Question for you Repubs? AIG recieves Corporate Welfare.

[Risk44]

Taxpayers Bailout AIG to the tune of $85 BILLION.


So I dont understand this..

QUESTION:

For all You Republicans: When a big business mismanages their money and screws up its OK for the taxpayers to foot the bill??

But if an American Citizen can't buy food for their families and they need money thats Not OK???

You support the Government taking over these failing private Businesses, but on the Other hand.. Government has no place in private business?? It just doesnt make sense to me..

 

[tocco05]

Taxpayers Bailout AIG to the tune of $85 BILLION.


So I dont understand this..

QUESTION:

For all You Republicans: When a big business mismanages their money and screws up its OK for the taxpayers to foot the bill??

But if an American Citizen can't buy food for their families and they need money thats Not OK???

You support the Government taking over these failing private Businesses, but on the Other hand.. Government has no place in private business?? It just doesnt make sense to me..

I don't agree with bailing out these companies. I say let them fail and deal with the consequences. To me it is like just putting a band aid on the problem. That is what capitalism is all about I thought.

 

[CapNCash]

Bailing out AIG is a terrible idea. will only lead to more problems in the near future. Goes squarely against idea of capitalism. will only further cheapen the dollar and encourage corporations to take risks. shame on fed govt for bailing them out.

At 11% interest rate it will make money for taxpayers, not cost them money.

 

[JinnRikki]

But this has been the Republican way since Reagan, loosen regulation, let rampant greed take over until the system breaks then bail them out with taxpayer money. Remember the savings and loan mess and McCain's role in it?

 

[Risk44]

Mccain Contributions..

AIG
$5,000 raised by people with this employer.
Average contribution: $5,000

$5,000
Applebaum, Eugene
AIG / Executive
Bloomfield Hills, MI, 48304 (Map)
Regular individual contribution ($5,000

 

[Risk44]

I don't agree with bailing out these companies. I say let them fail and deal with the consequences. To me it is like just putting a band aid on the problem. That is what capitalism is all about I thought.

So why isnt there the same amount of outrage by Conservatives for Corporate Welfare as there is for Health & Welfare?

 

[tiznow]

But this has been the Republican way since Reagan, loosen regulation, let rampant greed take over until the system breaks then bail them out with taxpayer money. Remember the savings and loan mess and McCain's role in it?

regulation just ends up crooks regulating each other so they aren't gonna do a very good job

its like expecting prisoners to stay in prison without prison guards....

the federal reserve is the enabler for all this shit

nothing will change as long as a non government entity can do pretty much anything they want without congressional approval

unelected officials with no congressional approval decided they could give a 85 billion taxpayer loan to a frickin insurance company

 

[JinnRikki]

Any regulation is better than no regulation. Why is it always after a Republican administration, after the laws have been relaxed almost to the point of no laws does this happen?
If as you say the crooks are minding the store anyway why do Republicans always insist on less regulation if it does no good?

 

[tocco05]

Mccain Contributions..

AIG
$5,000 raised by people with this employer.
Average contribution: $5,000

$5,000
Applebaum, Eugene
AIG / Executive
Bloomfield Hills, MI, 48304 (Map)
Regular individual contribution ($5,000

What's a first-term Senator doing receiving so much money from both
Lehman and Fannie Mae?


From 1989-2008, Obama received the second highest amount of campaign
donations from both firms....trailing Sen Clinton and Sen Dodd - both
of whom had been in office far longer than the first-term Senator from
Illinois.

Yes, McCain also received donations from them - but far far less....

http://www.opensecrets.org/news/2008/09/brothers-grim-is-lehman-next....

Lehman - Obama $395k to McCain's 145K

http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie...

Fannie Mae - Obama 126K to McCain's 21.5K

Toss in a Franklin Raines and Jim Johnson as former Fannie Mae CEOs
who have been key advisors to Sen Obama - let's just hope that Jamie
Gorelick isn't involved in his campaign as well....

Not that McCain's Mr. Squeaky Clean or anything....
Really beginning to wonder how much "change" Obama represents....maybe
it's pocket change.....

 

[tiznow]

Any regulation is better than no regulation. Why is it always after a Republican administration, after the laws have been relaxed almost to the point of no laws does this happen?
If as you say the crooks are minding the store anyway why do Republicans always insist on less regulation if it does no good?

the SEC is a complete fraud

that was given to us by FDR

neither the dems or repubs have the right answers

all these guys are career politicians that are funded and in pockets of banks and corporations so obviously they aren't looking out for the average citizens interests.......that's only natural

our treasury secretary hank paulson is ex goldman sachs CEO

nothing will change till we throw them all out and get average joes in congress looking out for the little guy like ron paul

 

[JinnRikki]

nothing will change till we throw them all out and get average joes in congress looking out for the little guy like ron paul

I agree with that sentiment, I don't think Ron Paul is the answer (don't think you can call Paul an average joe, he's been in congress forever). I think his ideas are not unlike jumping from a frying pan into ice water. Something in between is what I'm looking for.

