Comments on: How much? http://firedoglake.com/2008/09/19/how-much/ Firedoglake weblog Sat, 28 Nov 2009 07:42:39 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: acquarius74 http://firedoglake.com/2008/09/19/how-much/#comment-1637532 acquarius74 Fri, 19 Sep 2008 16:44:26 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637532 <p>Re the AIG bailout: Did anyone here see the Charlie Rose show this week with guest Henry (Hank)Greenberg ? Greenberg founded and grew AIG and was forced out in 2005 (?) due to alleged accounting discrepancies, some of whch have already been dismissed. </p> <p>On the show Greenberg said he began working to get a group of financiers together who were willing and wanting to buy out AIG. He repeatedly contacted CEO of AIG, The Fed Reserve, Paulson, etc., offering to help in any way he could, including the offer to buy AIG. They never even responded. </p> <p>My big question: WHY did Paulson choose to load this monstrous, extremely risky mega-corp on the backs of we the taxpayers rather than allow that group to buy AIG out???</p> <p>I would really like to see opinions from you commenters here for I am no finance expert; just a common sense type person. I believe some of you that I regularly read here before the propaganda being fed me by “the authorities”.</p> <p>Just Google: <a href="http://www.charlierose.com" rel="nofollow">www.charlierose.com</a> then search for Hank Greenberg</p> <p>Thanks.</p> Re the AIG bailout: Did anyone here see the Charlie Rose show this week with guest Henry (Hank)Greenberg ? Greenberg founded and grew AIG and was forced out in 2005 (?) due to alleged accounting discrepancies, some of whch have already been dismissed.

On the show Greenberg said he began working to get a group of financiers together who were willing and wanting to buy out AIG. He repeatedly contacted CEO of AIG, The Fed Reserve, Paulson, etc., offering to help in any way he could, including the offer to buy AIG. They never even responded.

My big question: WHY did Paulson choose to load this monstrous, extremely risky mega-corp on the backs of we the taxpayers rather than allow that group to buy AIG out???

I would really like to see opinions from you commenters here for I am no finance expert; just a common sense type person. I believe some of you that I regularly read here before the propaganda being fed me by “the authorities”.

Just Google: http://www.charlierose.com then search for Hank Greenberg

Thanks.

]]> By: goldstandard http://firedoglake.com/2008/09/19/how-much/#comment-1637513 goldstandard Fri, 19 Sep 2008 15:33:40 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637513 <p>There really isn’t anything not to understand John. A. In fact it is very simple. A do nothing Congress who were more than comfortable with their hands out waiting for banking lobbying interests to grease their palms took the money and ran off with it while the brakes were applied to banking regulators who knew the system would go up in smoke.<br /> As the President just stated again in very simple terms that all can fully understand. We the government allowed the system to be broken which will eventually cost trillions to fix, and you the American tax payer will be burdened for the rest of your lives paying for it as will your children and grandchildren and their great grandchildren.<br /> But not to worry, I’ll bet you anything that their will be another tax rebate check in the mail before the end of the year, so that all of us will be able to do our part to enjoy the holidays and to add insult to injury, not one person will ever go to jail for thier lack of feduciary responsibility either on Wall Street or in D.C.<br /> That’s how the system works. We vote for idiots, they steal you blind and when the system crashes as it it now, those idiots in D.C. point the finger at everyone but themselves and we the scum of the earth tax payer get the golden goose egg by having to have our taxes raised so as to bail out these scumbags. regardless of which candidate gets into office, your taxes are going up. But we the American people never learn and vote them in anyway. How many time do we have to get it up the ass before we realize we’ve been taken to the cleaners again?</p> There really isn’t anything not to understand John. A. In fact it is very simple. A do nothing Congress who were more than comfortable with their hands out waiting for banking lobbying interests to grease their palms took the money and ran off with it while the brakes were applied to banking regulators who knew the system would go up in smoke.
As the President just stated again in very simple terms that all can fully understand. We the government allowed the system to be broken which will eventually cost trillions to fix, and you the American tax payer will be burdened for the rest of your lives paying for it as will your children and grandchildren and their great grandchildren.
But not to worry, I’ll bet you anything that their will be another tax rebate check in the mail before the end of the year, so that all of us will be able to do our part to enjoy the holidays and to add insult to injury, not one person will ever go to jail for thier lack of feduciary responsibility either on Wall Street or in D.C.
That’s how the system works. We vote for idiots, they steal you blind and when the system crashes as it it now, those idiots in D.C. point the finger at everyone but themselves and we the scum of the earth tax payer get the golden goose egg by having to have our taxes raised so as to bail out these scumbags. regardless of which candidate gets into office, your taxes are going up. But we the American people never learn and vote them in anyway. How many time do we have to get it up the ass before we realize we’ve been taken to the cleaners again?

