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Last post 11 years ago by DrafterX. 6 replies replies.
How to Solve the USA Federal Debt Crisis
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HockeyDad Offline
#1 Posted: Tue, Sep 11 2012, 2:18 PM EST
Joined: 09-20-2000
Posts: 46,213
Nationalize companies and then later sell them back to private interests!


(Reuters) - The U.S. Treasury said on Tuesday that it expects to raise an additional $2.7 billion from its American International Group stock sale, allowing the United States to earn $15.1 billion from bailing out the insurer.

Underwriters have exercised their overallotment option to buy additional shares of AIG, the department said. Over the weekend, the Treasury had agreed to sell about 553.8 million shares of AIG, slashing the government's stake in the insurer to 15.9 percent from 53.4 percent.
DrMaddVibe Offline
#2 Posted: Tue, Sep 11 2012, 2:21 PM EST
Joined: 10-21-2000
Posts: 55,633
Just vote for Romney and the Bain Capital Group plan will fix it all!
DrMaddVibe Offline
#3 Posted: Tue, Sep 11 2012, 2:26 PM EST
Joined: 10-21-2000
Posts: 55,633
AIG received 173 BILLION taxpayer dollars...http://flowingdata.com/2009/03/20/aig-bailout-where-173-billion-went/...Something tells me that a lot went towards...BONUSES and SALARIES!!!
Stinkdyr Offline
#4 Posted: Thu, Sep 13 2012, 12:21 PM EST
Joined: 06-16-2009
Posts: 9,948
Hmm....and the taxpayer is still swamped in debt.

What is wrong with this picture?

Think
DrMaddVibe Offline
#5 Posted: Thu, Sep 13 2012, 12:25 PM EST
Joined: 10-21-2000
Posts: 55,633
Think


Um...bailing out a failed company?
DrafterX Offline
#6 Posted: Thu, Sep 13 2012, 1:03 PM EST
Joined: 10-18-2005
Posts: 98,601
Where's my free Volt..?? Mad
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