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Should AIG Be Allowed to Go Bankrupt?

Post columnist David Ignatius argues the case at Post Global. Click here after watching the video above to weigh in with your thoughts. Or click here to read the discussion thus far.

Posted at 10:52 AM ET on Mar 23, 2009  | Category:  Economy
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Anyone other than "nodebris":

DO WE REALLY NEED TO WASTE OVER $2 BILLION PER YEAR TO RUN WHITE HOUSE?

http://whitehousetransitionproject.org/resources/briefing/Patterson-Cost%20of%20WH.pdf

Posted by: JakeD | March 24, 2009 12:36 PM

Well, I hope JakeD keeps working this AIG contribution angle. It's not quite as dumb as the whole birth certificate thing he devoted so much time and effort to, so maybe he won't look quite as silly as he drags this particular dead horse on up the road. The old guy needs his exercise, after all.

Posted by: nodebris | March 24, 2009 11:52 AM

I think Obama has good intentions but I'm not sure he's going about it the right way. These weak companies went broke because of poor management and now they are being rewarded for their work. This is not the way it works in reality.
The main reason many democrats and independents are disillusioned with our new president is that he campaigned on ending the war, no action has been taken as far as I can tell.
Is he intimidated by the joint chiefs, is he afraid of making a mistake. Whatever the reason we should bring our troops home from around the world and stop meddling in other countries' business.
Uping the ante in Afghanistan is a dangerous move with Pakistan on one side and Iran on the other. Pakistan being a nuclear power and Iran having a well trained and equipped army thanks to Russia.
We need to bring all of our troops home from this dangerous position or it will certainly lead to all out war.
Our health care crisis is elevating everyday; the health of our citizens should not be in the hands of for profit companies. That places the dollar above our health care priorities, the insurance companies, the drug companies, and privately run hospitals are a big part of the reason so many can not afford health care.

Posted by: tomkat1 | March 24, 2009 8:18 AM

Ouch!

Posted by: JakeD | March 23, 2009 8:41 PM

unfortunately, I can't watch the video knowing Ignatious works for isrealites. Wish I could, but until he registers as a foreign agent....

Posted by: angriestdogintheworld | March 23, 2009 8:18 PM

For anyone other than "nodebris":

$160,000 means nothing compared to the current situation whereby Obama and Dodd specifically allowed bonus payments AFTER the entire Financial Products section hit the fan (no one has ever alleged that AIG got anything untoward from Bush) which could, in fact, amount to bribery of elected officials. One is a federal crime and the other is not. See the difference now?

15 of the top 20 AIG executives have already given back $30 million in bonus payments. I wonder if that will prevent the draconian tax from being passed?

http://wcbstv.com/breakingnewsalerts/aig.bonuses.andrew.2.965982.html

Posted by: JakeD | March 23, 2009 7:03 PM

JakeD is onto something: we should all be deeply, deeply concerned that employees of AIG provided 0.013% of Obama's campaign funds.

But wait -- they gave Bush $160,000 in his last campaign: sixty percent more than Obama, 0.06% of Bush's total fundraising. My goodness! I wonder what that means?

I think it means JakeD has an endless supply of red herrings to toss about.

Posted by: nodebris | March 23, 2009 5:36 PM

EXTRAJUDICIAL TARGETING AND PUNISHMENT OF AMERICAN BREADWINNERS AND THEIR FAMILIES:

THE UNTOLD STORY BEHIND THE ECONOMIC MELTDOWN.

***

TEAM OBAMA: WHAT DO YOUR BUSH HOLDOVERS KNOW ABOUT THESE ONGOING SECURITY-INTEL-REVENUE 'MULTI-AGENCY COORDINATED ACTIONS'...

* Silent, covert microwave radiation weapons (D.E.W.) assaults on innocent but "targeted" U.S. citizens;

* Terroristic vigilante community gang stalking, surreptitious home entry, police-tolerated vandalism;

* Secret federal "programs of personal financial destruction" that have used the IRS as an ideological tool of "social cleansing."


http://www.nowpublic.com/world/gestapo-usa-govt-funded-vigilante-network-terrorizes-america
http://www.nowpublic.com/world/domestic-torture-radiation-weaponry-americas-horrific-shame

OR (if links are corrupted / disabled):

http://www.NowPublic.com/scrivener

Posted by: scrivener50 | March 23, 2009 1:22 PM

It's not accident that Obama and Dodd each received over $100,000 in campaign contributions from AIG.

Posted by: JakeD | March 23, 2009 1:07 PM

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