Alternatively, this is another reason why I bought a few hundred shares of AIG when it hit a buck and a half. After all, the government owns ~ 80% AIG now… it’s not like they’re going to sell it anytime soon or allow them to go bankrupt.

Maybe I’ll get a day spa invitation!!!

Our Country has a process in place for business “failure”. We need government to assist these very big companies with a structure to survive through that process not to help them circumvent the process.

It is an outrage that good people all across this country are suffering and our government is focused on saving the big shots at the companies whose greed, arrogance or ignorance put their company and our country at risk. The logic seems to be that we cannot do nothing and let these companies fail. That is very true. But there are other options to simply pouring our money into the hole. Each American knows that when they fail they have to suffer the consequences. But our corporate entities seem to be exempt from this principle.

I demand that my representatives start to value people more than corporations!

The role of government with regard to the failed big businesses needs to be that of assisting with the orderly process of bankruptcy where by, the creditors of that company take ownership and continue to operate under the new ownership and new management. That is how our system works!

There have been many excellent suggestions from the private sector of how to implement a plan of structured bankruptcy. Instead government seems intent on following the lead of Secty. Paulson. This man is not our savior. He is the person who failed to act when the crisis first began over a year ago. Secty Paulson is no different than the CEO’s of failed companies. He should not be rewarded with more and more power to ruin our Country’s economy.

America has been awakened out of a long slumber. We are watching and will not support any politician who continues to favor big business over the individual.