]]> By: wasabi http://firedoglake.com/2008/09/19/how-much/#comment-1637497 wasabi Fri, 19 Sep 2008 14:23:24 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637497 <p>Financial guy on CNBC says the actual cost to the taxpayer may be as high as 2 Trillion dollars.</p> Financial guy on CNBC says the actual cost to the taxpayer may be as high as 2 Trillion dollars.

]]> By: wasabi http://firedoglake.com/2008/09/19/how-much/#comment-1637447 wasabi Fri, 19 Sep 2008 13:48:07 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637447 <p>WSJ’s take on <a href="http://online.wsj.com/video/a-change-in-the-government-agenda/2FAB9F0B-F3C9-4991-B4E6-32AADFCDD7F0.html" rel="nofollow">tying the hands </a>of the next president.<br /> Can’t implement social programs when your money needs to go to bailing out the financial institutions.</p> WSJ’s take on tying the hands of the next president.
Can’t implement social programs when your money needs to go to bailing out the financial institutions.

]]> By: wildwest http://firedoglake.com/2008/09/19/how-much/#comment-1637380 wildwest Fri, 19 Sep 2008 13:01:05 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637380 <p>I like that Alaska politics is in the mix, because if we the people are going to bail out Wall Street. Then, what do we get? I want returns on my investment. I want to buy a house without interest. Like Alaskans get money from Big Oil, I want the promise of checks in the mail and benefits from this bail out. </p> <p>Also, besides the ads and pretty words, where is Obama on all of this? He has a mega microphone and could be demanding reform … </p> <p>I say we wait until 09 and let the grown ups figure out what to do.</p> I like that Alaska politics is in the mix, because if we the people are going to bail out Wall Street. Then, what do we get? I want returns on my investment. I want to buy a house without interest. Like Alaskans get money from Big Oil, I want the promise of checks in the mail and benefits from this bail out.

Also, besides the ads and pretty words, where is Obama on all of this? He has a mega microphone and could be demanding reform …

I say we wait until 09 and let the grown ups figure out what to do.

]]> By: Bluetoe2 http://firedoglake.com/2008/09/19/how-much/#comment-1637349 Bluetoe2 Fri, 19 Sep 2008 11:56:58 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637349 <p>Todd and Sarah Palin have the potential of being to politics what Tonya Harding and Jeff Gilooly were to ice skating.</p> Todd and Sarah Palin have the potential of being to politics what Tonya Harding and Jeff Gilooly were to ice skating.

]]> By: sangemon http://firedoglake.com/2008/09/19/how-much/#comment-1637345 sangemon Fri, 19 Sep 2008 11:54:37 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637345 <p>New thread upstairs</p> New thread upstairs

]]> By: tjbs http://firedoglake.com/2008/09/19/how-much/#comment-1637342 tjbs Fri, 19 Sep 2008 11:50:34 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637342 <p>Guess again ! They blew through 28 BILLION in ONE day, how long before they need a little more to get them over the hump?</p> Guess again ! They blew through 28 BILLION in ONE day, how long before they need a little more to get them over the hump?

]]> By: Bluetoe2 http://firedoglake.com/2008/09/19/how-much/#comment-1637340 Bluetoe2 Fri, 19 Sep 2008 11:49:55 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637340 <p>No need for numbing drugs in the food source to dumbed down the citizenry. That’s what the corporate media is for with their phony news divisions and brain deadening entertainment divisions.</p> No need for numbing drugs in the food source to dumbed down the citizenry. That’s what the corporate media is for with their phony news divisions and brain deadening entertainment divisions.

]]> By: Smgumby http://firedoglake.com/2008/09/19/how-much/#comment-1637339 Smgumby Fri, 19 Sep 2008 11:48:15 +0000 http://firedoglake.com/2008/09/19/how-much/#comment-1637339 <p>That is a bummer, they only have part of the article online.</p> <p>(cue the Yoda voice)<br /> Headed to a newstand, this morning I am…</p> That is a bummer, they only have part of the article online.

(cue the Yoda voice)
Headed to a newstand, this morning I am…

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