The AIG Bailout Crime

DIGG THIS I quote a Wall Street Journal article dated November 11, 2008, "The U.S. government unveiled a plan Monday to scrap its $123 billion bailout of American International Group Inc. and replace it with a new package valued at about $150 billion." A single company is getting $150 billion in funds from the government (including the Fed). One source puts the government’s annual subsidies to all of agriculture at $35 billion or so. The space program costs $20 billion a year. Medicaid is one of the largest government programs. It runs about $339 billion a year (slated to rise … Continue reading The AIG Bailout Crime