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Reply #10: We could have nationalized AIG, yes. [View All]

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Laelth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:18 PM
Response to Reply #9
10. We could have nationalized AIG, yes.
Edited on Wed Mar-18-09 02:23 PM by Laelth
But there's no public support for nationalization at the moment. We may have to do it, regardless, but Obama will be accused of being a "socialist" when that happens, and it will cost him politically.

:dem:

-Laelth


Edit:Laelth--sloppy proofreading.
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  -AIG bonuses: Hush money intended to keep the rats in line? Skwmom  Mar-18-09 10:32 AM   #0 
  - my thoughts too  ensho   Mar-18-09 10:33 AM   #1 
  - Very few in the media display an ounce of critical thinking.  Skwmom   Mar-18-09 10:36 AM   #2 
     - they like to hire people who can be controlled  Lerkfish   Mar-18-09 10:47 AM   #5 
     - I have to mute Todd or yell at the tube  ensho   Mar-18-09 11:12 AM   #7 
  - Treasury wanted to insure that AIG participated in the bailout.  Laelth   Mar-18-09 10:42 AM   #3 
  - Very good perspective!!  wackywaggin   Mar-18-09 11:30 AM   #8 
  - Well, why couldn't the U.S. just step in and pay off the foreign banks  Skwmom   Mar-18-09 01:19 PM   #9 
  - We could have nationalized AIG, yes.  Laelth   Mar-18-09 02:18 PM   #10 
     - Doesn't that usually involve seizing PROFITABLE companies for  Skwmom   Mar-18-09 02:50 PM   #11 
        - You're right, of course.  Laelth   Mar-18-09 02:58 PM   #12 
  - Treasury didn't even know  SoFlaJet   Mar-18-09 03:06 PM   #13 
     - I don't believe that for a second. n/t  Laelth   Mar-18-09 03:59 PM   #14 
        - you can choose whether to believe it or not  SoFlaJet   Mar-18-09 04:07 PM   #15 
  - that was ;my thought as well  Lerkfish   Mar-18-09 10:47 AM   #4 
  - Barney Frank just read from the contract (written in early 2008).  Swede   Mar-18-09 11:01 AM   #6 
  - Rep. Ackerman is alleging that those paid bonuses were threatening to walk  amandabeech   Mar-18-09 04:29 PM   #16 
 

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