Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts

Monday, March 9, 2009

Whole lotta chutzpah goin' on...

From what I understand we are just now getting a list of the wrecked companies that were insured by AIG and to whom AIG has been funneling the bailout money. It seems incredible to me that AIG had not been required to furnish that information in the first place. According to the list in the NYT, most of the companies receiving bailout money from AIG are also receiving direct bailout money. Talk about double dipping!
While on the subject of double dipping, the same people who brought us Countrywide Mortgage Co. with the ensuing sub prime debacle are now buying up their own now taxpayer subsidized toxic assets. Just incredible!
Disgusting. The whole sorry mess is just disgusting.

Friday, September 26, 2008

Riot On!!

Call me crazy but I am delighted with the uproar over the Wall Street bailout. It seems that Americans are waking up from the stuporous state we have been in these past years. Riot On!! Whether or not the bailout goes through, I am overjoyed that massive numbers of people are slapping their representatives around and giving them an earful of just how fed up they are.

Now maybe, just maybe, people will be awake enough to notice the cost of what is going on in Iraq, Afghanistan, and now Pakistan. One of the few times I’ve really agreed with Charlie Rangel was when he proposed a military draft. As soon as all the mamas and pappas see that their little Gap clad darling may be sent to get his arms or legs blown off, there would be massive resistance to it.