If they can socialize the risk of investing, they can socialize the risk of getting sick. Or, you'll have to explain to me why losing your investments is more worthy than losing your health. People should remember that investments are inherently risky, the degree of risk you assume is supposed to be rewarded by potential gains. The operative word is "potential" and it is never guaranteed. If risk were guaranteed, then we could all head to Vegas and gamble without fear of losing our shirts, because we'd know that someone else would be paying off our debts. And, despite what some would have you believe, buying a house does not guarantee that its value will go up. House values can stagnate below the rate of inflation; values can fall below the value of the mortgage. As long as you can make the payments (because you didn't sign on to an ARM, banking on a quick turnaround sale), you simply stay in it until the market improves. One day, you won't be under water on it -- it just might take 10 or 15 years. That is life.

[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]

Ms. Yancy, I too wish that no child should have to suffer. Unfortunately, so many people have children with no means to support them, and so many of these irresponsible people are sneaking into our country and dumping the responsibility of providing for themselves and their children on the backs of everyone else. I cannot tell you how bitterly that I resent our hard-earned tax dollars being spent on people who have no regard for our laws, our people or our culture. Ms. Yancy, my grandmother was a hired girl on a farm, so I want you to know that I am far from being an important person. My family knows what hard work is. We do not understand why people who sneak into our country, march up and down our streets waving their foreign flags in our faces, making threats and demands should be getting one cent of our money. They give birth to their children at our expense, then trot down to the Mexican consulate to register them as dual citizens with Mexico. They raise their children to be Mexican, but the American people have to pick up the bill for their health, education and welfare. They have more benefits than U.S. citizens! That makes no sense to me, but then I am just a plain person.

[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]

Ms. Yancy, I too wish that no child should have to suffer. Unfortunately, so many people have children with no means to support them, and so many of these irresponsible people are sneaking into our country and dumping the responsibility of providing for themselves and their children on the backs of everyone else. I cannot tell you how bitterly that I resent our hard-earned tax dollars being spent on people who have no regard for our laws, our people or our culture. Ms. Yancy, my grandmother was a hired girl on a farm, so I want you to know that I am far from being an important person. My family knows what hard work is. We do not understand why people who sneak into our country, march up and down our streets waving their foreign flags in our faces, making threats and demands should be getting one cent of our money. They give birth to their children at our expense, then trot down to the Mexican consulate to register them as dual citizens with Mexico. They raise their children to be Mexican, but the American people have to pick up the bill for their health, education and welfare. They have more benefits than U.S. citizens! That makes no sense to me, but then I am just a plain person.

[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]

Ms. Yancy, I too wish that no child should have to suffer. Unfortunately, so many people have children with no means to support them, and so many of these irresponsible people are sneaking into our country and dumping the responsibility of providing for themselves and their children on the backs of everyone else. I cannot tell you how bitterly that I resent our hard-earned tax dollars being spent on people who have no regard for our laws, our people or our culture. Ms. Yancy, my grandmother was a hired girl on a farm, so I want you to know that I am far from being an important person. My family knows what hard work is. We do not understand why people who sneak into our country, march up and down our streets waving their foreign flags in our faces, making threats and demands should be getting one cent of our money. They give birth to their children at our expense, then trot down to the Mexican consulate to register them as dual citizens with Mexico. They raise their children to be Mexican, but the American people have to pick up the bill for their health, education and welfare. They have more benefits than U.S. citizens! That makes no sense to me, but then I am just a plain person.

[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]

Copy and paste this link

http://tinyurl.com/49a3cj

To Read "AIG subsidiary parties in style in OC, two weeks after bailout"

This luxury party included rooms at over $500 per night and sumptuous meals.

AIG's explanation is that this is a successful subsidiary not involved in the parent companies financial difficulties. Yeah, right. Just because the daddy company owns the baby company, that doesn't mean they should be made to use the baby's profits before asking for a hand-out.

I'm pretty sure a poor woman applying for food stamps would have her baby's trust fund considered when determining eligibility!

Get used to bending over and taking it folks! This has just begun! Wall Street will dance while Main Street burns.

[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]