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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (464678)	3/18/2009 2:16:36 PM
From: Tenchusatsu	Read Replies (2) of 1573560

RW, I briefly skimmed through the document, but I didn't see anything I didn't know before. The only fallacy I see is the notion that AIG has to survive, as if they're the only choice we have for the securitization of debt. Like I said before, I'm all for shoring up the securitization of debt by the Federal government. After all, the Feds have always been the "lender of last resort," so why not? But I'm just pissed that we're bailing out the same people that were responsible for the mess in the first place. How about we kick these people out and bring in fresh new talent? I'm sure AIG isn't going to crumble if the old guard is gone, especially now that We The People essentially control AIG now. Alternatively, let's let AIG fail and come up with something totally new. (Easier said than done, I know.) Tenchusatsu

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