The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Bank Holding Company who wrote (192853)	3/24/2009 9:20:26 AM
From: ChanceIs	Read Replies (1) of 306849

>>>AIG is a ruse. It is the insurer of last resort.<<< I found the article interesting and frightening. On the one hand, it makes sense that the government go in there and start swinging some axes. It should have happened two years ago. Nay, it never should have gotten this far. hatchets should have been pressed into service in 2002 to nip this in the bud. OTOH, the last thing I want is socialism. I am not a big conspiracy proponent, but this stinks and worries me. The government is getting aggressive and acting appropriately ......... after all of the big fish have been let off the hook. It can go beat up the small fry with impunity .... or fear of loss of campaign funding. I am looking for Citi, AIG and yes, even Goldman, to go the way of Standard Oil under Teddy Roosevelt. If not, I will know that my sense for conspiracy is well founded. Of course Teddy's dismembering of Standard Oil was a little like cutting up a starfish. All the parts grew back into adult starfish and we were left with a half dozen instead of one. Don't get me wrong, I am a big fan of oil companies and hold a wad of them.

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