AIG is corrupt and should be allowed to go under. My paper today stated
G-20 Pledges to fix economy. Group of finance officials frowns at US plans to increase spending. Jane Wardell (The Associated Press.) Finance officials from rich and developing countries pledged Saturday to do "whatever is necessary to fix the global economy", including supervision of freewheeling hedge funds and restoring bank lending by dealing with the shaky securities clogging their finances. Officials remained cool to a US push for more coordinated government spending to simulate the economy. Translation- They think We're Nuts!
Clearly the Obama administration is spending more than Bush spent. The greed and earmarks are bigger than any Bush ever dreamed of. Bailing out Bad Behavior is a recipe for more bad behavior.
Why not see if this simulus will help, and stop the spending. Get the banks to lend out what they have already received! I think Obama is running this country like a Community Organizer, Not a President!