Wednesday, March 4, 2009

AIG again

Well we have made it offical. We are a nation that rewards failure. Last week the insurance giant which several months ago recieved billions of dollars in federal money because as the government said AIG was "too big to fail" now as was expected, AIG reported the largest lost in U.S. history for any American firm, almost 60 billion dollars. So for that feet of economic failure AIG which has tanked because they got into the home speculation business will now come to the government with their hat in their hands again and ask for more government money, this President who has made it policy to bailout failing companies will give them their money, America will move closer to socialism and AIG will go furthur down the road to insolvencey.

I fear for the future of our country.

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