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Ridiculous Bailout Alert

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7

September 16, 2008 – Comments (0)

Apparently, Bernanke, Paulson and Co. don't want to let AIG die the death it so richly deserves.

Thus, a planned "Conservatorship."

Or, of course, a giant, taxpayer-funded loan so that irresponsible managers and undeserving shareholders can be bailed out of their fates by socializing their losses.

Please let this just be a momentary brain fart for Bernanke and Paulson. Some things deserve to die, and the remains chewed up by the vultures. Let capitalism work, guys. None of you had the foresight or guts to stop the 0rgy of bad credit, and you need to let it pass now.

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