Wednesday, March 18, 2009

AIG

Does anyone find it funny that AIG has received so much bailout money after heavily supporting both Hillary and Obama? 

Count me as one who does. 

What about the fact that the government is effectively seizing control of the bailout money within these organizations? I understand that executives should not be receiving bonuses when their company turns in the highest quarter loss in history, but the government should not be policing and sanctioning the use of this "investment" money. Otherwise, the government would be serving a social role and playing more like communists. 

Be an investor, do not use your police powers here. We did not elect a socialist. 

America does not need more socialistic policies and FDR redux. 

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