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A new war on financial ruin has begun, and perpetual is the solution. TRANSCRIPT:Our nation teeters on the brink of financial collapse. Desperate, helpless, with so much potential, yet so close to a terrible, premature ending. But there is a way to safety. A new war on financial collapse, to keep the serpent of economic ruin at bay.You see, from the day you were born, we have taken care of you. Fed you when you were hungry. Awakened you from slumber. Vaccinated you against disease. Straightened your teeth when they were crooked. We put you on the long conveyor belt of life, with all its wacky excitement and close camaraderie. We took such delicate, studious care to determine your path in life. Who should work in the factory and who should become educated. There s never been a day we haven t agonized over your well being. At times we appear fearsome, because of our wealth and might and power. Yes, you may fear us at times, but we d never do anything to harm you. And now we need your help to fight this new dangerous war on economic collapse. A perpetual bailout that will be necessary to keep the serpent at bay. You see, there will be more bailouts, they will be constant and ongoing. Financial collapse will never be more than days away. So when we ask you again for more money, for more bailouts, you will be patriotic and support the bailouts. Yes, we are wealthy, and yes the bailouts help us remain wealthy, but that is how the system works, and we will plunge into complete chaos otherwise. We are at the edge of a precipice, still alive, still fighting, but if you don t support our perpetual bailout strategy, it will soon be too late. There is a tipping point beyond which we can no longer rescue you, and then everything will go dark. So if you see the bailout plan as something hard to swallow, remember that our financial crisis is your fault. You bought a house you can t afford, you ve overused your credit cards, you go out to dinner when you should be home eating rice purchased with coupons clipped diligently from the Sunday paper. Where were you when things were going wrong? You didn t say a word. Oh, but now you re upset about the bailout. The way an arsonist gets upset that his house has burned down. Remember, its for your own good. You don t want the nation to turn into a chaotic police state, with the constitution suspended and the government resorting to unnecessary wars in order to rally support and retain power. You must support perpetual bailout, or surely we all shall perish.

Find out how AIG spent $400,000 at a Spa in California after getting 85 Billion from the US government. Funny phone call.

Other informative youtubers manoftruth hopefl1 kittenkatten endlessmountain george4title March 17th 2008 http://www.youtube.com/watch?v=aqRsjie3Quc It was just 6 months ago I predicted- -Gas hits 4 -Dow 7,000-8,000 within a year -S&P 600-800 within a year -I also noted that we wouldn't see things kick into high gear until September of 2008. - Food inflation- which currently is at 10.5%

Betcha haven't thought of THESE yet. http://www.theresident.net Shirt by http://www.misswit.net Author: theresident Keywords: economic crisis wall street bailout money saving tips aig Added: October 10, 2008

Oct. 9, 2008, 4:15 p.m. ET - The sellers took control of the trading floor late in the session, reversing early gains. AIG was hit by news of new loans, while IBM gave a lift to some technology stocks.

Dismal sales from mall-based apparel chains offered more fresh evidence that American consumers, spooked by the financial meltdown, shut their wallets tight last month. The AP's Mark Hamrick reports. (Oct. 9) Author: AssociatedPress Keywords: national debt minute: retail sales aig Added: October 9, 2008

Author: gnooze Added: Thu, 09 Oct 2008 11:53:20 -0800 Duration: 199Interest rates cut the world over, N. Korea reportedly fires test missiles and AIG gets another bailout. Marta Costello hosts the gnooze (the g is silent) - today's top stories in about 3 minutes. Bloopers, t shirts and more at http://gnooze.com ! Music by Pistol Youth: http://www.facebook.com/profile.php?id=19522968720 and Special Thanks to Lettuce for the t-shirt/logo design - http://www.lettuceoffice.com

then, people might learn a lesson!!!

Interest rates cut the world over, N. Korea reportedly fires test missiles and AIG gets another bailout. Marta Costello hosts the gnooze (the g is silent) - today's top stories in about 3 minutes. Bloopers, t shirts and more at http://gnooze.com ! Music by Pistol Youth: http://www.facebook.com/profile.php?id=19522968720 and Special Thanks to Lettuce for the t-shirt/logo design - http://www.lettuceoffice.com

October 9th, 2008, 10:15 AM ET - IBM profits up 20 percent, AIG asks for more money

We are all living in fragile glass houses now financed with fragile glass mortgages, looking for somebody to throw stones at for our woes. We don’t want to face the fact that we have lived on borrowed money for far too long, buying things we neither really needed nor really wanted. We don’t want to face the fact that many of us have been living high on the hog when we could barely afford scrapple. Nobody is lining up to take the blame for shopping till we dropped when we had not set aside a percentage of our salary for a rainy day. America has been keeping up with Jones’, keeping up appearances, putting on airs and fronting for so long, we never realized the Jones’ were just putting on airs keeping up appearances and fronting for us. Driven by contemporary concepts like material girls, divas and a culture of me first, designer labels, immediate gratification, entitlement without consequences, guys associating the size of their peckers by the dimensions of their flat screens, we have

