The AIG mess is simple. Are the execs who caused the mess still there? If so, fire them! Don't give them bonuses. Prosecute them! This is not talent that need to be retained. This is not talent at all, a monkey could not have managed the business any worse. If the bonuses go to employees who are there to straighten out the mess, then they deserve it. Problem is nobody is saying if these are the same execs.
REAL ESTATE:
Maybe not the most desired scenario, but think of this...after the massive printing of all this money fights the deflationary spiral, it will lead to an inflationary disaster. Your home and real estate holdings will increase dramatically (in dollars) because the dollar will be worth so much less. Hmmm....so your $300,000 house will be worth $1,000,000. Perhaps this is how we end the real estate crisis. Problem is it will cost three time as much (at least) for everything else.
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