Tag Archives: bailout

Government Motors

Posted on June 1, 2009 by Thanos

Government Motors GM? Today they get their final lifeline… 30 billion more in Taxpayer dollars, but still bankrupt: But the officials said Sunday they would try to steer clear of getting involved in the automaker’s day-to-day operations, though the government … Continue reading →

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Drowning the Taxpayer in Debt: Priceless

Posted on May 14, 2009 by Thanos

Drowning the Taxpayer in Debt: Priceless There are some things your tax dollars shouldn’t buy…

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Pork Bubbles: Graphic Representation of the Stimulus Bill

Posted on February 10, 2009 by Thanos

Pork Bubbles Now that the porkathon in Congress is over and the Stimulus bill certain to pass, it’s time to look at what your congresscritters hath wrought. There’s a great graphic representation of it over at the Washington post that … Continue reading →

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Automakers Get 17.4 Billion of Our Money

Posted on December 19, 2008 by Thanos

I’m a confirmed, committed capitalist but the bailout of Detroit is not capitalism at all — it’s corporate socialism, or you could call it Union Welfare as well. This is sickening beyond belief so I will reprint the new Chrysler/GM/Ford ad, Continue reading →

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Washington Changed Dennis Moore

Posted on October 25, 2008 by Thanos

Nick Jordan points out Dennis Moore’s culpability in the current fiscal crisis, and for the bailout package:

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The Democrats are Burning Down the House and Wallstreet

Posted on October 9, 2008 by Thanos

We must fix or rollback the securitization provisions of the Community Reinvestment Act or we will simply be back here in ten or fifteen years wailing about another near Trillion dollar bailout. This must stop, neither housing nor credit is a … Continue reading →

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What Just Happened???

Posted on October 3, 2008 by Thanos

What really did happen? Who enabled Countrywide to loan money on houses over the heads of many? Who created the atmosphere in which banks were often picketed if they turned down loans? Who made their campaign cry the last decade … Continue reading →

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Bailout Plan General Agreement Reached: Plan Being Written Now

Posted on September 28, 2008 by Thanos

I like it that they are metering the money with checkpoints, I like it that there are these and other limits. What I don’t like is that there will be fees on the financial services industry as part of the agreement if they don’t turn this around in five years. Continue reading →

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John McCain on the AIG Bailout

Posted on September 17, 2008 by Thanos

ARLINGTON, VA — Today, U.S. Senator John McCain issued the following statement on the situation in the financial markets and AIG: “Today, the government was forced to commit $85 billion to stop the collapse of AIG, another in a growing … Continue reading →

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