Once Again

U.S. to Take Over AIG in $85 Billion Bailout; Central Banks Inject Cash as Credit Dries Up

As many other posts have talked about if you run your big ass company so shitty and fall into so much debt, you should go out of business or have to figure out what you need to do to keep going. This latest government bailout is because they say letting them fail would be catastrophic. And why help this one insurance company? There are plenty of other insurance companies that are still doing good business.

So now the government is in mortgages and insurance. Sounds like a bad idea.