Monday, November 10, 2008

Insult to Injury: AIG whines about 3rd quarter profits and gets More Money!

The insurance giant AIG has asked for more bailout money after reporting third-quarter losses. This request amounts to admission that the first effort to fund them failed. So how are we going to know this works? We're not. We're just going to have to sit back and wait until they report their fourth quarter status.

I was against the original bailout and I'm against this increased amount. The American people were sold down the river on that supposed financial crisis stop gap measure.

I hear that the Big Three automakers  are also in line to ask Uncle Sam for more sugar to sweeten their losses!

When are the hand-outs going to stop?

Does anybody else feel like we're getting fleeced while the big-wigs get help in hard times?

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