Category: Bailouts
By Anita Finlay ("Ani") on Nov 19, 2011 in Bailouts, Banking Institutions, Congress (House & Senate), Current Affairs, Earmarks, Nancy Pelosi, Speaker Nancy Pelosi | View Comments
~Bumped Up~ Steve Kroft’s explosive 60 Minutes report on rampant ‘legal’ congressional insider trading last Sunday provoked fury and heartache at an elitist political class spiraling out of control. I cannot claim to have romantic notions about any politician, but this latest disclosure is the final nail in the coffin. For politicians to use access [...]
By Rabble Rouser Reverend Amy on Jul 21, 2011 in Afghanistan, Bailouts, Congress (House & Senate), Crime, Current Affairs, Deficit, Economy, Egypt, Foreign Aid, Governance, Pakistan, SEC, State Department | View Comments
The old Ben Franklin adage, is apparently one with which our government is unfamiliar. Just within the past few days, three major wasteful decisions have come to light. The first is in the State Department. This wasn’t just a wasteful decision, but an unethical, immoral, and I have to hope, illegal one. Within the State [...]
By Rabble Rouser Reverend Amy on Jun 23, 2011 in Bailouts, Corruption, Current Affairs, General Motors & Chrysler, Labor, Obama's Priorities, President Barack Obama, South Carolina, Unions, Washington state, Workers | View Comments
As some of you know, here in South Carolina, we have been under siege by the NLRB, which is attacking Boeing for moving its DreamLiner series to North Charleston. Since we already had the DreamLifter here, it wasn’t exactly an “out of the clear blue sky” kind of move. That hasn’t had an impact on [...]
By Anita Finlay ("Ani") on Mar 31, 2011 in Bailouts, Barack Obama, Campaign promises, Current Affairs, Employment, Hillary Clinton, Keith Olbermann, MSNBC, Media Bias, Media Handling of Story, Meet The Press, NBC, NBC/MSNBC, Newsweek, Obama Administration, Secretary of State Hillary Clinton | View Comments
Better late than never? I think not, baby puppy. It is April, 2011 and ex-Wisconsin Senator and favorite principled liberal Russ Feingold finally noticed a conflict of interest with having GE’s CEO Jeffrey Immelt as head of the President’s advisory council on job creation. Ya think? According to CBS and The Hill: Former Sen. Russ [...]
By Rabble Rouser Reverend Amy on Jan 24, 2011 in Bailouts, Current Affairs, Economy, Fannie Mae, Franklin Raines, Freddie Mac, Governance, Hoodwinking, Mortgage Crisis, Mortgages, Obama Comrades, President Barack Obama | View Comments
Who would that be, exactly? Oh, you are going to love this. We, you and I, American taxpayers, are footing the LEGAL bills for the Fannie Mae/Freddie mac executives who drove our economy into the ground for fraud suits filed against them starting 10 years ago. Who would that be, exactly? Oh, you know, people [...]
By Anita Finlay ("Ani") on Dec 9, 2010 in Austan Goolsbee, Bailouts, Bank Bailouts, Barack Obama, Bill Clinton, Bush administration, Bush/Cheney, Campaigns & Campaign Financing, Don't Ask Don't Tell, GLBT, Gay Rights, George Bush, Keith Olbermann, Media, Print, Media, Television, New York Times, Obama Administration, Obama's Broken Promises, Obama-Barack & President Barack, President Barack Obama, Washington Post | View Comments
In the current bout of progressive hand-wringing over President Obama’s latest “compromise” on the Bush tax cuts, everyone from Keith Olbermann to Frank Rich to Paul Krugman to Bill Maher to Eleanor Clift is directing their erstwhile wunderkind to return to his principles, get his mojo back, stop being wimpy and declare his refusal to [...]
By Rabble Rouser Reverend Amy on May 11, 2010 in Bailouts, Christopher Dodd, Congress (House & Senate), Current Affairs, Democrats, Economy, Fannie Mae, Freddie Mac, Governance, Housing & Housing Crisis, Mortgage Crisis, National Debt, Tim Geithner, U.S. Treasury, treasury department | View Comments
And Fannie Mae are not included in the big Financial Reform Bill? I am just curious since they helped create this economic situation in which we find ourselves, and have drained billions of dollars from the coffers over the past couple of years. Now they want MORE. Oh, yeah – Freddie Mac is asking for [...]
