AIG Bailout – Round and round the money goes….

I was reading this article here about AIG receiving about U.S$ 170 Billion and how they paid most of it to other banks that themselves had been on the receiving end of U.S. Govt. bailout funds. Does NOBODY else think that there is something logically wrong with all of this bailout crap? Then I received this story from a friend…seems appropriate to the times. The Economic smoke-and-mirrors explained: Young Chuck in Montana bought a horse from a farmer for $100. The farmer agreed to deliver the horse the next day. The next day the farmer drove up and said, “Sorry . . . → Read More: AIG Bailout – Round and round the money goes….

And The Bailout Made It Possible For Little Jimmy To See His Family More Often

Hi Ho – Hi Ho Well, he’s not so little, James Dimon is a big swinging dick at JP Morgan, in fact the Chairman, but yes he was able to commute by corporate jet to see his family in Chicago while he was totally screwing the pooch managerially in New York. It only cost $211,182 but that’s OK because his company was bailed out to the tune of $25 billion. Was that BILLION? Yes, that’s right. That’s how screwed the pooch got while Jim was at the helm. Did your tax dollars help any other fellows like Jim get over . . . → Read More: And The Bailout Made It Possible For Little Jimmy To See His Family More Often