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Since Congress seems to run businesses so well, why not...?
... have them just break up AIG into smaller companies. The divisions that hold these toxic assets could go bankrupt. The rest could continue to be profitable. It would cost us FAR less.
Congress did SO well breaking up AT&T 30yrs ago!! (But, that's another subject)
6 Answers
- 1 decade ago
Are you being sarcastic? What do you pay for long distance? I pay less than my parents did 30 years ago. Seem like a rousing success, if you ask me.
Meanwhile, the free market has demonstrated admirably that it needs a little oversight here and there.
- Anonymous1 decade ago
Do we really own over 80% of AIG .. well where is my interest seems all I am doing is paying it
- Anonymous1 decade ago
Yea I was thinking of not paying taxes this year if most of Obama's picks don't I dont see what the point is there either.
Also who here is waiting for google voice to come out? voice.google.com
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- Anonymous1 decade ago
Because socialism is their preferred solution.
They would rather tell a corporation how much money they can make, and how to spend the money.
- level4Lv 51 decade ago
Congress can't run congress. Do you really wanting them to run banking, healthcare, etc?