Posts Tagged ‘AIG’

We all had time to digest Henry Paulson’s comment that subprime woes are contained.  The problem spread to Alt-A mortgages, and as Germany will confirm, the problem spread around the world.  I’m almost 60 years old, and was lied to about Agent Orange, Gulf War Syndrome, Watergate, second mortgages, Iraq, and a few more.  What makes anyone think the average person on the street gets the truth?

It is not even an election year, and I’m SICK of the rhetoric and debates. Suggesting a government bail out of the people facing foreclosure is an irrational response. It sounds like more schmooze to ensure votes and campaign contributions. A government bail out is more transparent than the mortgage problem and fiscally irresponsible.

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