AIG has to GO - Just another day in the mortgage mess

I was reading the New York Times today, "AIG Sues Government for Return of $306 Million in Tax Payments".

Are the Executives of AIG, citizens of the United States? The reason I ask if they are citizens is because as citizens this means they are ultimately suing themselves. Taxpayers, which includes AIG Executives, own 80% of AIG. The actions of AIG seem pathetic. What is more pathetic is how our government considers itself a hostage of AIG. President Obama even went as far as comparing AIG to someone strapped with a bomb, holding the detonator, which in my opinion meant that AIG is holding the US Government hostage. If this is the case, then how are the actions of AIG Executives not considered financial terrorism?

It seems like AIG has to go! There has to be a way that AIG can go and, in doing so, not destroy the financial backbone of the entire world. How did Congress and regulators let this company get this far out of control. Who ran the United States government these past 5 years, AIG? I would like to know who received contributions from AIG. If Congress is asking AIG to supply the employees who received bonuses, then I would like to know who in Congress received contribution money from AIG over the past five years. I would also like it if President Obama and Treasury Secretary Geithner asked these individuals to surrender their funds to US taxpayers. Seems fair.

I hope this government will stop spending money. I do not understand why they cannot implement my "Sleepy Loan" lien idea and get money flowing into this economy without us going further in debt. Congress is out of control it seems. Someone has to pull in the reins instead of going on the road and doing Town Hall Meetings and Jay Leno it seems.

I will end this blog entry with a quote by Bernard Baruch, "The stereotype of bankers as conservative, careful, prudent individuals was shattered in 1929."This mess should have never happened!

Stay tuned...I have more to share. Just another day in the mortgage mess!