do I really have to say it???
Posted on 02/02/2011 4:41:31 PM PST by Libloather
AIG CEO: Liberals are deadbeats
The head of the government-owned insurance company claims "culture" explains why business is better in red states
By Andrew Leonard
Wednesday, Feb 2, 2011 15:31 ET
Could Treasury Secretary Timothy Geithner please send someone over to AIG to slap some sense into CEO Robert Benmosche? I am aware that the man is undergoing chemotherapy in a fight against cancer, but that's no excuse for the remarks he made at an insurance conference in Washington on Tuesday. According to Benmosche, cultural reasons explain why AIG's mortgage insurance subsidiary is doing better in red states than blue states
"All of the states where we're a leader, where we're the No. 1 insurer, are red states, all of the states where we're at the bottom are blue states," Benmosche, 66, said yesterday at a conference in Washington. "Part of what we found out is that our model is about culture and it's about the attitude in the public. And what we find is where there's more of a tendency for people to be more liberal, more that the government is responsible for what happens to me."
In other words, liberals are deadbeats.
(Excerpt) Read more at salon.com ...
Hard to disagree.
liberals are leeches, but they were born straight!
A shame that is actually news to some big-wigs.
This should be news to somebody?
This should be news to somebody?
Author also uses data that is between 7 and 10 years old to cry about how red states consume more federal dollars than they put in. Never mind that government spending at all levels and everywhere is more than they take in. Period.
It’s called the “Blue State Cancer”.
do I really have to say it???
The truth that shall not be spoken
and this is “unexpected”?!!!
“The head of the government-owned insurance company...”
####
Doesn’t that make AIG a deadbeat?
Although I fully understand that AIG’s insurance businesses were successful and enormous, while its CDO and derivative business (which detonated the rest of AIG and which the rest of AIG barely knew was going on) was a 120-person business operated out of a small ofice in London, I have a really, really hard time feeling much sympathy for AIG.
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