The ALL Florida Online Corvette Club - View Single Post - What Happens if the not so Big-Three-Fail

Shadow · 12-15-2008, 07:12 AM

Guro-

I can't explain the European market either? Maybe it has to do with wanting whats not readilly avaialble to you?

Just like the Americans infatuation with european sports cars.

As well, it seems the Europeans income may be higher than ours overall. Really though, I don't have an answer for that one either

I'm with you on the AIG bail out as well as bailouts in general. IMO, the government if they really wanted to help, would have kept their hands off the mortgage industry years ago and a better eye on the investments of banks (they are FDIC insured so they have a reason to do so!) and the insurance industry (since they are involved in many cases in securities), and prevented this from happening in the 1st 10 places!

Prevention not reaction is the key!

From what I understand though my friend, the big blow out AIG had was previously planned and paid for and was a perk for thier top producers.

I understand that it was not paid for with our $$$$.

12-15-2008, 07:12 AM	#8
Shadow Senior Member Join Date: May 2006 Location: port of indecision Posts: 5,604 Name :	Guro- I can't explain the European market either? Maybe it has to do with wanting whats not readilly avaialble to you? Just like the Americans infatuation with european sports cars. As well, it seems the Europeans income may be higher than ours overall. Really though, I don't have an answer for that one either I'm with you on the AIG bail out as well as bailouts in general. IMO, the government if they really wanted to help, would have kept their hands off the mortgage industry years ago and a better eye on the investments of banks (they are FDIC insured so they have a reason to do so!) and the insurance industry (since they are involved in many cases in securities), and prevented this from happening in the 1st 10 places! Prevention not reaction is the key! From what I understand though my friend, the big blow out AIG had was previously planned and paid for and was a perk for thier top producers. I understand that it was not paid for with our $$$$. __________________ Remember: Artificial Intelligence is no replacement for Natural Stupidity! Be Polite, Be Professional...and have a plan to kill everyone you meet.