Alright, I may be a little confused on this...
So our government, spends my money, your money, his money, her money to bail out AIG that, if failed, could potentially hurt the economy pretty badly.. While I disagree with that, I guess I know what they are trying to do. However, the government now owns 80% of AIG. Which means, that we all have a own & have stake in this company
I say "WE" because we bought it didn't we? So alright, if your still following me.. AIG supposedly has to pay a 10-11% interest rate to the government on top of what they loaned them once the banks bounce back and are working again.
Sarcasm insert here> "So that that mean, that we will be getting a check in the mail with the dividend?"
It only makes sense.. Its like I'm the bank now - loaning out money to insurance companies and I want my interest payments due on time "or else".
So the insurance companies fail and lean on us, then we become the insurance company to the insurance company, then who the hell backs us up when our own personal financial system can no longer support such strain? Where can we run to for a hand out? China? I thought the government borrowed from them already in the first place to pay for all these bailouts..
*Confused*
So our government, spends my money, your money, his money, her money to bail out AIG that, if failed, could potentially hurt the economy pretty badly.. While I disagree with that, I guess I know what they are trying to do. However, the government now owns 80% of AIG. Which means, that we all have a own & have stake in this company
I say "WE" because we bought it didn't we? So alright, if your still following me.. AIG supposedly has to pay a 10-11% interest rate to the government on top of what they loaned them once the banks bounce back and are working again.
Sarcasm insert here> "So that that mean, that we will be getting a check in the mail with the dividend?"
It only makes sense.. Its like I'm the bank now - loaning out money to insurance companies and I want my interest payments due on time "or else".
So the insurance companies fail and lean on us, then we become the insurance company to the insurance company, then who the hell backs us up when our own personal financial system can no longer support such strain? Where can we run to for a hand out? China? I thought the government borrowed from them already in the first place to pay for all these bailouts..
*Confused*