 

[tiznow]

I agree with that sentiment, I don't think Ron Paul is the answer (don't think you can call Paul an average joe, he's been in congress forever). I think his ideas are not unlike jumping from a frying pan into ice water. Something in between is what I'm looking for.

politicans of old were servants it wasn't a career

he doens't take pension and all the other perks they now get.....

ron paul was a physician first congressman 2nd

he left after his libertarian run not expecting to come back

but he felt he needed to since things were getting so fucked up

ron paul saw this shit coming and has been trying to fight it for 30 years

only now are people starting to listen

i agree ron paul isn't the answer himself gonna take alot more than him

but he has all the right ideas

also you are right we can't move there overnight but we have to start moving in the opposite direction

ron paul's motto is less government.....the rest of congress for the past 30 years motto has been more government

 

[PointGiven]

Taxpayers Bailout AIG to the tune of $85 BILLION.


So I dont understand this..

QUESTION:

For all You Republicans: When a big business mismanages their money and screws up its OK for the taxpayers to foot the bill??

But if an American Citizen can't buy food for their families and they need money thats Not OK???

You support the Government taking over these failing private Businesses, but on the Other hand.. Government has no place in private business?? It just doesnt make sense to me..

yes its ok as the Repbulicans wont speak of this ever again

but they will dwell on people getting a $700 SSI check every month hno:

 

[tiznow]

GOP = welfare for the rich and corporations
DEM = welfare for BOTH the poor and rich and corporations

REAL conservatives like ron paul are against both

gotta get rid of um all to change anything

congress right now is just a bunch of big government liberals fighting over what to spend our money on

plus in this particular situation it wasn't voted on by any party or anything unelected officials decided this was the thing to do....thus the sham of the federal reserves system

 

[Romanowski]

its beyond ridiculous to blame a party for this mess

its indisputable that democrats lobbied for easy credit and low to middle class income individuals obtaining loans for homes

afterall that is their base.

Banks, Home Builders, etc all in the pockets of both partys

 

[Risk44]

its beyond ridiculous to blame a party for this mess

its indisputable that democrats lobbied for easy credit and low to middle class income individuals obtaining loans for homes

afterall that is their base.

Banks, Home Builders, etc all in the pockets of both partys

Romanowski -

Can I ask you a simple question:

Which Party is MORE Pro-Bank, Deregulation, Free Reign for Big Business?

Im just looking for a simple Democrat or Republican Response as the answer..

 

[Romanowski]

Doesnt matter

youre not looking at the whole equation

either your dumb or playing dumb for partisanship

both partys equally to blame, period

 

[Risk44]

Doesnt matter

youre not looking at the whole equation

either your dumb or playing dumb for partisanship

both partys equally to blame, period

Can you just answer my SIMPLE Question

Which Party is MORE Pro-Bank, Deregulation, Free Reign for Big Business?


A. Democrat or B. Republican

Just A or B man thats it... Just answer this question honestly if you can..

 

[Risk44]

Here's the second question?

Can A Republican ever admit to being wrong or someone in their party being wrong?

A. YES

B. NO

 

[Dave007inVegas]

Taxpayers Bailout AIG to the tune of $85 BILLION.


So I dont understand this..

QUESTION:

For all You Republicans: When a big business mismanages their money and screws up its OK for the taxpayers to foot the bill??

But if an American Citizen can't buy food for their families and they need money thats Not OK???

You support the Government taking over these failing private Businesses, but on the Other hand.. Government has no place in private business?? It just doesnt make sense to me..

Jonathan Martin - September 18, 2008

Obama spokesman Bill Burton, in the course of noting McCain's flip-flop on the matter, lets slip that his boss backs the Fed's $85 billion bailout of insurance giant AIG:
“Considering the fact that John McCain flatly opposed the bailout of AIG a day before he changed course and supported it, we’re not sure why on earth the McCain campaign wants to have a debate about economic indecision. Barack Obama does not second guess the Fed’s decision to take unprecedented action to prevent the failure of one of the largest insurance companies in the world from creating an even larger crisis, and he believes it must protect families who count on insurance." :howdy: