RSS Feed for Bank BailoutsCategory: Bank Bailouts

Obama and Pelosi Ram through Health Care, Ignoring “The Urgency of Now” on J.O.B.S.… »

Just before midnight Saturday, the House rammed through the 2,000 page monstrosity laughingly known as the health care bill. I’d say they did it under cover of night, reneging on a promise of a 72-hour waiting period. Again, who read this thing? How much arm twisting was involved to prevail in this [...]

Mao Is Mighty Popular Among Obama’s Czars »

(Bumped up from Wednesday early a.m.)
Nope, I am not talking about Anita Dunn this time. Ron Bloom is the latest Obama Czar (Manufacturing) to quote Mao as an authority. And just wait to see which quote he uses from Mao. Oh, and he disses that whole free market thing, too. See [...]

It’s the Economy, Stupid!! »

The American public is becoming increasingly wise to the ways of Wall Street and Washington.
Many Americans were duped by financial practices and products emanating from Wall Street. Where was Washington? I would assess Washington’s involvement and responses in the following fashion:
1. At worst, Washington was complicit given a wide array of failed public policy [...]

Mr. President, Why Did You Want This Job? »

I would like an answer to my question. How can someone be so determined to knock everyone else off the stage that he would spend nearly a billion dollars to do it, and when his waffling and doubling dealing in office don’t yield the desired result, blame President Bush and everyone else under the [...]

A Not So Happy Anniversary for Involuntary Investors »

Remember last October when Congress approved the Emergency Economic Stabilization Act and confiscated $700 billion of our tax dollars for a financial bailout? Back when many of us first became involuntary investors in Wall Street’s “too big to fail” financial institutions. Well, the Congressional Oversight Panel of the Senate Banking Committee, chaired by [...]

By The Numbers »

Yes, it is a Numbers Game today. My blogging buddy, Diamond Tiger at Logistics Monster had this video at her blog today, which I am shamelessly stealing (hey - she’s on HI time - she is up when we East Coasters are dead asleep, even though she is at the March on Washington. [...]

Obama Supporter Camille Paglia Roasts President and Dem Leadership Over a Spit… »

Camille Paglia’s article in Salon, Too late for Obama to turn it around? is a scathing assessment which drips disappointment and dare I say it, a sense of betrayal. Most surprising is that eight months after Obama’s inauguration, this accomplished writer has arrived at the same place most of us were 18 months ago [...]

Money and The Great American Bank Robbery - Open Thread »

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As many recent townhall meetings have shown, the American people are dealing with a few issues of trust in regards to their government. So I thought it might be fun to take a look at two very different videos on Money and what it can do.

Stop the Presses! Frank Rich Wonders If Obama is Punking Him! »

Normally I would never quote Frank Rich. Endless copy excoriating Hillary Clinton in favor of Barack Obama during the primaries rendered his columns unreadable. Imagine my surprise to see Mr. Rich put down the Kool-Aid jug for a moment in his NY Times offering, Is Obama Punking Us. Let me start by [...]

Nancy Pelosi Needs To Apologize »

(bumped up from Thursday morning)
Yesterday I was appalled to watch the Speaker of the House comment on Press Secretary Robert Gibbs’ assertion that the anger at these town halls over health care reform is “manufactured”. The reporter asked, “Do you think there is legitimate grassroots opposition going on out there?”
Nancy Pelosi made the following [...]

No Longer Passively Accepting »

I love George Carlin. He is a hero from my youth. Revered from the first time I heard “The Seven Words”. And I still mourn his passing in 2008. So I was a bit surprised by my reaction to viewing Carlin’s excellent riff on “Who Really Controls America.”
Oh, I [...]

Well, That’s ONE Way To Deal With Those Bonuses »

By now, surely you have heard by now that Goldman Sachs, which has gotten a ton of your hard earned dollars, is now rolling in the dough. Oh, yeah, baby - they are handing out some major big bucks to, well, themselves. I am sure MANY of you will appreciate this:
The average Goldman worker [...]

“Justice Is Nothing But Love With Legs.” »

That’s President Serene Jones, of Union Theological Seminary speaking. She continued, “Justice is what love looks like when it takes social form.”
Wow. This is but one of the profound statements made by Dr. Jones throughout the course of Bill Moyers’ “Journal: Faith and Social Justice,” which also included Dr. Cornel West, formerly [...]

Bill Maher Complains About Obama – Chicken Little, The Sky Has Truly Fallen [Updated with Video] »

Much as I hate giving Bill Maher press, I just can’t help myself. His article, Enough with the Obamathon, appearing in the Friday LA Times, lets us share our first up close and personal glimpse of Mr. Maher’s head exploding as he exhibits growing irritation with his messiah…:
President Obama should just join the cast [...]

Obama, GM, And The UAW »

I saw the following video Tuesday morning, and could scarcely believe my eyes:

Elliot Spitzer versus Jim Cramer »

I got bored with fast-forwarding through Hannity last night who devoted an unbelievable 45 minutes (!) to the Miss California non-news story, so I checked out Rachel Maddow. Her guest? The always compelling Eliot Spitzer, whose recent remarks to CNN’s Fareed Zakaria were covered at No Quarter in two posts, the last of [...]

Ponies in the Poop Pile: Ten Potential Positive Outcomes of the Economic Meltdown »

An optimist has been defined as one who would, should a ton of crap be dumped on his doorstep, jump right in and rummage through it, convinced that there must be a pony in there somewhere. I tend towards optimism.
So, while not for one second denying that millions of citizens have been [...]

“Beholden to Failed Banksters” »

Any investor or manager with a degree of experience knows that the “first loss is the best loss.” What do I mean by that? Once the market detects a loss or a weakened position, the price for that asset will remain capped unless and until the asset is sold or liquidated. This price action [...]

Bailout Bonds for Ordinary Americans? »

Just in case you were feeling a little left out of all the bailout funds going around, not to worry. Our government has not forgotten about ordinary Americans.
The Obama administration has actually been working overtime to come up with ways for you and I to show our patriotic support for our economy and our [...]

Bank Stress Tests: Major Sham?? »

Why is it urban school dropout rates are 50%? Well, I am sure there would be as many reasons for that horrendous statistic as there are dropouts. The fact of the matter is, though, the state of urban education has promoted a phenomena known as “social promotion.” If students aren’t qualified to do the work, [...]