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View Diary: A business woman's question for AIG. Are you freaking out of your minds? (44 comments)

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  •  This is called missing the point. (1+ / 0-)
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    3goldens

    For conservatives, the bigness of AIG is direct evidence of its greatness.

    The theory of market efficiency under which they operate comes first. Free markets are pure efficiency. This is a free market. Therefore, whomever is big is perfect. Period.

    No conservative is even mildly fazed by this. Instead, they will assume that "AIG knows what they're doing and has good reasons and those reasons and the action are good for America." Why? Because they're AIG and they're big.

    This is how much of the American public approaches this. The more a bunch of lumbering giants consider suing the U.S., the more they will assume the U.S. is the problem, not the other way around.

    The theory is a priori. Government = bad. Big business = good. Therefore, if big business sues government, it is merely more evidence that government has failed and is failing and that big business, who is by definition the good guy, is trying to save America with its suit(s).

    -9.63, 0.00
    "Liberty" is deaf, dumb, and useless without life itself.

    by nobody at all on Wed Jan 09, 2013 at 09:30:19 PM PST

    •  Well, thanks for the schooling on conservative (0+ / 0-)

      thought, although I can't say I learned anything I didn't already know from it.  And I'm not sure who's missing the point.

      It's hard to square the recent election results with the conservative idea that government=bad. Just because conservatives think so, is no win in the argument in these days in which the GOP is more and more seen as losing its relevancy to who America is.

      But the point of my diary is that putting politics aside, AIG is now guilty of looking incredibly DUMB and unconnected to the zeitgeist of our current culture.  That their actions and lack of needed action in this last week is business at its most stupid and incompetent.

      And who cares what conservatives think about it?  America and the media is not on their side in this, and if AIG couldn't see this going in, well, they're just as incompetent as Mitt Romney was, and it's not going to be a win for them.

      Regardless of your doomsday scenario, I submit that the greater chunk of America is today, enraged by the idea that AIG would sue the taxpayers that bailed them out.

      THIS is the perception, and perception is reality.
       

      "A typical vice of American politics is the avoidance of saying anything real on real issues." Theodore Roosevelt.

      by StellaRay on Wed Jan 09, 2013 at 09:51:35 PM PST

      [ Parent ]

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