Remember when the current economic crisis hit initially, and Congress let Bear Stearns founder?
Then, Congress also pushed a bunch of "forced marriages" between banks?
But then they immediately bailed out AIG. I cannot help but wonder ... "Hmmmm, that's strange ... What does an insurance company have to do with the present crisis? Why did AIG get preferential treatment?"
I think I just found the answer. Well, for one thing, AIG insures the pension fund of the US Congress people.
No wonder AIG got bailed out right away. To heck with the people! The members of Congress [the congressmen & the senators] have to protect their personal fortune and future first and foremost.
This is one proof that most (if not all) politicians are in politics for two--no, make that one reason and one reason only: Self-service #1 and to promote the political party's agenda #2, which just another form of self-service!
Isn't it nice to see where the true loyalties and objectives of the supposed "representatives of the people" actually lie?
Author Unknown
Then, Congress also pushed a bunch of "forced marriages" between banks?
But then they immediately bailed out AIG. I cannot help but wonder ... "Hmmmm, that's strange ... What does an insurance company have to do with the present crisis? Why did AIG get preferential treatment?"
I think I just found the answer. Well, for one thing, AIG insures the pension fund of the US Congress people.
No wonder AIG got bailed out right away. To heck with the people! The members of Congress [the congressmen & the senators] have to protect their personal fortune and future first and foremost.
This is one proof that most (if not all) politicians are in politics for two--no, make that one reason and one reason only: Self-service #1 and to promote the political party's agenda #2, which just another form of self-service!
Isn't it nice to see where the true loyalties and objectives of the supposed "representatives of the people" actually lie?
Author Unknown
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