Friday, March 6, 2009

OMG!! AIG???

Why is the current administration giving MORE money to AIG? What $150 billion wasn't enough? Do they need another vacation already? I guess it is stressful knowing that 50% of the loans they made are back in default again. Who would have guessed? Anybody with half a brain, that's who! Most of those people couldn't afford the houses they bought in the first place, what makes AIG and the government think they can afford them now?
I'm not an economist, far from it, but I want to know why all this Stimulus Money is going to government and Big Businesses. Why not give the money to the people and let them pay their debts? The money will still end up with the Banks, but the people will have reduced their debts and feel free to spend again. Does that just make too much sense for the 'experts' in Washington to understand?

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