nationalization
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Latest blogosphere posts tagged “nationalization”
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We’re getting National Health Care, and we’re going to get it good and hard
Liberty Maven Liberty Maven: For Liberty, One Individual At A Time —
Authority: 536
“Democracy is the theory that the common people know what they want, and deserve to get it good and hard.” – H. L. Mencken I’m tired of the health care debate. It’s not much of a debate anymore when the Republican lawmakers are arguing for socialism-lite and the Democrats are arguing for maximum strength ...6 hours ago -
The Cost Of The 60% Market Move; The Benefits Of Free Liquidity
zero hedge —
Authority: 761
There is now no question that the sole, undisputed factor driving credit and equity markets is the dollar destructive collusion between the Fed and the major global central banks. As long as the Fed is dead set on inflation, and is willing to throw trillions of free liquidity at any problematic flare up, and is happy ...23 hours ago -
Just how dangerous are stimulus-driven deficits in the long run?
DailyFinance —
Authority: 790
Filed under: Economy Most mainstream academic and government economists -- elites, we should note, who are generally well-protected from the vagaries of the real world -- are united in the view that massive federal deficits to fund stimulus programs are not just a good thing but a necessary thing. Economist J. ...3 days ago -
the time is now
~synthesis~ —
Authority: 414
This week, I had the great pleasure of meeting Prof. Deborah Ball (math teacher and Dean of UMichigans School of Education) as she spoke to a group of math teachers (I crashed the party). She was there to talk about teaching math, but really, her presentation was about two issues that I think we ignore at our own ...3 days ago -
The less optimistic view of Treasury’s handling of the crisis
Credit Writedowns —
Authority: 664
The Obama Administration is captured. To understand why it has acted as it has, one doesn’t have to take the view that its efforts to save the banking industry were a deliberate attempt to line bankers’ pockets by transferring money from taxpayers to the banking industry. One need merely read the last post I ...4 days ago -
THE BEST DEFENSE
Citizen Tom —
Authority: 124
The elections are over. Conservatives clearly won, but these battles were merely another skirmish. Until November 2010, we can only, at best, stall the socialist agenda. So the news media has moved on. There are two big stories. They are both about different types of war. The first story is about the latest ...4 days ago -
Obama Is Worried
The Beacon —
Authority: 629
The White House is shrugging off the Republican electoral victories. But we know what the elections mean: The people are fed up with the march toward nationalization and socialism. Just like the 2006 elections were a repudiation of Bush’s war policy, yesterday marked public discontent with the Democrats’ war on ...6 days ago -
Money Banking
Cash Advance —
Authority: 126
Which one when it first started? I do not think that I remember. But since it was one bank after another and then another and so on. With different names and labels, they come promising huge sums of cash awards and household items as gifts, travel / tours etc By now you should know what I mean – many shares in ...6 days ago -
GM kills Opel sale to Magna
statism watch —
Authority: 489
The Globe and Mail’s explanation for the following - “GM appeared to change its mind about selling the Germany-based auto maker and Opel’s British unit Vauxhall after a quick trip through Chapter 11 bankruptcy protection in the United States.” Flashback: Magna wins battle for Opel | Nationalized General ...1 week ago -
Britain’s banks receive more bailouts, restructuring
statism watch —
Authority: 489
Flashback: More US Bank Failures and The Coming Deposit Insurance Bailout | Irish state plans to take majority stake in debt-ridden banks | US govt considers becoming bank shareholder | UK government takes control over Lloyd’s bank | Greenspan backs bank nationalisation | Bush outlines radical plan to ...1 week ago -
UK banks receive more bailouts, restructuring
statism watch —
Authority: 489
Flashback: More US Bank Failures and The Coming Deposit Insurance Bailout | Irish state plans to take majority stake in debt-ridden banks | US govt considers becoming bank shareholder | UK government takes control over Lloyd’s bank | Greenspan backs bank nationalisation | Bush outlines radical plan to ...1 week ago -
Lloyds to raise 21 billion pounds in biggest rights issue ever
Credit Writedowns —
Authority: 664
Lloyds are looking to avoid the embrace of government by going to existing shareholders to raise capital and sidestep the draconian break-up solution foisted upon RBS by Neelie Kroes. According to Bloomberg, this is the largest rights issue ever for a British company and equates to $34 billion. All of this must be ...1 week ago -
UK: Darling confirms government to break up too big to fail banks
Credit Writedowns —
Authority: 664
In a clear break with US economic policy, the UK government have decided that too big to fail is too big to exist. As a result, three large financial institutions now owned at least in part by government are to be dismantled. Moreover, talk of Tesco’s or Virgin getting the assets is yet another momentous shift in ...1 week ago -
Bankers Debate Future of Fannie, Freddie
Mortgage-Blog —
Authority: 152
The American Bankers Association held its Annual Convention Business Expo and Directors’ Forum last week in Chicago. Lenders need to have more skin in the game for the government sponsored enterprises to have a future — a future that might include nationalizing Fannie Mae and Freddie Mac as a single entity or ...1 week ago -
Robert Higgs on Fox News: The Folly of Obama’s Spending Spree
The Beacon —
Authority: 629
Independent Institute Senior Fellow Robert Higgs is interviewed here by Judge Anthony Napolitano on Fox News’ program, “Freedom Watch,” regarding the utter folly of the gigantic federal spending programs first started under George W. Bush and now enormously expanded by Barack Obama and the U.S. Congress. ...1 week ago -
Florida’s Public Option
The Beacon —
Authority: 629
As Congress debates the merits of the “public option” for health insurance, we might look at Florida for some experience, because Florida has had a public option for years, not for health insurance but for property insurance. After Hurricane Andrew hit Florida in 1992 some Floridians were having difficulty ...1 week ago -
GMAC has been nationalized
Credit Writedowns —
Authority: 664
And you thought the bailouts were over and market discipline might be restored. Not a chance – the bailouts will continue, come hell or high water. The latest demonstration of this is GMAC, where the government will now be majority owner. GMAC has officially been nationalized. Now the government is running auto ...1 week ago -
Interesting articles about our changing world
Fabius Maximus —
Authority: 558
I found these of interest. You might also.(1) China has overinvested and now has too much of almost everything:“CHINA: Too Many Graduates, Very Few Jobs“, Inter Press Service (IPS), 21 October 2009 — Excerpt:An explosive report released by the Chinese Academy of Social Sciences (CASS) in September said ...1 week ago -
Has the US financial system been nationalized?
Fabius Maximus —
Authority: 558
No, but we’ve taken big steps in that direction. For example, the government owns a large insurance company (AIG). More importantly, it has nationalized 95% of the single largest component in the financial sector: home mortgages.From “Recent Developments in Mortgage Finance“, John Krainer, Federal Reserve ...1 week ago -
Mexico’s oil output falls in 2009
Thaindian News —
Authority: 725
Mexico City, Oct 25 (EFE) Oil output in Mexico has continued to decline in 2009, coming in at an average of 2.6 million barrels per day (bpd) for the first nine months of the year, or almost 190,000 barrels less than the average for all of 2008, state oil monopoly Petroleos Mexicanos reported.On a more [...]2 weeks ago