By Anita Finlay ("Ani") on May 9, 2010 in Bailouts, Bank Bailouts, Bank Nationalization, Current Affairs, Democratic Party, Obama Administration, Obama's Broken Promises | View Comments
Scrolling through a number of blogs the other day, I came across this comment to a story in The Confluence. Many thanks to WMCB for posting it: … I have a family member who is as conservative as it gets. We disagree a lot on how much the federal govt should do. But we wholeheartedly [...]
By Rabble Rouser Reverend Amy on May 9, 2010 in Arrogance, Bailouts, Bank Bailouts, California, Congress (House & Senate), Current Affairs, Illegal Aliens, President Barack Obama, Speaker Nancy Pelosi, Texas, U.S. Constitution | View Comments
Just when you think our Elected Officials cannot possibly be any stupider, there is this article, Pelosi: It’s Cheaper to Treat Teens for Drug Use Than Interdict Drugs at Border. Sigh. Okay, here’s the thing. I love San Francisco. It is a beautiful city. But seriously, how can they keep electing this woman?? Read it [...]
By Anita Finlay ("Ani") on May 2, 2010 in Bailouts, Bank Bailouts, Bush administration, Current Affairs, Economic Stimulus, Elitism, Hillary Clinton, Immigration Reform, Mortgage Crisis, Obama Administration, Obama's Broken Promises, Off-Shore Drilling, President Barack Obama, Secretary of State Hillary Clinton, Wall Street | View Comments
If anyone wonders why 24% of the population identify with the Tea Party movement, or what prompted Jane Hampsher of FireDogLake to note that Progressivism Is Dead, while expressing fury at being sold out to corporate oligarchs and government elite, look no further than Peggy Noonan’s WSJ piece, The Big Alienation, which aptly describes the [...]
By Anita Finlay ("Ani") on Apr 29, 2010 in Bailouts, Bank Bailouts, Banking Institutions, Campaign promises, Credit Card Companies, DNC, Deficit, Democrats, Depression, Earmarks, Economic Stimulus, General Motors & Chrysler, National Debt, Obama Administration, Obama's Broken Promises, Obama-Barack & President Barack, Obamatopia, TARP, Toxic Assets, Wall Street | View Comments
President Obama made a visit to Ottumwa, Iowa Wednesday. As reported by Jake Tapper on ABC’s Political Punch: “We’re going to have to make some tough choices” about the deficit and national debt, President Obama said to a crowded gymnasium full of supporters at Indian Hills Community College, after a lengthy riff on how the [...]
By Anita Finlay ("Ani") on Apr 26, 2010 in Bailouts, Banking Committee Hearings, Banking Institutions, Banks, Bernie Madoff, Current Affairs, Wall Street | View Comments
ABC’s Jake Tapper covers an interesting proposition from Republican Senator Bob Corker on financial reform for Wall Street — he wants a “clawback provision” forcing failed executives who have driven companies into the red to give back their earnings for the past five years. Loving it!!! Read how Austan Goolsbee, one of Obama’s chief economic [...]
By Anita Finlay ("Ani") on Apr 25, 2010 in Bailouts, Bank Bailouts, Depression, Economic Stimulus, Economy, Joe Biden, Stimulus Plan, TARP, Toxic Assets, Vice President, stimulus tax package | View Comments
On Friday’s Political Punch, it was reported that Vice President Biden Predicts Massive Job Growth in Coming Months: Usually the Obama administration downplays expectations for job growth, but apparently Vice President Joe Biden didn’t get the memo – or he did, but just blew it off. Well, it wouldn’t be the first time our loquacious [...]
By Anita Finlay ("Ani") on Apr 24, 2010 in Bailouts, Bank Bailouts, Banks, Campaign promises, Flip Flopping, Obama-Barack & President Barack | View Comments
President Obama and the Democratic Party are now going to attempt to “regulate” Wall Street. I have the feeling it will be handled much like they “regulated” health care – with insurance companies writing the bulk of the bill. So will Goldman Sachs et al be writing this one? In the interest of image management [...]
By Rabble Rouser Reverend Amy on Apr 22, 2010 in Bailouts, Bank Bailouts, Banking Institutions, Banks, Ben Bernanke, Credit Risk, Current Affairs, Economy, FDIC, Infrastructure, SEC, Wall Street | View Comments
As Goldman Sachs continues to be in the news, this revelation could affect the SEC’s charges (h/t to HelenK for alerting me to this ): Testimony Could Undercut SEC Charge Against Goldman The government has testimony from a Paulson & Co. official that could contradict its own claims against Goldman Sachs, CNBC has learned. Paolo [...]