It Didn't Begin With the Bailout

Timothy Carney points out that AIG is no stranger to government assistance.

Comments

[brotherben]

Political contributions are just a risk management investment. That's what AIG does. no biggy.

[Naga Sadow]

I look at the bailout thus:

Leader of Senate: All fellow members of the Roman senate hear me. Shall we continue to build palace after palace for the rich? Or shall we aspire to a more noble purpose and build decent housing for the poor? How does the senate vote?
Entire Senate: FUCK THE POOR!

[Episiarch]

Naga: ultra vires.

[Naga Sadow]

Not sure that applies, Epi. Wouldn't it fall under the "just a bad business decision" function?

[Episiarch]

Well, Naga, I don't see where they have the authority to this.

But it doesn't matter anyway: acta est fabula, plaudite.

[Naga Sadow]

Epi,

Take some peyote. You should be able to understand then.

[Naga Sadow]

Refer to you Shakespeare, Epi. The show is never over.

[Episiarch]

I was merely referring to this bailout charade, Naga.

The show is never over.

All the world's a stage...

[Naga Sadow]

(sigh) I know.

[Naga Sadow]

If it makes you feel better Epi. Pro Lib has some WAMU shares he'd sell you. Then when they get bailed out, you can sit in on the shareholder meeting and heckle everyone.

[Paul]

Political contributions are just a risk management investment.

And they paid off, didn't they?