Government takes over AIG

[SamuraisWisdom]

http://money.cnn.com/2008/09/16/news/companies/AIG/index.htm?cnn=yes

Here we go. 3rd bailout in less than a week. This is the definition of socialism. And where did the government come up with the $80b for this loan when they're already running a $250b+ deficit? It seems like the Federal Reserve is doing everything in its power to destroy the US dollar.

[Micah Dardar]

Wow, I can't even afford to buy a house, but the government can buy an insurance company. I think that the U.S.S.R. even did a better job than the U.S. of shoving this shit down their people's throats before they collapsed. I bet that the American people would not vote in a general election to give their money away to corporations. Let the corporations fall. We can live without them.

[max]

who will the feds take over next?...major banks?...brokerage houses?...the airlines?...the automakers?

what a friggin joke....the federal reserve and federal government caused this mess and now we turn to them to save us..

communistic bailouts for the super rich....predatory capitalism for the rest of us