AIG: The Biggest Bailout

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disclosure are must in AIG bailout

It is our taxpayer's money. FED and govt must disclose all

counter parties who got benefitted by AIG bailout.

citizen of @ Mar 05, 2009 14:07:12 PM

Bank CEO's stealing billions and Obama does nothing.???????

I have heard that the President of the USA is the most powerful in the world. And he can't require the millioniears who stole billions of taxpayer dollers to pay back every penny of their so called boneses??????? They do not deserve these boneses and the tax payers should be marching on Washington DC in protest !!! Have we no guts? It appeares that Mr. Obama has little power or backbone to stand up and protect the ordinary tax payer in America. I have already lost faith in our president and government. It appears that the super rich in America are above the law. This Is Wrong!! If I stole a can of tuna because I was starving, I would be tossed in a cell. I am very sad for my grandchildren and my adult children as these boneheads have ruined our country. We are already trying to figure out where we might move to survive. Perhaps Mexico??

Frances Lucille Smith of FL @ Feb 12, 2009 11:51:07 AM

Bailout of AIG

AIG reminds me of my "baby brother". He always has his hand out with the familiar sob story. He knows his family is a soft touch and he plays it for all it is worth. He gets the "LOAN" for which he has NEVER paid back. The family finds out he doesn't use the money for the stated reason. It usually goes for a good time or things that are not as necessary as the reason he said he needed it. AIG is like my "baby brother", like my "baby brother", AIG needs some TOUGH LOVE, JUST SAY NO TO AIG. AIG keeps having a good time on our hard earned money. Wake up America, the more you give them the more they want. They treat the taxpayer like they are a FOOL, just like my "baby brother" treats his sappy family. NO MORE MONEY TO AIG, LOAN OR NOT, JUST SAY NO!!!!!

Tough Love of FL @ Nov 11, 2008 06:54:07 AM

"The We Deserve it" Bailout

Why wouldn't this work?

"We Deserve it" dividend! Let's assume there are 200 million US citizens over 18. Being that our population is roughly 301 million this is probably a good estimate...Now divide 200 million into the 85 billion dollars that we gave to AIG. That is 425 thousand dollars each adult. Of course we would be taxed 30% which would leave every adult with 297,500.00. Uncle Sam would get 25.5 billion back in taxes and every adult would either be able to pay their homes off or buy one. This should stimulate the economy and help the housing crisis!We now want to give AIG more money????

of ID @ Oct 10, 2008 12:25:19 PM

AIG Bailout

So in two years, let's say AIG pays off the government will the government still own AIG if they want?

Moses of NY @ Oct 07, 2008 16:09:31 PM

AIG had its hand in ethical and predatory practices. The U.S. government should not have bailed them out and instead the people should be put on www.blacklistedbusiness.com The Blacklist

Hak of TN @ Oct 06, 2008 16:50:03 PM

I’m against the $85,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving $85,000,000,000 to America in

a We Deserve It Dividend.

& nbsp;

To make the math simple, let’s assume there are 200,000,000

bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman

and child. So 200,000,000 might be a fair stab at adults 18 and up..

& nbsp;

So divide 200 million adults 18+ into $85 billon that equals

$425,000.00.

My plan is to give $425,000 to every person 18+ as a

We Deserve It Dividend. ;

Of course, it would NOT be tax free.

So let’s assume a tax rate of 30%.

Every individual 18+ has to pay $127,500.00 in taxes.

That sends $25,500, 000,000 right back to Uncle Sam. &nb sp;

But it means that every adult 18+ has $297,500.00 in their pocket.

A husband and wife has $595,000.00.

What would you do with $297,500.00 to $595,000.00 in your family?

Pay off your mortgage – housing crisis solved.

Repay college loans – what a great boost to new grads

&nbs p; Put away money for college =E 2 it’ll be there

Save in a bank – create money to loan to entrepreneurs.

Buy a new car – create jobs

Invest in the market – capital drives growth

Pay for your parent’s medical insurance – health care improves

Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Cit izen 18+ & nbsp;including

the folks

who lost their jobs at Lehman Brothers and every other company

that is cutting back. And of course, for those serving in our Armed

Forces.

If we’re going to re-distribute wealth let’s really do it...instead

of trickling out &nbs p;

a puny $1000.00 ( “vote buy” ) economic incentive that is being

proposed by one of our candidates for President.

If we’re going to do an $85 billion bailout, let’s bail out every

adult U S Citizen 18+!

&nb sp; As for AIG – liquidate it.

Sell off its parts.

Let American General go back to being American General.

Sell off the real estate.

Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t. & nbsp;

Sure it’s a crazy idea that can “never work.”

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the $85 Billion

We Deserve It Dividend more than I do the geniuses at AIG or in

Washington DC.

&nb sp;

And remember, The Birk plan only really costs $59.5 Billion because

$25.5 Billion is returned

instantly in taxes to Uncle Sam.

pul of @ Sep 28, 2008 15:30:52 PM

AIG CEO Severence pay

I saw where the CEO for AIG would get a severence package of $22,000,000.00. Yes purposely put all the 0's.

Where can I find more into about this.

I saw on the news last night, the CEO might not take it.

doris sanders of TX @ Sep 23, 2008 16:01:19 PM

why

I don't see why the goverment is bailing out big companies like aig.When you should ask why they so far in that much debt. And if the goverment can bail out companies why can't the goverment bailout out everyone else not just big companies?

Cause if you look at everything everyone in debt and at hard times with the cost of living into days world even with a high paying job. But I feel if they going to bailout these companies they should but a deal with it like don't lay off anyone. cause that the biggest hurt in the world is layoffs and companies closeing or going over sea s for cheaper labor.

clay of MD @ Sep 21, 2008 23:38:28 PM

How many livees haas AIG ruined?

Do some research on AIG and how they have screwed claimants, and in paarticular the disabled.

Disabled man of NY @ Sep 20, 2008 03:08:59 AM

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Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.

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