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I'm not saying "Let AIG and everyone else fail".. what I'm saying is that this has been a long time coming. The government in general has had plenty of time to write and consider something like this so that it is done right and they aren't just throwing money at a problem with no idea of what it will specifically go to or how to make sure the investment they are making will work. Now people are all upset that the bill didn't pass b/c there are some who want to make sure it's done correctly and that it will work.
I know that it's something that will need to be done either way.. I just don't see why a lot of people are freaking out that there are other people who want to make sure it's done right and the money is used for the right things.
In my line of work, I have to deal with buyers. Let's say they got too heavy in inventory because the sales didn't come like they thought they would. So they ask us for some help in the form of money to help stimulate sales (usually in the form of markdowns). If we send them a check for markdowns, we expect certain things to happen - like we expect them to drop the retail so that people may be more interested in purchasing the item at the lower cost. If that doesn't happen and the buyer just pockets the check to his/her bottom line, the retail stays the same, they continue to sit on the inventory and the problem still exists.
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