Comments on: U.S. Announces $85 Billion Bailout Of AIG

Federal Reserve Makes Emergency Loan To Keep Global Insurance Giant Afloat, Avoid Deepening Financial Crisis

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by book54552134 September 17, 2008 7:30 AM EDT
And so, the utterly Fascist policies of the US government continues, unabated.

Are we up to a Trillion dollars yet in regard to the amount of Corporate Welfare the US government has doled out to the banking industry during the past 12 months? We must be dammed close!

Everything for government, corporations & the wealthy. Little or nothing for the Middle Class & the poor. That, by it''s very definition, is Fascism.

"Fascism should rather be called Corporatism, as it is the merging of government and corporate power."
Benito Mussolini

And who will be forced to pay for this corruption? answer - The Middle Class & the working poor, either by way of increased taxes or a reduced standard of living.
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by andor3 September 17, 2008 7:03 AM EDT
"Just think what would have happened if social security would have been privatized. "

That was the bailout plan Wall St. Hoped for--saving their yachts and mansions with our retirement funds. Turns out if they do not get a government handout one way, they get it another way. We all still pay.

So how will AIG pay back this "loan"?
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by skysoldier75 September 17, 2008 6:59 AM EDT


Even as the GOP attempts to sell us all on the benefits of "privatization of essential government services", we can watch these fine examples of "unfettered Capitalism" literally implode due to the unfettered greed of those very same private enterprise "players", which inevitably results in the "Socialization" of formerly private businesses by government.

Why am I not surprised?
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by nler1 September 17, 2008 6:53 AM EDT
How much damage must the Reps do before the Ameriucans are sick of it.
Bush ordered Georgei to attack Russia, only to do good in the elections.
And now the similated attack in Yemen, in the hoop that we forget the finacial crisis.

REPUBLICANS ARE TERRORISTS
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by occams_taser September 17, 2008 6:40 AM EDT
New Orleans they let drown, but financial markets must be rescued.

Socialism for the Rich.

Welcome to the USSA.
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by rudy654-2009 September 17, 2008 6:19 AM EDT
Just think what would have happened if social security would have been privatized.
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by ncvoter2 September 17, 2008 6:11 AM EDT
people spend spend spend. they run up their debt and blame it on the government. it''s hard to say which one is the fool, the lender or thr buyer. LOL
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by ncvoter2 September 17, 2008 6:07 AM EDT
I feel a hard day comin'' on! ugh
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by ajaxtheleast September 17, 2008 5:56 AM EDT
This is a Republication administration.
John McCain is a Republican.

Why doesn''t this mess reflect upon
Republican John McCain??

Do you HAVE to be told !??

Common sense says that if the Republican
presidential nominee adheres to the
philosophies of the republican party, and
along comes a mess of which the Republicans
own 80-percent that this just might reflect
GREATLY upon that Republican nominee
for President.

But now days common sense, if it EVER resided
on your TV or web page no longer does.

And if your TV or web page doesn''t SAY that
this near financial meltdown reflects
upon McCain then that becomes
the new reality.

Our new reality also tells us that it''s
not yet been decided which candidate will
suffer more from the Republican''s 80-percent
ownership of the problem.

And that the two candidates themselves, both
of whom know didley about economics, will do
the deciding by advancing their own "ideas"
to solve the problem.

In past presidential elections
John would be down 20 points.

In the matter of careers John should be,,,
,,,possibly a cotton farmer.

Dont know how much John would earn ranked
894 down the list of cotton farmers,,
but no matter, if cotton farmers had a
president the media would have john running
one point ahead of Billy Bob Joe Christianson
for the presidency in no time at all.
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by ncvoter2 September 17, 2008 5:54 AM EDT
lol lol lo lol lol lol lol! the world is coming to an end. run for your lives. we are all going to die . die die die die. aaayyyyhhhhhhhhh!
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