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Tag Archives: Bailout
AIG: Too Immoral to Survive
Sunday, April 19, 2009 Last fall, when the Troubled Assest Recovery Program (TARP) started, it was said American International Group (AIG) was “too big to be to fail,” a fundamentally incorrect assumption applied to the government’s policy of bailing out … Continue reading
Federal Bailout Cash Goes to Political Contributions
Sunday, March 22, 2009 Where the bailout money is going has caused angst inside the Beltway. The news that AIG used Federal TARP money to pay their failed executives $214 million in bonuses resulted in plenty of outrage on Capitol … Continue reading
Quote of the Day
Tuesday, March 17, 2009 “Follow the Japanese model: resign or go commit suicide.” — Sen. Charles Grassley (R-IA), in the Washington Post on AIG executives who took bonuses despite a massive government bailout
Bailed Out Bank of America Pimps Super Bowl Fun Fest
Monday, February 2, 2009 Despite whining to Congress they were near a collapse that required $45 billion in Federal taxpayer bailout funds, Bank of America sponsored a five day carnival-like affair just outside the Super Bowl stadium in Tampa, FL … Continue reading
Posted in Bailout, News, Politics
Tagged Bailout, Corporate America, Corporate Greed, News
17 Comments
Angry Senator Wants Pay Cap on Wall Street ‘Idiots’
Saturday, January 31, 2009 Finally, a Democratic senator with a spine. One day after President Obama ripped Wall Street executives for their “shameful” decision to hand out $18 billion in bonuses in 2008, Congress may finally have had enough. Sen. … Continue reading
Posted in Bailout, Democrats, News, Senate
Tagged Bailout, Democrats, News, Politics, Sen. Claire McCaskill, U.S. Senate
15 Comments
Goverment Supplies Another $15 Billion to Banks
Wednesday, January 7, 2009 And yet they still refuse to lend! Funny how it all works. The government said Monday it had supplied another $15 billion to seven banks in the latest round of payments from the $700 billion rescue … Continue reading
$1.6 Billion of Bailout Money Went to Bank Execs
Monday, December 22, 2008 By now, everyone knows I opposed the $700 billion dollar bailout of Wall Street from the day it was ramroded down the throats of the Congress. The idea of a Bush appointee, Henry Paulson, terrorizing Washington … Continue reading
Posted in Bailout, Bush Administration, Congress, Democrats, Politics, Republicans
Tagged Bailout, Bush Administration, Congress, Democrats, News, Politics, Republicans
4 Comments
The Gang of 18
Friday, December 12, 2008 These 18 senate Republican douchebags voted in favor of the $700 billion bailout of Wall Street crooks and criminals, but against the $14 billion emergency bridge loan package to keep the ailing U.S. auto industry from … Continue reading
Posted in Bailout, Politics, Republican Hypocrites
Tagged Bailout, Republican Douchebags, Republican Hypocrites, Senate, U.S. Economy
16 Comments
Federal Deficit on Pace to Reach $1 Trillion
Wednesday, December 10, 2008 The Federal government ran a record budget deficit in November, putting Uncle Sam on track to post an all-time high annual shortfall of $1 trillion or more. In just the first two months of the budget … Continue reading
Posted in Bailout, Bush, Iraq war, U.S. Economy
Tagged Bailout, Deficit, George W. Bush, Iraq war, U.S. Economy
10 Comments
Quote of the Day
Friday, December 5, 2008 “The country has bailed out people who take showers before work. Doesn’t it owe the same to people who shower after they’ve done their jobs?” – Sen. Sherrod Brown (D-OH)
Feds Plans $306 Billion for Citigroup: Detroit Gets Kicked to the Curb
Monday, November 24, 2008 Someone smarter and wiser than me will have to explain what makes Citigroup more important than the Big Three Automakers? Last week, the CEOs of Ford, G.M. and Chrysler received a chilly reception from Congress for … Continue reading
Senator Seeks to Halt Second Portion of Wall St. Rescue
Tuesday, November 18, 2008 Following the news Treasury Secretary Henry Paulson may have given some or all of the first portion of the Wall Street bailout to friends, one U.S. Senator said he will introduce a bill to stop the … Continue reading
Posted in Bailout, Bush Administration, Independents, Senate
Tagged Bailout, Bush, Independents, Senate
3 Comments
Treasury Secretary Paulson May’ve Given Bailout Money to Friends
Monday, November 17, 2008 I hate to say I told you so but, I told you so. U.S. Sen. Jim Inhofe said Saturday that Congress was not told the truth about the bailout of the nation’s financial system and should … Continue reading
Posted in Bailout, Bush, Republican Hypocrites
Tagged Bailout, George W. Bush, Republican Hypocrites
18 Comments
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