Category: Bailouts
By Ani on Nov 9, 2009 in Bailouts, Bank Bailouts, Barack Obama, Campaign promises, Current Affairs, Democratic Party, Economic Stimulus, Economy, Health Care, Medicare, Obama Administration, Obama's Budget, Pandering, President Barack Obama, Race Card, Rahm Emanuel, Speaker Nancy Pelosi, Universal Health Care | 39 Comments
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 [...]
By Larry Doyle on Oct 28, 2009 in Auto Industry, Bailouts, Economy, Sense on Cents (Larry Doyle blog) | 14 Comments
Turning the corner? No more bailouts? You didn’t actually believe the wizards in Washington, did you? Why?
GMAC is back in line for another injection of YOUR money. Recall that GMAC was bailed out initially during the government takeover of GM. GMAC was then spun off in order for Uncle Sam to effectively provide taxpayer [...]
By Larry Doyle on Oct 16, 2009 in American Consumers, Bailouts, Bank Bailouts, Banks, Economy, Inflation, Sense on Cents (Larry Doyle blog) | 18 Comments
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 [...]
By Linda Anselmi on Oct 1, 2009 in Bailouts, Bank Bailouts, Economy, TARP | 4 Comments
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 Rabble Rouser Reverend Amy on Sep 17, 2009 in ACORN, Bailouts, Barack Obama, California, Census, Congress (House & Senate), Corruption, Crime, Current Affairs, Fannie Mae, Freddie Mac, General Election, Housing & Urban Development (HUD), Louisiana, Mortgages, New York State, Paulie Abeles, Stimulus Plan | 73 Comments
I came across an article the other day, and was really taken by it, especially as it came out in the midst of the undercover videos by James O’Keefe, four in total thus far, with more to come, which have gone far in exposing the underside of ACORN. O’Keefe’s staggering videos can be found [...]
By Rabble Rouser Reverend Amy on Sep 13, 2009 in Bailouts, Bill Clinton, Bloggers, Citizenship, Congress (House & Senate), Current Affairs, Deficit, Democrats, Freedom of Speech, General Motors & Chrysler, George Bush, Health Care, MSNBC, Media Bias, Media Handling of Story, NBC/MSNBC, National Debt, New York Times, Obama Administration, President Barack Obama, Stimulus Plan, Washington Post | 242 Comments
Yes, more numbers to report to you you today. “Tens of Thousands” is the phrase the Washington Post and The New York Times used to describe the numbers of people marching on Washington yesterday, voicing their concerns over the rampant spending by Congress. “Tens of thousands” has apparently become a euphemism for 1.2 [...]
By Rabble Rouser Reverend Amy on Sep 12, 2009 in ABC News, ACORN, Associated Press, Bailouts, Bank Bailouts, CNN, Congress (House & Senate), Current Affairs, Democrats, Don't Ask Don't Tell, Fox News, Media Handling of Story, NBC/MSNBC, New York Times, Obama's Broken Promises, President Barack Obama, Republicans, Secretary of State Hillary Clinton, Soldiers/Veterans, Washington Post | 29 Comments
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. [...]
By American Girl in Italy on Sep 11, 2009 in ACORN, Bailouts, Sara in Italy, Stimulus Plan | 170 Comments
In case you missed Amy’s earlier story, Want To Open A Brothel? Ask ACORN How! UPDATED!!! please read it. ACORN employees in Baltimore were videotaped offering advice on how to set up a brothel, and how to handle 13 year old prostitutes. Glenn Beck covered this Thursday night, also interviewing the woman who posed as [...]
By Rabble Rouser Reverend Amy on Aug 21, 2009 in Auto Industry, Bailouts, Congress (House & Senate), Current Affairs, Democrats, Governance, Harry Reid, Health Care, US Senate | 54 Comments
Oh, dear. This not very good advertising for the way the Feds run programs. It seems that while the so-called “Cash for Clunkers” program is a HUGE success, the automobile dealers are not getting reimbursed for all of the money they have shelled out. At least one, MAJOR, state has had it, [...]
By Linda Anselmi on Aug 19, 2009 in Bailouts, Economy, Obama Administration, U.S. Treasury | 24 Comments
On Friday, detailed compensation plans for the top 25 earners at seven companies — American International Group, Bank of America, Citigroup, Chrysler, Chrysler Financial, General Motors and GMAC — were delivered to the offices of Kenneth Feinberg, the Obama administration’s bailout bonus czar. Why? Because these companies received substantial government funds, and Mr. [...]
