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If there were ever an argument for high income tax rates on large incomes (i.e., greater than five million), AIG is making it.
According to recent press reports, the creationist organization Answers in Genesis will merge with the troubled insurance giant American International Group. The new corporation will be named AIG, for American Indulgences Group.
I've found a good post that does a very good job of laying out some of the long range and immediate factors that lead to our current economic woes.
so apparently insurance conglomerate giant AIG is on the verge of bankruptcy, again, despite something of order $200 billion bailout from the US, which now owns 79.9% of the company
the news solution is to request the US government guarantee the outstanding CDS that AIG issued
It's annoying. They required my name, email and zip -- I'm already on their list! Then they repeatedly interrupted to get me to send to friends or sign their petition. It would be more effective to just have the game w/the various comments that are relevant to AIG.
Kelly! Sorry, I didn't have to do that when I signed on.
WARNING WARNING THIS MIGHT BE ANNOYING DEPENDING!!!!
Thanks for letting me know.
Is the target the insurance company or the creationist outfit? Either one would do.