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Bailout 2.0: The Bucket Passes to The Senate
Day 13 of the Financial & Political Panic of ’08 Government to Fix The Crisis Government Caused Click on the boat to see all articles in Big Bailout Series In a nation where the people are...
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Big Bailout 2.0: The Rescue
Taxpayers Lose Now, Big Government Wins Later Click on the boat to see all the articles in the Big Bailout Series The Big Bailout…um “rescue” has finally been signed into law. Now we can all now...
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Big Bailout: Frantic Changes In Strategy
Can Government Fix the Crisis Government Caused? Click the boat to see all articles in Big Bailout Series Sixty days ago Treasury Secretary Paulson and Federal Reserve Chairman Brenanke warned Congress...
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GM: First Disillusionment Of The Obama Era
For the next few weeks the latest applicant for Big Bailout cash, the auto industry will be the central front in America’s perennial ideological war. On the Left side of the war are collectivist ideas,...
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UAW Boses Deceived & Betrayed Members
As GM, Ford, and Chrysler patrol the halls of Congress with tin cups, begging for a share of The Big Bailout one wonders why the Media herd doesn’t place the blame where it belongs, squarely on the...
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How To Stop The Housing Market Bleeding
Big Bailout, Day 47: Can Government Fix The Crisis Government Caused? Click the boat to see all articles in Big Bailout Series Treasury Secretary Henry Paulson and Federal Deposit Insurance Corp....
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The Big Bailout: Investors Vote No Confidence
Stock indexes are an indicator of investor confidence in the economic future. The Chart tracks the 40% decline in the Nasdaq Index since the beginning of the most massive series of government...
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Obama Economic Team: “Wisdom & Ingenuity” or Hubris?
Every week brings another, massive, new bailout. Various financial publications have come up with estimates ranging from $3 Trillion to $7 Trillion for the total amount of cash and backstop guarantees...
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Dirty Green Politics and the Auto Bailout
This week, Executives from GM, Ford, Chrysler, and the UAW made a return trip to Washington to grovel before the politicians who, if their egos are sufficiently massaged, have the power to hand them...
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Auto Bailout: Facts Vs Elite Media-Political Opinion (1)
It now appears likely that the auto makers will receive about $18 Billion from Washington this week. The so-called “debate” over this issue has been a classic example of how ignorant and out of touch...
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Auto Bailout Facts Vs Elite Media-Political Opinion (2)
This is the second post examining the political-media establishment claim that the Detroit auto companies are in financial trouble because they don’t manufacture more of the tiny vehicles politicians...
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Why the Constitution Limits Federal Power
This is the second in a series on The Big Bailout and Treasury Secretary Geithner’s meeting with the Congressional Oversight Panel. This meeting serves as a textbook example of why America’s founders...
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Geithner Doubts Government’s Competence
This is the third in a series on The Big Bailout (Now called the “troubled Asset Relief Program” or TARP) and Treasury Secretary Geithner’s meeting with the Congressional Oversight Panel. During his...
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To Create Jobs Obama Can Pivot to Reaganomics
Another disappointing Jobs report was released by the Department of Labor on Friday. America lost 131,000 jobs in July, the second month in a row of declining employment. President Obama reacted...
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A Bailout For Democrats’ Election Campaign
Since the first day of his Administration President Obama has fully exploited a recirculating funding and campaign support system with public employee unions that has no equivalent on the Republican...
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