Last week, we American taxpayers bought ourselves AIG. I’ve never owned an insurance company, but I do have a few proposals about running our new enterprise:
- Let’s outsource for cheap labor in China and India.
- Let’s not insure any high risk people.
- Let’s continually raise premiums.
- If there are claims, let’s dispute them.
- Let’s hire an army of lobbyists to get politicians passing laws that favor us.
- Let’s pay ourselves great big paychecks with huge stock options and bonuses.
- If we do happen to get into financial trouble, let’s have some government bail us out.