AIG, bad investment for taxpayers

The buyout of AIG is a another failed blunder of the Bush Administration,and both Democrats and Republicans who are in favor of this buy out still don’t get it. All these folks are following all over themselves taking our tax payer dollars and giving it to corporations who have failed, so they can say look at we did. The U.S Government was never designed to use tax payer money to bailout failed companies where CEO’s have been allowed to look the other way when it comes to running companies then walk away with millions of dollars in retirement packages, leaving these companies a mess. The U.S Government only has limited powers when it comes to private corporations and buying failed corporations is not what the writers of our constitution wanted. We are not Venezuelan Hugo Chavez Government that can just but private companies because we don’t like the way there being run and make them a government run agency. These companies should fail, they have made bad decisions without caring about the repercussions of doing bad business and now we are going to award them by throwing good money at bad dealings, it doesn’t make since. Look at the market today it still lost 449 points there was no rebound. Right now Harry Reed and Nancy Pelosi are in discussions with the 3 big automakers to give them a 5 billion dollar bailout, it must be Christmas time.