Federal Reserve – Please Bail Me Out!
My business ventures are struggling in these tough economic times. In order for me to do my part and keep the economy thriving, I need money to spend. I am losing money in my tropical igloo business as well as in Braille steering wheels. My bikini store in northern Alaska is going to close any day now. I lost a bundle in the invisible tattoo market.
I would only need $500 million to keep these businesses afloat, much less than the $85 billion used to bail out AIG. Ben Bernake, please help me!
4 Comments
Sorry, the comment form is closed at this time.
Why is it that our nation’s leaders are allocating our tax dollars to a non-governmental entity to bailout a company most of us could care less about? Since when does failure to operate a business properly merit the pity and hard-earned dollars of American citizens? I know of hundreds of business owners who have made mistakes in running their business; and not only does no one come to their aid one iota, but because they are self-employed business owners, even in a crisis they are unable to get access to simple financial benefits such as food stamps or Medicaid (that even illegal immigrants can get) when necessary!
Our nation’s leaders are using tax money for a very important purpose: Your vote. Nice racket they have buying your vote with your money.
The truth is, unless the US government turns a profit on AIG, which is unlikely, the tax payer will pay twice, once in terms of the $85bn and the other for all the lost shares that were held by pension companies in AIG. I think eveyone will be counting the cost for years to come, someone, should take responsibility for these failures and the auditors should explain how they gave them a clean bill of health on such complex trading.
Given that we’re speaking about things within the region of Federal Reserve – Please Bail Me Out! Ahmnodt Heare for President, Using a bail bondsman involves a contractual undertaking guaranteed by a Licensed, Bonded and Insured bail agent and the individual posting bail. The bail agent guarantees to the court that the defendant will appear in court each and every time the judge requires them to.