Saturday, March 21, 2009

When Big Bucks Are At Loss, Ideas Become Desperate

Apparently, there are more than a few powerful people within our federal government who have looked out for the many who could have lost everything if AIG had gone under. It appears that a fewer number of powerful people within our federal government tried to protect a few so that they would get their big bucks, despite the failing company. Now, it appears that a few powerful people within our federal government are putting on a dog and pony show while they try to figure out the best way out of this huge mess.

The unintended (?) consequences of this huge debacle does not appear to have any good outcomes for individuals nor our nation. From what I have gathered from our various media sources, which sometimes means assuming the opposite of what is reported, there is not much left that has any integrity. No matter which way it goes, some entity has been sold out, big time.
Contracts and laws mean nothing.

I see that AIG touches the lives of those all around us.


Business Partner Program:

"Since 1967, AIG Retirement has been the leading retirement plan provider for all the employees of the Hillsborough County School Board."


In 2001, AIG was at 100. A year ago it was close to 50.
Today, it is 1.26


I wonder if our own little government agency will be simply a reflection of our big government agency. Is there any one watching?

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