| Lord Setheris |
10-08-2008 04:27 PM |
AIG has already been given about 85 billion dollars in bailout money by the federal government. Today they announced that they need another 37 point something billion more.
Am I the only one who feels that any cent of that money not spent on actual bailouts is little more than theft? We already know that a lot of federal money handed out earlier last month was used for CEOs to take vacations and visit spas. Every time I hear about that I just wish somebody could walk in and demand our money back.
I feel extremely uneasy because I just wonder how much of this almost 850 billion dollars total in bailout money will end up in the hands of a five-star restaurant next to a world class executive retreat. I continue to oppose the idea of the bailout saving our economy. It might help, but it won't be the cure.
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