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View Diary: AIG's Ties to McCain, Bush & China (36 comments)

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  •  Not saying this is the sole reason for the bail- (1+ / 0-)
    Recommended by:
    DMiller

    out, but one that needs to be considered.  Particularly, with Mr. McCain promoting himself as the solution to the problem.  

    In fact, McCain and other GOP leaders -- and their policies of U.S. deindustrialization, transfer of jobs and debt to the PRC -- are a primary cause.

    •  I would argue (3+ / 0-)
      Recommended by:
      leveymg, Librarian, revgerry

      that deregulation and allowing a single insurer to "corner the market" the way that AIG has, has centralized too much power in one company and put too much risk on that company's survival.  Thus, when AIG does flounder, the government must bail it out or the citizens suffer.

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