American Insurance Group Aig
I do not know about you, but I'm very tired of sacrificing consumer and powerful country in the vote (Me & You). We are slowly becoming the land opportunities to land the right (our ancestors must be delivered in his grave). The problem is that they are being forced to socialism for the few corrupt (including our political system does not need a third party) the majority (again, reactionary Congress). Congress fixes: more regulations to regulate the regulators? Our political systems are trying to put the blame on Wall Street! Nonsense. Do not fix the problem at source, we are operating in the legislation of 1930. For example: What happened to the SEC / NASD (now FINRA)? Department of Banking and Insurance? Sleep? Or pay big dollars for poor performance? Let rewarding bad behavior.
Let's talk about real issues, as they call on "Main Street".
The bailout of the banking system
· First Freddie and Fannie. The purpose of Freddie and Fannie nominal securing a mortgage, the government's role is to ensure "lost" in Freddie and Fannie, not the entire company. Freddie and Fannie do not service loans, sell them, therefore, another bank bailout, not a consumer. The consumer lost everything, shares and dividends. A meeting was held secreted in a weekend and took charge of a private company. Welcome to the new Russia.
• 2 sessions, the PMI, the purpose for which consumers pay PMI? For INSURANCE for banks in case of failure! So what happened to all the money paid into the PMI?
• 3 °, Wamu, Merrill Lynch, Lehman Brothers, Bear Sterns, this is the free market system, the United States is about failure and success. They collapsed due to mismanagement and investments that I have bought! Consumers hose again.
The 4th, AIG. Why rescue? Again, the consumer takes the hit.
· Attention Health, the government can not control Medicare and Medicaid: socialized medicine! Think you could learn from Canada. The areas that need help are hospitals that close each day so-called "safe." They use emergency rooms for medical care, hospitals can not refuse treatment. They do not buy insurance regardless how cheap it is.
I'm not sure what world these people live in, but they have no idea about the bubble in DC think we have to move from Washington DC Kansas (Kansas-only joke I do not want to mess on you.) Our economic system will weed the good from the bad in itself (Enron, etc.) Unfortunately for us the tax bill we lose our money and the potential revenue (AIG, GM, FORD, among a few who have suspended dividends and stock values down to sell).
Solution? Economic decisions:
1. Not, as evidenced by the performance of the system of another failure is another gold mine. Everything is bought, Goldman Sachs and Morgan Stanley to pursue opportunities for banks to become a monster. That's free enterprise!
2. National Institute of sales tax (VAT all) that enters a holding company in order to help hospitals without insurance, mortgages, health care premiums. Also a special tax burden to companies not go to their money abroad back to the U.S. Patriot for taxes. A trust company can manage the assets and redistribute as a foundation for application.
3. Reduce corporate taxes to 20-25% or less for firms that create U.S. jobs and the money back to the patriots abroad in the U.S. tax system. For those who No: tax rate increase.
4. Give tax credits for health care, mainly HSAs (savings to health). They lower premiums, save a ton on FICA taxes, receive tax deductions for funding consideration for employees and help employers ensure catastrophic emergencies (Such as heart attacks, feeds, etc.) Cover how much they are responsible for one of the largest bankruptcies remains health care. As an example, and HA-pocket 1500 1500 out of pocket hospital stay, maximum liability 3000! There is the rule of 80/20% after reaching your deductible.
5. High political purposes electoral pressure groups etc.
6. This time, sign the agreement of alternative energy, I'm tired of sending more than $ 700 million and growing for lunatics.
7. Vote them out, the government less voice-over "Main Street", not their own selfish interests.
Let your voice heard. Keep America the best and strongest country in the world free trade.
I’m Frank J. Eberhart, CEP, RFC and a high net worth financial advisor and author that provides health care, 401K, wealth services and institutional money management to my clients, and have an HSA for my own company. My next book will address the 401k, health care, and how to obtain an SBA loan (fill in the blanks and take it to the bank!)
My current book will help you set up your estate, budgets, and investments it is designed to help you understand how it works.
Happy reading
“Life is more enjoyable when you can afford it.”
American International Group. AIG Fights For Survival. (part 3)
|
|
Charlie Rose – Hank Greenberg / Bob Woodward (September 16, 2008) $1.99 … |
|
|
Fallen Giant: The Amazing Story of Hank Greenberg and the History of AIG $4.58 A unique insider view into the recent AIG crisis and Hank GreenbergFor nearly 40 years, Maurice “Hank” Greenberg was one of the most powerful CEOs in America. He built American International Group (AIG) from a second-rate insurer with a great Chinese franchise into one of the world’s most profitable companies. But times have certainly changed, and now, in the Second Edition of Fallen Giant, author… |
|
|
The AIG Debacle: Global Impact and the Need for Government Intervention (Global Economic Studies) $126.00 American International Group, Inc. (AIG) (NYSE: AIG) is an American insurance corporation. According to the 2008 Forbes Global 2000 list, AIG was once the 18th-largest public company in the world. It was listed on the Dow Jones Industrial Average from April 8, 2004 to September 22, 2008. AIG suffered from a liquidity crisis when its credit ratings were downgraded below ‘AA’ levels in September 200… |
|
|
The AIG backdoor bailout: but a bailout of whom?(American International Group)(Statistical data): An article from: The International Economy $9.95 This digital document is an article from The International Economy, published by International Economy Publications, Inc. on March 22, 2010. The length of the article is 2061 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: The AIG … |
