Again, I want to highlight a success of the Obama administration.
AIG, one of the largest insurance company that was on the brink of collapse only 2 years ago, has announced a very probable plan of repaying the federal govenment that own 92% of the failed giant. The experts agree that this will happen and that the Fed will make a profit from this investment.
Now for those of you that struggle with history, AIG, because of financial deregulation, was allowed to partcipate in the underwriting of financial securities that when the markets contracted put them in a position of defaulting on certain trades through out the world, and had Pulson not have encouraged congress to loan them money via perferred stocks and bonds, the failure of this company would have wrecked the entire financial system. Having said this, the first loan was not enough, so our new administration while being heavily criticized by republicans loaned them much more money to keep this giant from failing.
The end result is that they did right things and we and world are better off for it, but the spin doctors have used this to undermine those that had your back. Please take this as another example of being misled by those that you place so much trust to better you life.