bailouts
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Latest blogosphere posts tagged “bailouts”
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Letter to Elected Officials From an AMERICAN PATRIOTIC CONSERVATIVE
Desert Conservative —
Authority: 541
I started sending this letter below out yesterday, starting with the Republican Party and a pretty extensive list in my address book. It is going to every representative I can manage; from Texas to Federal levels. I am also trying to get it posted on conservative sites and on media sites. This is the sort of ...8 hours ago -
Congress…BOUGHT AND PAID FOR!
Desert Conservative —
Authority: 541
Submitted by: Kurt J Fitsch Congressional House Seat For Sale (Washington) Date: 2009-11-05, 5:01PM EST Reply To This Post Democratic Congressional House Seat for Sale I am the Democratic Congressional Representative from the 4rd District of an unnamed East Coast state. I’ve decided to sell my seat in the ...9 hours ago -
The Slippery Slope Goes Vertical
Cato @ Liberty —
Authority: 741
In the Obama era, the slippery slope has gone vertical. Instead of “eventually,” the feared extensions of government power come immediately. When President Obama decided to convert George W. Bush’s bailout of General Motors Corp. and Chrysler L.L.C. into effective government ownership, critics warned that this ...11 hours ago -
Reed: Sorry About That Whole Ginormo CitiBank Thingie
The Big Picture —
Authority: 711
“I’m sorry. These are people I love and care about. You could imagine emotionally it’s not easy to see what’s happened.” -John S. Reed, retired Chairman and CEO of Citibank, on why the Congress was wrong to repeal the Depression-era Glass- Steagall Act in 1999 > A fascinating mea culpa from ...12 hours ago -
The Tim Walz Myth Is Exposed
Let Freedom Ring —
Authority: 139
The myth that Tim Walz is an independent-thinking voice for southeastern Minnesota was laid to rest Saturday night when Tim Walz voted for the biggest expansion of government since LBJ’s Great Society. In voting for the Pelosicare tax- and spend-fest, liberal Democrat Tim Walz scored a ‘trifecta of infamy’, ...15 hours ago -
Buffett’s Bailouts
The Big Picture —
Authority: 150
I had lunch last week with Rolfe Winkler , who is an up and comer in the blog world, a thinking man’s Felix Salmon. He is similarly annoyed with St. Warren — but rather than engage in my sophmoric venom spew, he went to the spreadsheet to discover that Buffet owns major stakes in 8 companies that have received ...1 day ago -
Freddie Mac posts $5 billion loss – Yahoo! Finance
Right Voices —
Authority: 125
Freddie Mac posts $5 billion loss – Yahoo! Finance . NEW YORK (Reuters) – Freddie Mac (NYSE: FRE – News ; NYSE: FRE – News ), the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support ...1 day ago -
Treasury DKs Goldman/Fannie/BRK Tax Credit Scam
The Big Picture —
Authority: 711
Due to an unexpected outbreak of rationality (and perhaps embarrassment), the Treasury department has rejected requests of Goldman Sachs and Berkshire Hathaway to purchase Tax Credits from Fannie Mae. This paper transaction would have provided precisely zero value to the taxpayers, and allowed these firms to add to ...1 day ago -
AEI Subprime VI: Q&A
Housing Doom —
Authority: 503
Well I think at some point we’re going to have a government in power that’s going to make a choice between the American people and our creditors, who are predominantly foreign. And I think that choice will involve letting the dollar depreciate. I don’t think we’ll ever actually repudiate our debts, as long as ...2 days ago -
I Hope They Serve Brian Griffiths in Hell
Not so Subtle —
Authority: 108
Goldman Sachs, the pig fuckers who own western civilization, want you to know that since communism represents inherent godlessness, capitalism must be cleanliness and godliness. Here’s Sachs’ international adviser Brian Griffiths speaking at a church in Europe recently: “The injunction of Jesus to love others ...2 days ago -
Vintage Santelli: PelosiCare Threat to Recovery; Dow Climb Due to Market Bet on Fed Response to Unemployment
Jeff Poor's blog —
Authority: 663
A rising Dow Jones Industrial Average ( DJIA ) means better times are on the way, right? Not necessarily, according to CNBC CME floor reporter and tea party movement inspiration Rick Santelli. Santelli made an appearance on CNBCs Nov. 6 "Fast Money," a show which the host, Melissa Lee, is skittish about a ...2 days ago -
Get AMERICA BACK TO WORK…Give your IDEAS!
