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Thread: AIG: Thank You America, But We May Sue You

  1. #61
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    Re: AIG: Thank You America, But We May Sue You

    As noted in the past, I believed AIG should have been wound down in an orderly fashion. Any participation by AIG in a lawsuit against the government is just one of the unintended consequences of the choices that were made. In any case, I doubt that in the shareholders will prevail the litigation given the applicability of precedents associated with failed banks.

  2. #62
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    Re: AIG: Thank You America, But We May Sue You

    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  3. #63
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    Re: AIG: Thank You America, But We May Sue You

    So let me get this straight. We bailed them out and now they are complaining that the terms of the bailout caused a reduction of their assets, and now they should be compensated for lost profits? Just how do these corporations get off on demanding more money from us? If they didn't like the terms of the bailout they shouldn't have signed the deal, and instead went bankrupt.

    Beggars can't be choosers, not that they were so poor in the first place. I really wish the conversation about socialism in America would focus more on corporate socialism. It is ruining the nation.

  4. #64
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    Re: AIG: Thank You America, But We May Sue You

    Quote Originally Posted by justabubba View Post
    After seven pages of cussing and discussing, they are pulling out? They're no fun at all, are they?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  5. #65
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    Re: AIG: Thank You America, But We May Sue You

    Quote Originally Posted by Henrin View Post
    There is no reason to expect that market value or any other amount make a difference at all. Its all just opinion on what is “just” compensation.
    Well yeah it is “opinion”, what is just compensation. Based on sound reasoning, mastery of the English language, legal precedent, and such. That is why we have judges and SCOTUS. To figure out the details of “just”, and “reasonable”, and other such legal metrics and standards. Because attempting to write a Constitution that enumerated everything single detail would not only take a metric buttload (official SI unit of measure! ) of text, it would also inevitable fail to cover something, not to mention within years break because something in the world (our knowledge and understanding of the world, commerce realities, etc.) would change and it would not make sense anymore. In the same vein it would also remove room for laws (and guidelines regulations, enacted by the Executive Branch under laws) to work within it in.

    It short it would weaken the Constitution to the point of being unworkable.

    Constitutions work best as light frameworks, with little meddling and relatively infrequent changes. Just take a look at the mess California has gotten itself into with its relatively numerous and frequent amendments, and that is small potatoes compared to the detail you seem to be expecting.
    How is that even possible? The very interpretation doesn't hold up to it.
    Of course it does hold up, which is why it has has long (AKA always) been understood in that manner.

    You have some serious reading comprehension issues, coupled with what appears to be wishful thinking. I understand your desire for property rights in the vein of Jefferson’s voiced opinions, but that did not happen. They are not in the US Constitution, they have never present in the US Constitutional law, and realistically speaking it is very unlikely they ever will. Certainly not in the near future.

    So what you wish for is some different country, some different government structure. Which is fine, holding such a desire is entirely valid. Maybe it would even be a better country, at the very least from some people’s POV. *shrug* But all you will earn from deluding yourself into thinking that such is the case with the US Constitution, that it is this country, is the label of ‘loon’. So I urge you to make that adjustment. Separate your wishes from reality and understand the distinction.

    I say this with some self-interest, as that sort of thing has over the years significantly splashed over the perception onto “libertarian”.
    Last edited by Dwight; 01-09-13 at 08:50 PM.

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    Re: AIG: Thank You America, But We May Sue You

    Quote Originally Posted by Dittohead not! View Post
    After seven pages of cussing and discussing, they are pulling out? They're no fun at all, are they?
    Reminds me of my first marriage, only slightly shorter.

  7. #67
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    Re: AIG: Thank You America, But We May Sue You

    Quote Originally Posted by Dittohead not! View Post
    After seven pages of cussing and discussing, they are pulling out? They're no fun at all, are they?
    damn it
    they took the chum out of the water
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  8. #68
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    Re: AIG: Thank You America, But We May Sue You

    Quote Originally Posted by Northern Light View Post
    So let me get this straight. We bailed them out and now they are complaining that the terms of the bailout caused a reduction of their assets, and now they should be compensated for lost profits? Just how do these corporations get off on demanding more money from us? If they didn't like the terms of the bailout they shouldn't have signed the deal, and instead went bankrupt.

    Beggars can't be choosers, not that they were so poor in the first place. I really wish the conversation about socialism in America would focus more on corporate socialism. It is ruining the nation.
    This had nothing to do with "socialism" on their part at least.

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