[BeaPlourde]

The more I read up on this the sicker I get. There have been some very good posts already on Free Republic about AIG, and I thought this was an interesting look into the geopolitical angle. After this year I will definitely be buying stock in ulcer medication.

[Shermy]

Won’t work on Obama.

His team are masters of deflection. Example, the way they coopted the “anti-nationalization” misunderstanding to demonize finishing off AIG and bad banks in favor of paying off the gazillionaires and foreigners threatening not to pay anymore for US tax cuts.

[org.whodat]

You do know that AIG started it’s business in china, don’t you.

[org.whodat]

American International Group, AIG was founded in 1919 by Cornelius Starr who established the agency in Shanghai, China. The business took off and was very successful in Asia. Later, Starr expanded the company to Latin America, Europe, and the Middle East. It is fascinating how many in the media are portraying AIG as some homegrown company when in fact, it didn’t start branching out seriously into the U.S. until 1962, nearly 43 years later. http://www.mybudget360.com/american-international-group-aig-founded-in-shanghai-china-in-1919-who-are-we-bailing-out-here/