Mar. 20, 2009 - Could the AIG Debacle get Worse? Simple Answer? Yes! Much Worse!

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Ok for the most part I have stayed out of the talk surrounding the bailout(s) and the rest of the fallout. Not that I am not interested but for the most part I have little or no control over what is going to happen anyways. I don’t have stocks and I just have a strong belief in the old saying if it’s something you can’t control then there is no need to worry about it. I prefer to worry about the things I can directly control.

But this AIG thing is really starting to well not starting to it’s just completely out of control. I don’t even know what to think anymore. Literally not just every day but every hour there is a new story out about something else they are doing. It just doesn’t seem like it could get much worse until I just read this story. Apparently the bailout hasn’t been quite enough and now AIG is suing the government for more money. While that doesn’t seem like much on the surface you see the thing is that they are using our money to do it! Yes it’s the taxpayer money that we gave them that now they are using to sue us! I just can’t even believe this anymore. While I think some people have been a bit violent in their reactions to AIG such as threatening to kill them and burn it down, at the same time I can’t feel anything but anger. I don’t even know who to be angry at anymore but I do feel that this is way beyond simply out of control. I don’t think there is a word to describe this anymore.

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