Newt Gingrich on AIG Bailout

So far, the American taxpayers are on the hook for $170 billion to AIG - that's an astounding $1,224 per taxpayer. What else could we have done with all this money?

$170 billion would pay for more than doubling the Navy's fleet of aircraft carriers

$170 billion would pay for a four-year education at a public university for more then two million Americans

$170 billion would cover the electricity bill of every household in America for an entire year

-- Newt Gingrich, Human Events