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The one thing that underwriters have to be especially good at and trusted for is the evaluation of degrees of risk. This seems to the very area where AIG has been particularly inept and untrustworthy.

“AIG is executing one of the most extensive corporate restructuring programs in history,” said Edward Liddy, Chairman and Chief Executive Officer, AIG. “The formation of AIU Holdings, Inc. will help protect and enhance the value of these key businesses, and position them for the future as more independently run, transparent companies.”

How much do you want to bet they’re repackaging their holdings to put all the bad apples in the bag the taxpayers ultimately get stuck with?

This remark dishonors thieving, morally-bankrupt pieces of crap everywhere.

And we change AIG to AIU and we’ll all have a nod off and forget how their one division [with the help of the willing and greedy] brought a global economy and the United States of America to its knees.

And you know what? The unknown comic wasn’t very funny. In fact, if he was funny at all it was because he was so ludicrous. But then, maybe he was a brilliant prophet. Scream out “hope and change” and the public will go wobbly, worship your every word. Talk about a “post-racial” society and then charge every opponent with racism and voters will claim you’re the Messiah they’ve been waiting for. Insist that we can spend our way out of a Depression and fight growing deficits with monstrous debt. People cheer and sway and sing Hallelujha. And then, we start teaching 2+2=5 or 6 or whatever number turns you on.

Who would have thunk it? The Rapture has arrived.

This isn’t a joke. Your TV does not need adjustment. This is a real time tragedy and we’re trapped, everyone of us, inside the damn box.

In old silent comedies, a person down on their luck would present themselves naked, covered only by a wooden barrel. Is this the 2nd millennium equivalent-Americans in Underwear?