Thread: FED TAKES OVER AIG - $85B LOAN

cayla wrote:

Am I the only one who finds these bailouts unconscionable and terrifying? Does anybody else see this as a huge leap to loss of freedom? Capitalism works because it is supposed to self weed out the dead wood. The precedent of bailouts set by, I believe Carter with the airlines, Is corporate socialism at its worse. By not letting these companies take their lumps, we are only setting our selves up for a bigger financial disaster down the line. We need to just let this boil of an economy burst and drain so that it can heal. By continually closing up the drainage areas, the boil will only increase in size and strength. Face it boys and girls, WE THE PEOPLE ARE BROKE. We owe too much money to foreign nations, it is giving them too much power over us. Let the banks, insurance companies, and every other idiot out there fail. Take our lumps, pull together and rebuild, but lets not try to continue to hold up this unstable economy. In the long run, if we continue to bail out these businesses, we will all lose.

You're right, treating the symptoms of a contagious disease does not cure it or stop it from spreading.

Personal accountability and responsibility? What's that? Free bailouts for everyone.

This is another step toward the NWO and NAU. By 2010 the NAU was supposed to be in place. It was slowed down thanks to the internet and people discovering their plans. But it continues to move along right according to their plans.