“AIG is one of the highest-profile companies caught up in the turmoil on Wall Street. Last month the Federal Reserve provided an $85 billion loan to the company, which was on the brink of bankruptcy. On Wednesday the Fed provided a second loan of up to $37.8 billion.”
— so we gave them 122.8 billion to help them and then they went on a spending spree resort for the executives? so our money was a giveaway? WHAT?! outrageous!
now you wonder why the national budget is in a deficit! will we ever get back on track? how come we can have ourselves foreclosed, but we can’t have the gov’t foreclosed!
“AIG is one of the highest-profile companies caught up in the turmoil on Wall Street. Last month the Federal Reserve provided an $85 billion loan to the company, which was on the brink of bankruptcy. On Wednesday the Fed provided a second loan of up to $37.8 billion.”
— so we gave them 122.8 billion to help them and then they went on a spending spree resort for the executives? so our money was a giveaway? WHAT?! outrageous!
now you wonder why the national budget is in a deficit! will we ever get back on track? how come we can have ourselves foreclosed, but we can’t have the gov’t foreclosed!