Wednesday, September 17, 2008

The same administration that made it almost impossible for an individual to relieve themselves of crippling debt liability - most often due to healthcare costs - has in only 1 day's time agreed to wave the magic wand for their embedded cronies at AIG - WITH YOUR TAX DOLLARS

With time running out after A.I.G. failed to get a bank loan to avoid bankruptcy, Treasury Secretary Henry M. Paulson Jr. and the Fed chairman, Ben S. Bernanke, convened a meeting with House and Senate leaders on Capitol Hill about 6:30 p.m. Tuesday to explain the rescue plan. They emerged just after 7:30 p.m. with Mr. Paulson and Mr. Bernanke looking grim, but with top lawmakers initially expressing support for the plan. But the bailout is likely to prove controversial, because it effectively puts taxpayer money at risk while protecting bad investments made by A.I.G. and other institutions it does business with.

How does McCain feel about government intervention in the free market, you ask? Depends on when you ask... He
's brazenly changed his mind on it 5 times - in 24 hours.