Scott Drake and Congressman Ron Paul discuss his opposition to the credit bail out and future economic implications.

http://TimothySykesExposed.com/bailout Are You Tired Of Corporate Scandal? Where Is Your October 7, 2008 Insurance Hearings Lynn Turner (ex SEC chief accountant) Eric Dinallo - NY Regulator Cummings (D-MD) 10/7 AIG Executives Scandal $500K Spa Resort Vacation Party after Bailout! WASHINGTON (AP) Days after it got a federal bailout, American International Group Inc. spent $440,000 on a posh California retreat for its executives, complete with spa treatments, banquets and golf outings, according to lawmakers investigating the company's meltdown. AIG sent its executives to the coastal St. Regis resort south of Los Angeles even as the company tapped into an $85 billion loan from the government it needed to stave off bankruptcy. The resort tab included $23,380 worth of spa treatments for AIG employees, according to invoices the resort turned over to the House Oversight and Government Reform Committee. The retreat didn't include anyone from the financial products division that nearly drove AIG under, but lawmakers still were enraged over thousands of dollars spent on outing for executives of AIG's main U.S. life insurance subsidiary. "Average Americans are suffering economically. They're losing their jobs, their homes and their health insurance," the committee's chairman, Rep. Henry Waxman, D-Calif., scolded the company during a lengthy opening statement at a hearing Tuesday. "Yet less than one week after the taxpayers rescued AIG, company executives could be found wining and dining at one of the most exclusive resorts in the nation." Former AIG CEO Robert Willumstad, who lost his job a day after the Federal Reserve put up the $85 billion on Sept. 16, said he was not familiar with the conference and would not have gone along with it. "It seems very inappropriate," Willumstad said in response to questioning from Rep. Elijah Cummings, D-Md. "Those executives should be fired," Democratic presidential candidate Sen. Barack Obama said at a debate with Sen. John McCain on Tuesday, referring to the retreat participants. Obama also said AIG should give the Treasury $440,000 to cover the costs of the retreat. But Eric Dinallo, superintendent of the New York State Insurance Department, said he could see the value of such a retreat under the circumstances. "Having been at large global companies and knowing what condition AIG was in ... the absolute worst thing that could have happened" would have been for employees and underwriters in its life insurance subsidiary to flee the company. "I do agree there is some profligate spending there, but the concept of bringing all the major employees together ... to ensure that the $85 billion could be as greatly as possible paid back would have been not a crazy corporate decision," Dinallo told the House committee. The hearing disclosed that AIG executives hid the full range of its risky financial products from auditors as losses mounted, according to documents released by the committee, which is examining the chain of events that forced the government to bail out the conglomerate. The panel sharply criticized AIG's former top executives, who cast blame on each other for the company's financial woes. "You have cost my constituents and the taxpayers of this country $85 billion and run into the ground one of the most respected insurance companies in the history of our country," said Rep. Carolyn Maloney, D-N.Y. "You were just gambling billions, possibly trillions of dollars." AIG, crippled by huge losses linked to mortgage defaults, was forced last month to accept the $85 billion government loan that gives the U.S. the right to an 80 percent stake in the company. Waxman unveiled documents showing AIG executives hid the full extent of the firm's risky financial products from auditors, both outside and inside the firm, as losses mounted. For instance, federal regulators at the Office of Thrift Supervision warned in March that "corporate oversight of AIG Financial Products ... lack critical elements of independence." At the same time, PricewaterhouseCoopers confidentially warned the company that the "root cause" of its mounting problems was denying internal overseers in charge of limiting AIG's exposure access to what was going on in its highly leveraged financial products branch. Waxman also released testimony from former AIG auditor Joseph St. Denis, who resigned after being blocked from giving his input on how the firm estimated its liabilities. Three former AIG executives were summoned to appear before the hearing. One of them, Maurice "Hank" Greenberg who ran AIG for 38 years until 2005 canceled his appearance citing illness but submitted prepared testimony. In it, he blamed the company's financial woes on his successors, former CEOs Martin Sullivan and Willumstad. "When I left AIG, the company operated in 130 countries and employed approximately 92,000 people," Greenberg said. "Today, the company we built up over almost four decades has been virtually destroyed." Sullivan and Willumstad, in turn, cast much of the blame on accounting rules that forced AIG to take tens of billions of dollars in losses stemming from exposure to toxic mortgage-related securities. Lawmakers also upbraided Sullivan, who ran the firm from 2005 until June of this year, for urging AIG's board of directors to waive pay guidelines to win a $5 million bonus for 2007 even as the company lost $5 billion in the 4th quarter of that year. Sullivan countered that he was mainly concerned with helping other senior executives.

