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Government Bailout of AIG – Who Really Pays the Bill?
It’s unbelievable… the US government bails out the largest bank and insurance business in the world. The plan is to use a $700 billion-dollar bank plan to bailout AIG for a 79.9% stake. The US government who struggles and can’t even get it right, to properly run disaster and relief efforts, administrations, schools, and hospitals, think that they are now going to step in and run the world’s largest bank and insurance company. How scary is that!
How the Economic Stimulus Bill Will Impact AmericaObjectively, the stimulus represents a clear example of how our country should and will operate. This plan is a direct result of faith put in our new president. Therefore, I believe the impact will be on a more interpersonal level.