Good Lord, Gov Palin understands the financial crisis while Obama is speaking gibberish. Palin said that she was “Dissapointed that taxpayers are called upon to bailout another one. Certainly AIG though with the construction bonds that they’re holding and with the insurance that they are holding very, very impactful to Americans so you know the shot that has been called by the Feds its understandable but very, very disappointing that taxpayers are called upon for another one.”
She is exactly right. This bailout is very bad, but letting AIG go down would be catastrophic on the financial system. I don't know how much of AIG problems are it's own fault, but letting it fail would freeze the credit market.
Meanwhile Obama's statement is so confusing you have a difficult time figuring out if he thinks the bailout was a good or bad decision. Well, I guess that makes him a good politician. Say something, anything, but don't make a decision.