By Rabble Rouser Reverend Amy on Aug 1, 2009 in Auto Industry, Bailouts, Current Affairs, Stimulus Plan | 46 Comments
This is just shocking. I’m not kidding - this is really frightening. And it is important information as a follow-up to my post about the “Cash for Clunkers” program (major H/T to NQ reader, Politicalidentitycrisis for this link).
You are absolutely NOT going to believe this. Don’t be put off by [...]
By Rabble Rouser Reverend Amy on Jul 31, 2009 in American Consumers, Auto Industry, Bailouts, Congress (House & Senate), Current Affairs, Democrats, Stimulus Plan | 70 Comments
People are understandably wary about the government handling our health insurance. That would be the CLUNKER program. I trust you have heard about this? If not, here is a short review:
Okay. I can see some wisdom in that. It is great to get these old gas guzzlers off the road, [...]
By Larry Doyle on Jul 25, 2009 in Bailouts, Economy, Sense on Cents (Larry Doyle blog) | 20 Comments
Uncle Sam may think he can keep losses of tens of billions of dollars somewhat secretive, but when those losses cross into the hundreds of billions the dirt is much harder to keep under the rug.
What is the nature and size of this dirt? The losses assocated with those dastardly large twins, Fannie and Freddie. [...]
By Rabble Rouser Reverend Amy on Jul 18, 2009 in Bailouts, Bank Bailouts, Banks, Current Affairs, U.S. Treasury, Wall Street | 22 Comments
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 [...]
By Ani on Jul 17, 2009 in Austan Goolsbee, Bailouts, Bill Clinton, Campaign promises, Economic Stimulus, Economy, Energy Policy, Franklin Delano Roosevelt, George Bush, Hillary Clinton, Obama Administration, Obama's Broken Promises, Obama's Budget, President Barack Obama, Secretary of State Hillary Clinton, TARP, Wall Street, stimulus tax package | 90 Comments
Ted Van Dyk’s article in today’s WSJ, Obama Needs to ‘Reset’ His Presidency cautions that Obama must take a time out and find “a reset button for domestic policy.” Interesting that he uses the words “time out” – something one would tell a misbehaving child. Surely, the President’s reckless spending and use of [...]
By Rabble Rouser Reverend Amy on Jul 8, 2009 in Bailouts, Bank Bailouts, Current Affairs, Lobbyists, National Debt, President Barack Obama, SusanUnPC, Tim Geithner, U.S. Treasury, Wall Street | 11 Comments
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 [...]
By Larry Doyle on Jul 1, 2009 in Bailouts, Economy, Sense on Cents (Larry Doyle blog), TARP | 26 Comments
The American taxpayer was going to make money on the investments in assets related to Bear Stearns, AIG, Citigroup, Bank of America, ad nauseum, correct?
Is it even possible to track the massive government outlays across the entire economic landscape? Is it further possible to measure the actual cost of the outlays as a percentage of [...]
By Larry Doyle on Jun 5, 2009 in Auto Industry, Bailouts, Economy, General Motors & Chrysler, Sense on Cents (Larry Doyle blog) | 34 Comments
What will the future hold for GM? I believe there are three potential scenarios, with likely overlap in the short run but less overlap over the long haul. Let’s see if the real GM is behind:
Door #1: A Revitalized and Profitable General Motors
Behind this door, for GM to be a viable entity they need to [...]
By Rabble Rouser Reverend Amy on May 31, 2009 in Auto Industry, Bailouts, Bolshevikization, Current Affairs, Economy, Foreign Affairs, General Motors & Chrysler, Indiana, President Barack Obama, Secretary of State Hillary Clinton, U.S. Treasury, Unions | 63 Comments
That’s what the Germans seem to think of Secretary Clinton, anyway. It seems they are asking her to help deal with the GM mess as it relates to them, according to this article (H/T to Ani for alerting me to this). Why, you might ask? Because it affects them, too, in a big [...]
By Rabble Rouser Reverend Amy on May 30, 2009 in ACORN, Bailouts, Census, Current Affairs, Dept. of Justice (Obama), General Motors & Chrysler, Obama Administration, Obama Comrades, Uppity Woman, Voter Fraud, Voting & Voting Rights, stimulus tax package | 33 Comments
Hell to the yes, he did. You want to guess about what he lied? The Census and ACORN workers, that is. Oh yeah - our fears come true:
(Release: November 13)
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