Desert Conservative —
Authority: 541
Create Jobs…Not GIFTS! Obama says he is considering another Stimulus Plan! He has extended unemployment benefits to keep the people that are content with that level of income happy but cannt see the BIG PICTURE! NO MORE STIMULUS MONEY! NO MORE BAILOUTS! What is needed, and needed badly are ‘changes’ such as: ...2 days ago -
CitiGroup Says good-bye to life insurer Primerica
WalletPop Blog —
Authority: 718
Filed under: Insurance The best technique for selling life insurance is known in the trade as "driving the hearse up to the door." When the salesperson drives the hearse up to the door, he describes at length all the horrible things that can happen if the family hasnt bought enough life insurance and leaves ...2 days ago -
NO MORE BAILOUTS! NOT A SINGLE PENNY! NO MORE STIMULUS EITHER!
Desert Conservative —
Authority: 541
Don’t Let Obama Sneak Through the Next Big Government Bailout Hello Desert Conservative Visitor, You know the list. First, there was the mortgage bailout that rewarded reckless borrowers and high-flying lenders who made bad decisions when the market was booming… Then taxpayers had to endure the TARP ...2 days ago -
Regulation Going Backwards
The Big Picture —
Authority: 150
Here’s another one of those stories that will make your blood pressure boil: Instead of moving forward with broad regulatory protections of economics system, we are undoing effective regulations that protect investors. Floyd Norris has the details. Under the guise of helping small businesses, the accounting ...2 days ago -
Unemployment Rate Tops 10 Percent..and the stimulus is doing what?
58goo's Weblog —
Authority: 128
Unemployment Rate Tops 10 Percent as 16 Million People Look for Jobs And an excerpt from the story: Still, economists expect jobs likely will remain scarce even as the economy improves. Diane Swonk, chief economist at Mesirow Financial, said that small businesses, a primary engine of job creation, still face tight ...2 days ago -
Vampire Squid? Heck No. Think $2.6 Billion Medicinal Leech!
Housing Doom —
Authority: 503
To that end, FHFA has informed Fannie Mae that a possible transfer of a portion of its LIHTC investments to unrelated third-party investors is consistent with FHFA’s ongoing efforts to conserve Enterprise assets and with the Enterprise’s multifamily housing mission. … FHFA Acting Director Edward J. DeMarco, ...3 days ago -
SBA bailouts draw little attention despite high expected default rate
The Washington Post —
Authority: 965
A federal bailout of AIG last year attracted angry protesters who for weeks gathered outside the insurance giants headquarters in New York and stalked company executives at their homes.3 days ago -
VOTE OUT ANY CONGRESS MEMBERS THAT WILL NOT LISTEN!
Desert Conservative —
Authority: 541
1993 REDUX CONFRONTS DEMS By DICK MORRIS & EILEEN MCGANN Published on TheHill.com on November 4, 2009 As Santayana said, “Those who do not study history are doomed to repeat it.” Congressional Democrats: Take note! Are the elections of 2009 precursors of the same kind of massive partisan upheaval in ...3 days ago -
Jim Hightower | Who Deserves Wall Street Bonuses?
BuzzFlash.net: published —
Authority: 550
Wall Street bankers are really mad these days -- in both senses of that word! Youd think these whizzes of speculative finance would be ecstatically happy and filled with gratitude, not anger. After all, having crashed our economy, they were allowed to keep their cushy jobs, get bailed out with trillions of our tax ...3 days ago