There is a huge controversy in the very liberal drive-bye media regarding AIG Insurance all of which is designed to cover up the truth. In this segment, I will remove all the liberal-spin-spin from this and outline again the facts:
When the liberals took control of the Congress back in 2005, after winning the elections in 2004, AIG was a booming like everything else in the American economy. It was not an issue until the liberal, radical motor-mouth Barney Frank on Capital Hill decided that AIG was just being too greedy, and that of course our Government should just take over.
There is a general consensus when the government takes over an institution, well they make a mess of it. Not make it better, as they in Washington claim. Plain simple truth be told is that AIG was not in any kind of financial trouble and this was not an issue until the liberals wheezed their way back into power control of the majority.
Here is how it all started: 2005 the liberals decide they want to over regulate and control everything with companies like AIG. They spend billions buying stock (with our money I might remind you) into AIG stock. This is when AIG really got even bigger than it should have gotten. All of which went way too fast. I mean we saw AIG Ads on TV and played on radio every 5 minutes it would seem. AIG got this money long ago from government buying stocks. Again, this was all done with our money! ... Liberals like Barney Frank (motor-mouth), and Chris Dodd (crud-dudd) made legislation that allowed the Federal Government (or rather The Congress) to install their own very liberal, very irresponsible, very radical thinking people on the AIG board of directors. This is where it all started with AIG. Once again, liberals taking control of an institution and running things into the ground.
Competition of Geico Inc. did not stand a chance with all this liberal spending of growing AIG, all the while taking over the once great insurance giant, in which AIG became corrupt in access of buying or over buying competitors which caused AIG to virtually own almost all major insurance companies in the United States or for that matter in the entire world. You may check my facts for yourself. I promise you that you will find out for yourself that AIG owns almost every insurance company in the world. This is what set the stage for liberals to begin government socialist take over of everything. They found their way into the board of directors at AIG, they took it over, purchased all the assets of major competitors, ran AIG into the ground (I think was done on purpose) -- Then it all fell apart.
Hold on folks, here comes the glorious government rushing into save the day. The bail out happens and the government got exactly what they planned all along. That is control of AIG which owns almost every major insurance company along with other types of company assets that AIG gained during the well Boom period for AIG. All of which the government funded through buying stock with tax payer money.
So, where are we now?.. The government bail out AIG was a pure scam plain and simple. The government saw a way to seize control of a major company and they did it. The liberals caused all of the AIG financial crisis in the first place so that they can do the next phase of their very liberal plan. That is install their very own liberal CEO their very own liberal Mr. Liddy.
Now, on to the hypocrisy just yesterday, the very liberal Chris Dodd (crud-dudd), made an announcement that he wanted Obama's Treasury Secretary to send AIG's CEO a letter telling him that he is to stop these retention bonuses, or the congress will come up with a way to tax virtually all of that money away from the AIG executives. Yet, the Congress made Mr. Liddy their CEO of the company that the government in fact bought the stock out with our money.. So, once again, the liberals use the drive-bye-liberal-media to portray the glorious government coming in to save the day from the "evil, greedy, worthless" AIG Insurance Inc.
What's next from here? This kind of liberal socialist mongering, and indoctrinating the American public with their liberal wacky theories that "Government control is the answer to all our lives" -- they will continue this method of hostile government take overs, and control of everything in our lives. I submit to you all reading this that this is heading for socialism.
There you have it. The AIG and Federal Government conspiracy exposed. I made this easy as possible terms for all to understand. Still don't get it?.. Scroll back up and read it and weep once again.
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