I have come to agree with many that the time has come to let AIG fail. The taxpayers have thrown far too much money towards this corporation, and it is all but certain those funds will never be recouped. Indications are that AIG will need a substantial amount of further bailout money from taxpayers over the coming months into next year and perhaps further out.It is time to let this monstrous beast die and let the fallout occur. There is risk, but continuing on the path that has been followed up to this point is simply bad policy and good money chasing a bad poisonous corporation that was allowed to get enormously too huge for the good of everyone.
http://features.csmonitor.com/economyrebuild/2009/03/22/can-us-let-aig-fail/
*****
No comments:
Post a Comment