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- Go to AIG Beach Party
Re:
TAPS---it's like being dropped into a foreign country and being told to participate, isn't it? Suddenly the world is changing at the speed of light.
posted by
FineYoungSinger
on October 9, 2008 at 1:19 PM
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It is beyond me, FYS. I don't think I even know what I think about all of it. So, I read other bloggers like you who write about it.
posted by
TAPS.
on October 9, 2008 at 1:09 PM
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Re: AIG just received another 37.8 million in 'loans' from taxpayers
Exactly, my dearest---and Americans have been sleeping through it all for far too long.
posted by
FineYoungSinger
on October 9, 2008 at 11:10 AM
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AIG just received another 37.8 million in 'loans' from taxpayers
We have and have had for a long time a system of trickle down Fascism - This ship of Bribery and taxpayer slavery has been trawling over US for decades...through the engine of Lobbying which is a polite term for greasing the palms of Presidents, Congress people, Senators - politico/opportunists elected by the people who then renege on public service and instead serve the greed of their corporate paymeisters (CEO's and their fellow executive thieves) and themselves. There are other signs too but this is the most glaring, imo.
Lobbyists fill key management and fundraising roles in almost all campaigns; just google lobbyists and campaigns for further edification. (here is an interesting article from a legal perspective - http://richmond.injuryboard.com/miscellaneous/predatory-lobbying-and-legislating-caused-the-economic-crisis.aspx?googleid=248580) Doesn't matter which party or candidate wins; though the Bush admin. and their allies have ramped the process to levels once un-imaginable to the unaware. Behind the scenery, those with the most grease are the real winners and good timers and as always, the working classes lose; sometimes everything they thought they owned, as is now happening - jobs, homes, retirement accounts, liberty; few to soon none lifeboats for the lower decks; many more for the elite, who sip champagne and listen to the band play on as we all sink.
posted by
Katray2
on October 9, 2008 at 10:08 AM
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This is how it's unfolding to me:
AIG execs were sucking money out of AIG, investing it offshore (Starr International), and making millions for themselves, and really, how disgusting that they were doing this while their company fell into a steady nosedive since May 2007.
posted by
FineYoungSinger
on October 9, 2008 at 7:14 AM
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i just fell off the fence - how can this be possible??
posted by
ladychardonnay
on October 9, 2008 at 7:13 AM
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Re:
go check out the link---you'll want to puke after you see those numbers.
posted by
FineYoungSinger
on October 9, 2008 at 7:09 AM
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i am on the fence about the bailout - but i view the beach party as lending your neighbor money for their mortgage and then seeing them throw a party in their back yard. it just doesn't seem proper to people like myself who are struggling financially - even if it was planned.
posted by
ladychardonnay
on October 9, 2008 at 7:08 AM
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