gave the gov’t a majority of the company.
One thing I did learn in the service is that no matter what task or assignment is given to you they will never give you all the facts. In some way there is always some darkness around every mission they give you. Even though you have proven your ability and loyalty your next assignment you are still not given all the facts.
So basically the gov’t treats everyone like a mushroom, they keep you in the dark and feed you a lot of SH_ _.
Gen Collin Powell resigned from service to his gov’t due to the fact that he was not given all the facts and actually some half truths to get the U.N. to approve our invasion of Iraq. He is a great American who deserved better. Further proof that no matter who we are we are all in the dark. That is and has been wether a republican or a democrat.
Our job is to get all facts on all those running for office and try and pick the best candidate no matter what party they belongs to. Our vote is the most precious liberty that our foundiing fathers has given us. Be sure to exercise your right. VOTE.
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I disagree with your politics NMB but want EVERYONE to Vote. Don’t let me make your decisions for you!!!Register NOW
I think everyone is getting a bit off point and getting political (ugh!)- It’s time for a little late night reading (Atlas Shrugged for example)- The type of bail-outs are starting to spiral and “we” keep trying to figure out how to stave off the payday from “everyone getting what they want”. . . from the poor victim of the storms (“I didn’t get to watch Oprah today” at the shelter”)…to the bail-out of the next giant complex of companies that we just can’t live without. Pay day is looming and the sooner we realize that the sooner we can start to pick up the pieces and start letting the doers and movers start to rebuild this nation that thinks it is the greatest because we can print our way out of anything.
I guess nobody remembered how the gov’t saved Chrysler and NYC in the 70’s.
A bit of personal history , being a former Naval officer who holds the Navy Cross don’t ever question what I did for my country. I did not die for it but I did loose body parts.
Sorry for the fact I actually do have an education and am able to make a living by having and using that education.
The big point is that I did get a lot of you to think and to rattle the cage. That is what makes this country great. The ability to disagree with someone without being killed or put into jail for it.
As far as bieng M. Greenberg, I just lost my lunch. He is the one of the main people that put AIG into that situation. That is why he is still enbattled in legal matters over his taking parts of AIG and profitable business that belonged to AIG and putting it into C V Starr.
Don’t forget that all of us beiing tax payers makes us one of the owners of AIG. So if they do go back to what they were and their profits return then our taxes should reflect the income that will go to the gov’t.
Any management names out of a job yet?
The orignal report is Willumstadt. But then he did negotiate a rather seperation package shoould he be fired. I think it was around $10 mill. Not bad for a few months work.
mike. go back to the 90’s during the clinton years and see what the community reinvestment act & the gutting of the glass stegll act has now manifested itself into today’s problems.don’t blame the republicans, the democrats are just as culpable (more so) than the republicans.
Mongoose,
Thank you for what you did for our contry and any sacrifices you have to endure. You have my deepest respect. So does anyone else who has been or is currently serving.
The whole thing about the taxes reflecting the profit returns? Come on, Oil was at its lowest the other day $97 a barrell. Did you gas prices go down?
…designed to allow for an orderly sale of assets.
Although I wouldn’t be the first person to claim that a government bailout wouldn’t be the way to go, to quote from PIA’s bulletin this morning:
“AIG has $1.1 trillion in assets ($1,100,000,000,000 – now, how does THAT look in zeros) and it has 74 milllion clients in 130 countries around the world”.
As always, I am the skeptic….but I am sure that once we get rid of the current administration, things will start to turn around….but can we hold out until November???????
Actually gas in my area has been steadily declining. Me personally I walk to work to keep the pound down and the legs working.
My personal up-take is that at the end of 2 years AIG will pay back the loan in exchange for return of the ownership in them. That way they actually got a bail out without actually being a bailout since the original agreement gave the gov’t a majority of the company.
One thing I did learn in the service is that no matter what task or assignment is given to you they will never give you all the facts. In some way there is always some darkness around every mission they give you. Even though you have proven your ability and loyalty your next assignment you are still not given all the facts.
So basically the gov’t treats everyone like a mushroom, they keep you in the dark and feed you a lot of SH_ _.
Gen Collin Powell resigned from service to his gov’t due to the fact that he was not given all the facts and actually some half truths to get the U.N. to approve our invasion of Iraq. He is a great American who deserved better. Further proof that no matter who we are we are all in the dark. That is and has been wether a republican or a democrat.
Our job is to get all facts on all those running for office and try and pick the best candidate no matter what party they belongs to. Our vote is the most precious liberty that our foundiing fathers has given us. Be sure to exercise your right. VOTE.