$30 Billion More To AIG

Like a crackhead with absolutely no sense of personal responsibility, the U.S. government is dumping another $30 billion into global financial deadbeat AIG.

Seriously, people. What the hell are we doing?

How many billions more have to go down the drain before somebody finally realizes that government deciding which companies are “too big to fail” is lousy public policy.

Anyway, AIG is posting a $62 billion loss today, which is pretty friggin’ amazing when you consider that the government loaned the company $60 billion, purchased $40 billion worth of its preferred stock and absorbed $50 billion of its, um, “troubled” assets just last year.

That’s $150 billion to rescue one company, folks.

One stinking company.

And it’s all going down the drain.

Meanwhile, none of this is making a damn bit of difference on our economy, which continues to fall off a cliff like somebody pushed it …

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