$85 Billion dollars later, we are witnessing yet another McBillion bailout- billions served to American International Group, Incorporated (AIG).  This after the government stepped in to seize Fannie Mae and Freddie Mac with a cost that will be told at nearly $100 billion of taxpayer money.

When will this end?  Will we see more bank and insurance company failures in the next few days or has the hemmorrhaging stopped?

There is a new American model for our economy these days- Privatized Profiteering and Socialized Losses.

What’s your take?  Are our economic fundamentals sound?