http://www.pbs.org/newshour/bb/business/july-dec08/solmancredit_10-07.html Insurer AIG is among the financial titans to hit troubled times in the recent Wall Street crisis. Paul Solman takes an in-depth look at the woes at AIG and explains how credit default swaps played a role its financial turbulence. You can ask Paul questions through the NewsHour's Business Desk at: http://www.pbs.org/newshour/businessdesk/ Author: PBS Keywords: aig bailout bernanke credit crisis crunch economy jim lehrer loan market mortgage newshour paulson rescue street wall Added: October 8, 2008

AIG gets an 85 billion dollar bail out and then goes and has a party at the St. Regis hotel that cost $440,000! That's OUR money! That stinks!

Conservative Congressman Ron Paul discusses the AIG and credit market bailout. He also discusses Congressional oversight on the use of the funds and the possibility that this will only lead to more problems later. He calls it Socialism and a bad monetary

Executives blow nearly a half million at resort days after federal bailout.

In the wake of the $700 billion bailout, the public is finally getting a look at the faces behind the financial crisis. On October 7, the Committee on Oversight and Government Reform grilled former AIG CEOs Robert Willumstad and Martin Sullivan. During the five-hour hearing the executives tried to dodge blame as congress members harshly criticized their management of AIG and questioned their compensation.

Comedy on your phone at m.rooftopcomedy.com. Rooftop films comedy every night from the clubs around the world, updating RooftopComedy.com every day with the best and edgiest comedy. Check out the site or watch right now on your phone at m.rooftopcomedy.com Author: rooftopcomedy Tags: crash bank dow economy money finance aig burger double stack delicious poor Posted: 08 October 2008 Rating: 0.0 Votes: 0

Not all of the $85 billion that went to AIG was used to save the company.

When one finds himself daily chronicling the collapse of a once trusted administration, albeit short lived, a once thriving economy, causing the collapse of a once thriving empire while the world watch their hopes and dreams follow suit , it is sometimes difficult to single out the most critical event on any given day to give ones attention to. Whether it was another winning performance in last night’s debate for Barack Obama over John McCain in the town hall meeting environment McCain has been begging for, or the story breaking about Wall Street (A.I.G) executives partying like it was 1999 with taxpayer bailout money as they rewarded themselves for a job poorly done, or the emergency .5 basis pt. drop by the Federal Reserve, there is always something that seems to trump all others when pushed to make a choice. Our choice of the hottest issue of the moment is the real fundamental crisis that must be solved to get the country back on its feet. Americans need jobs, jobs, jobs and m

Two AIG CEOs testify to Congress about their use of taxpayer bailout money.

Oct 7 - U.S. Lawmakers criticized American International Group on Tuesday for ignoring financial warnings and for lavish spending.AIG'S troubles stem from guarantees it wrote on mortgage-linked derivatives that resulted in $18 billion in losses over the last three quarters. Jon Decker reports. Author: ReutersVideo Keywords: AIG American International Group Added: October 7, 2008

Two AIG CEOs testify to Congress about their use of taxpayer bailout money.

Today, the Oversight Committee is holding a hearing to examine the regulatory mistakes and financial excesses that led to government bailout of AIG. Learn more about the hearing at: http://oversight.house.gov/story.asp?ID=2211 Author: NancyPelosi Keywords: Oversight Congress AIG bailout Van Hollen Added: October 7, 2008

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Independent World Cinema GLOBAL Indy Filmmakers Buy Independent Films on DVD WWW.FILMBAY.COM Filmbay Sundance, Raindance, Slamdance, Moondance etc. others. About Filmbay: self-distribute your own films online keep all rights maximize your sales profit pitch your latest project be your own agent option your film, script, music buy and sell independent films & music showcase your film, script, music, acting, artwork publish your essay, MA & Phd thesis online chat with filmmakers communicate & collaborate For Writers, Actors, Directors, Producers,Music Composers, Artists and everybody interested in the World of Film. FILMBAY http://www.filmbay.com/

Today, the Oversight Committee is holding a hearing to examine the regulatory mistakes and financial excesses that led to government bailout of AIG. Learn more about the hearing at: http://oversight.house.gov/story.asp?ID=2211 Author: NancyPelosi Keywords: Oversight Congress AIG bailout Speier Sullivan Added: October 7, 2008

Oct. 7, 2008, 4:15 p.m. ET - Investors listened in to Fed chief Bernanke talking about the economy. Morgan Stanley stumbled and Bank of America fell after posting big profit drop