Given that government cannot do anything correct, the question is whether doing what the government wants, albeit, in retrospect, AIG to do and what AIG did, helped the situation? My guess is that we are not going to get a true assessment until the current noise is long gone, if ever. So, we will continue to do the incorrect thing. Witness, the current analysis that the Great Depression was not ended because we did not spend enough in stimulus. We are going to get thousands of bridges, schools, and courthouses with the names of Bolshecrats on them, even, though we won’t have anything to drive and so kids can learn how to apply for welfare.
I am beginning to get that sinking feeling that America’s ship of state is spiraling out of control, with no one at the helm.