the same thing that would happen if we let vietnam fall to the commies?

On Tue, Mar 17, 2009 at 8:38 PM, Tom Hargrave <tharg...@hiwaay.net> wrote:

> Possibly, possibly not, but what would have happened to our economy and the
> spending value of YOUR DOLLAR if they had been allowed to fail?
>
> Thanks,
> Tom Hargrave
> www.kegkits.com
> 256-656-1924
>
>
> -----Original Message-----
> From: mercedes-boun...@okiebenz.com [mailto:mercedes-boun...@okiebenz.com]
> On Behalf Of Wonko the Sane
> Sent: Tuesday, March 17, 2009 7:31 PM
> To: Mercedes Discussion List
> Subject: Re: [MBZ] OT banned lite, Better not get hurt in war
>
> I keep asking myself if the bonuses would have been paid -- or been
> obligated -- had AIG been allowed to go into bankruptcy or even shut down.
> I
> think I know the answer, and that answer should determine what happens
> under
> what was essentially bankruptcy reorganization, with the government buying
> and administering the assets.
>
> On Tue, Mar 17, 2009 at 7:23 PM, Peter Frederick
> <psf...@earthlink.net>wrote:
>
> > I love the argument that these bonuses were promised "by contract" --
> what
> > about the fact that the company had to be rescued by the US government?
> I,
> > personally, would have reduced all salaries at all institutions taking
> the
> > money, either directly or as payment of contracts, to US GS rates as a
> > condition of bailing them out.  No profits to anyone, no bonuses, not
> > dividends, nothing until all moneys repaid at interest, either.
> >
> > Peter
> >
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