The 88th General Assembly
has convened the 2012 fiscal session

Tuesday, September 16, 2008

Let's bail out AIG

There's some good debate on CNBC this afternoon about AIG's plight, but the government bail out talk coming from those who are typically in direct contradiction to themselves today is amusing -- typical tax-and-spend (or worse- borrow and spend) welfare state mentality. I thought that government can't take care of everyone and that big government isn't the answer to everyone's problems? I guess they were for the free market economy before they were against it.

Update: How's this for luck? Lehman's landlord at Canary Wharf in London announced that the Lehman rent to them is insured -- by AIG. Lehman leases over a million square feet there on contract through 2033, and the company is now in bankruptcy. Here's the link.