Now it appears like AIG, an insurance coverage giant, is about to fail also? Who will be next? Must we bail them out?

Question by bassdoc: Now it appears like AIG, an insurance coverage giant, is about to fail as well? Who will be next? Must we bail them out?
The US doesn’t have the funds reserves (in fact we’re totally broke – which led to all these failures in the very first place) to bail out or shore up something.
I just saw the Fed is about to “release” (that means create a rubber verify for) 70 billion A lot more cash for loans – the difficulty is we’re in loans and debt up to our eyeballs!
Now AIG has been downgraded and is possibly headed towards failure also. Is this just one more domino in the line towards true Depression?
Since Sara and McCain seem to consider items were run just fine the final eight years, should we vote for them?
(PS: Hint: This has nothing to do with the Democratic congress which has been allowed to pass nothing except the Farm Bill).
Thank you Edith for pointing out that it is all Clinton’s fault (lol!)
No issue – we’ll just sell far more of our nation to the Communists or Radical Islam (that is been George’s remedy so far!)
Oops! My mistake! It was 85 billion dollars! (…Of taxpayers funds that is, It just occurred, and beneath Bush’s watch, not Democrats).

Best answer:

Answer by LovingLife
Scary instances. 1 more giant crumbles, and McCain lies, however once again, by saying the “fundamentals” of our economy are powerful.

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Buffett Blasts Low Taxes On Billionaires, Says Congress Must Stop Coddling Them?

Question by Pick_a_Name: Buffett Blasts Low Taxes On Billionaires, Says Congress Must Stop Coddling Them?
http://finance.yahoo.com/blogs/daily-ticker/buffett-blasts-low-taxes-billionaires-says-congress-must-142239366.html

He said his tax rate is lower than is secretary’s and he finds this unfair. Anyone seen this? or thoughts on it?

Best answer:

Answer by SugarBear
He should pay his secretary more.

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The last banking collapse in 1989 Conservatives didnt have a fake news network covering their tracks for them?

Question by Smoking Joe: The last banking collapse in 1989 Conservatives didnt have a fake news network covering their tracks for them?
….and bankers actually went to jail (Keating and Milken, among others).
Do the banks now realize they don’t have to tell the truth anymore because they have Fox News and AM radio lying for them 24/7, confusing and enraging their doltish listeners?

Best answer:

Answer by team
They must have fooled obama too

Do you think obama is so hapless he couldn’t have Eric Holder haul them into court???

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