Wednesday, September 17, 2008

The AIG Bailout

My Republican friends tag Clinton and Obama as 'socialist' or 'tax and spend liberals'. They are opposed to nationalized insurance of any kind.

Last night, the Republican administration bought 80% of AIG, bailing them out from a catastrophic failure. They did this with a loan to AIG from taxpayer funds that will be repaid at an incredible 11% interest. AIG will NEVER dig out from under this. EVER.

They also ordered the firing of the CEO.

So, the Republican administration just nationalized AIG and then mandated leadership changes.

Unless you've had your head in a bucket of water for the last 8 years, you can clearly see the hypocrisy. To Bush Republicans, it's not OK to nationalize a company or service to help out the nation or the nation's middle class. It IS ok, though, to do it to rescue the assets and the investors.

Don't get me wrong - I totally agree with what the feds did. If they didn't, the economy would've crashed - AIG influences almost every aspect of the national economy.

But it's time to stop resorting to easy, lazy sound bites and start acting like intelligent people. We are in the worst financial crisis since 1929. Stop being slaves to rhetoric.

Friday, September 05, 2008

Bragging About My Computer

Cool new tool that one of my clients just launched, shows how nifty my computer is:

AMD Phantom X4
Video Card:
ATI Crossfire
Video Mode:
1600 x 1200 x 4294967296 colors
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