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The Black Hole Gets Bigger: AIG Back for Yet Another Bailout
Naked Capitalism ^ | 11/08/08

Posted on 11/09/2008 4:45:48 AM PST by TigerLikesRooster

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To: TigerLikesRooster

Thanks for the ping.


21 posted on 11/09/2008 6:44:00 AM PST by GOPJ (Obama? "I miss the soft-spoken eloquence of George W. Bush." -- Freeper QuestionLiberalAuthority)
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To: ChetNavVet

BOTTOMLESS PIT!

Bailout will include any and all businesses, foreign and domestic ... from all sectors of the economy. Of course government will be in line also for this handout (additional salaries, etc).

PLUS: Free and/or reduced price gas. Cancellation of all interest on all mortgage instruments written to date. Pay raise for Congress will ironically will not be considered income any longer.

ALSO: Federal Government will enforce a 20% partnership stake in all business endeavors of the profits. Treasury printing presses will print money on demand, cheaper printing costs are being eyed (Monopoly money to start).

Government is sorry but taxes will have to be raised to see us all through this deep debilitating crisis. The end is not in sight and the resulting depression will likely last decades longer than the Great Depression. Your leaders are capturing every resource and will engage it in the fight to ensue every one survives equally this great catastrophe.

WELCOME TO OBAMALAND!

/sarc


22 posted on 11/09/2008 8:41:24 AM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: RSmithOpt

I compare to sinkhole , keep throwing fill in without fixing underlying problem.
Hole gets no smaller and fill keeps disappearing


23 posted on 11/09/2008 9:08:24 AM PST by Nailbiter
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To: TigerLikesRooster

Looks like they need more cash for the Christmas bonuses.


24 posted on 11/09/2008 11:58:01 AM PST by PAR35
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To: Uncle Ike

Whatever became of Ross Perot?


25 posted on 11/09/2008 2:56:27 PM PST by pointsal
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To: Man50D

Once Paulson and Bush started down the road of bailing out banks and insurance companies, there could be no end to the bailout of almost any industry or government entity that exists and is in danger of going bankrupt. This probably will continue until the entire economy collapses. The seeds of this disaster was sown by both those in both parties for several decades. More of the keep interest rates low and pressure banks to loan monies to those who had no ability to pay back in order to buy votes. It was in some ways a easier method of vote buying than explicit government transfer payments though the politicians continued to use that as well.


26 posted on 11/09/2008 3:09:26 PM PST by brydic1
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Comment #27 Removed by Moderator

To: TigerLikesRooster
Whats a reference to our Gay President have to do with the bailout anyway?

Its sad when 90 percent of Americans see their own government vote against them. But much sadder when the American people lay down and take it.

We need a national campaign where everyone sends a bucket to New York City to help the Bailout. Think what 100 million buckets would piling up on Wallstreet.

28 posted on 11/09/2008 8:59:00 PM PST by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: TigerLikesRooster
This is the essence of AIG’s latest proposal:

Man walks into pawn broker. He says to the person behind the counter, “You know that watch I brought in two weeks ago? I know you lent me $85, but now I need another $50. And I will tell you why you will give it to me. I have a gun with me. I will blow my brains out here, right now. With your nice carpet, I guarantee it will cost you more than $50 to clean up your store. And that's before we get into the cost of keeping your store closed while you clean my grey matter off your walls and what my suicide might do to your store's reputation.”

Worth repeating.... outstanding.......this is the strategy banks worldwide are now using.

We need to shoot the gentleman in this example in the knee, put it on video and keep our door open for business with a big sign that says, “ Don't mind the guy screaming and bleeding to death - he tried to rob US....TWICE, so lets show him and his kind, how we treat scum sucking banking vipers and thieves.....WE ARE OPEN FOR BIZ!”

29 posted on 11/09/2008 9:08:14 PM PST by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: TomasUSMC
These boys somehow picked up this move from N. Korea's Kim Jong-il.
30 posted on 11/10/2008 5:08:32 AM PST by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster

Write your Congressman and say NO. Not with my dollars.


31 posted on 11/10/2008 4:13:45 PM PST by ully2
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