If the bailout money went overseas to help foriegn enities the American taxpayer will demand its return.
To: Orange1998
China loaned the money for the bailout.
The bailout saves many countries, including China, that bought mortgage backed securities.
So, we borrow money from China to guarantee investments made by China.
2 posted on
03/07/2009 1:21:07 PM PST by
Kansas58
To: Orange1998
as I understand it, AIG manages congresscritters retirement money..they therefore can’t let it go under..
I may be wrong, but that’s my understanding..
3 posted on
03/07/2009 1:21:54 PM PST by
GeorgiaDawg32
(A democrat will break your leg, then hand you a crutch and take credit for your being able to walk.)
To: Orange1998
Oh, and then there’s the rumor that Congressional retirements are invested in AIG.
8 posted on
03/07/2009 1:27:34 PM PST by
combat_boots
(Leave America poor, hungry, sick and defenseless. Wasn't that the plan? How's that Hopenchange now?)
To: Orange1998
I don’t want to bail out the big boys - they placed their bet, they can take the loss. It’s time to let them go under.
14 posted on
03/07/2009 1:55:02 PM PST by
GOPJ
(Obama needs adoration to prop up his empty suit. He's open to manipulation by professional thugs.)
To: Orange1998
If the bailout money went overseas to help foriegn enities the American taxpayer will demand its return.
The money went overseas and it is gone.
16 posted on
03/07/2009 2:10:03 PM PST by
genghis
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