Wednesday, September 17, 2008

Congrats America

Congratulations American taxpayer you now own AIG and its billions in debt. Anybody added up how much the Fed has put on the Visa card recently? $200 billion? $400 billion? The amount is really unknown until all the bad debt is counted and no one knows how much that is. How many of the AIG CEO's and big wigs are going to suffer? None.
Don't look now but rumor has it that Washington Mutual is the next candidate and how much that will cost us is anybody's guess. America has been broke for years and now we are just piling on the debt that will be paid by you, me and our children and grand children.
It's just going to get uglier.
Have a nice day.

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