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Welcome to The Undercurrent

AIG

Obama, No Take-Backs

The Washington Post recently reported that the federal government has changed the rules of the $1 trillion program to relieve…

Broken Windows, Broken Principles

In spending its way to economic recovery, the government boldly casts principles aside Many Americans have experienced the adverse consequences…

AIG Executives and Mob Rule

The recent bonuses paid to executives in the financial division of AIG have created a firestorm. In response to the…

AIG Witch Hunt

The continuing AIG controversy is a textbook example of blaming the market for the sins of government. Rather than allowing…

No Bonuses = No Contract Law

Over the last few days Washington has been denouncing AIG for paying out retention bonuses to employees in its financial-products…