Tag Archives: Congressional Bailout

Mind Boggling Numbers

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Jim Hightower : Stop Taking Bull From Wall Street

‘As a consequence of their avaricious grab for outrageous personal enrichment during the past decade, these arrogant titans of financial gimmickry have caused a vast economic collapse…’ Why Is the Government Hell-Bent on Rewarding Greed, Incompetence and Narcissism? By Jim … Continue reading

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Pilgrim’s Pride and Tysons Benefit from Bailout

As our Friend and contributor, Diane Stirling-Stevens, says of this article, “Another bit of news that made me do “#$*&(#$&(*#$&(#*&$#”.” We couldn’t agree more. Big Ag is a significant economic and health issue, and we remain hopeful that the new … Continue reading

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Rush Limbaugh : Economic Crisis a Democratic Plot to Elect Obama

Rush Limbaugh: What’s he been smoking?Limbaugh’s Crazy Conspiracy Theory: ‘I am just wondering — as I say, it can’t be proven — I’m just wondering if a lot of this was by design to create economic panic.’ By Amanda Terkel … Continue reading

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Bailout Bust : Southern Republicans Strike Out at Unions

Sen. Debbie Stabenow, D-Mich, left, listens to Sen. Sherrod Brown, D-Ohio, speaking about the Senate’s rejection of an emergency $14 billion loan bailout for US auto companies, Thursday, Dec. 11, 2008, on Capitol Hill in Washington. Photo by Haraz N. … Continue reading

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Sherman DeBrosse : Big Three Bailout a Must

UAW workers picket GMC plant. Photo by Spencer Platt / Getty Images.An auto bridge loan is essential to reduce the pain of recession.By Sherman DeBrosse / The Rag Blog / December 10, 2008 The U.S. economy is so fragile that … Continue reading

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Reaganomics Lives : Now About Bailing Out Detroit…

Reagan: Hey, it’s not all bad.‘The third path is to set standards for the kind of cars we need, backed by a government commitment to buy them on the fleet level and serious tax credits for ordinary folks who buy … Continue reading

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Obama’s Bailout Bunch : Sure Seems Like More of the Same

President-elect Barack Obama with Vice President-elect Biden and a group of economic advisers at a news conference in Chicago on Nov. 7, 2008. Photo by Damon winter / NYT.‘Almost half the people on Obama’s economic advisory board have held fiduciary … Continue reading

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Surprise! : Banks to Use Bailout Bucks for Mergers

The Rag Blog reported yesterday, in a story titled Salary Bonuses Constitute 10% of the Bailout that pay and bonus deals for corporate bigwigs account for about ten percent of the government bailout package. Here’s more good news: Big banks … Continue reading

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Lloyd Doggett Quizzes Ben Bernanke About the Bailout Debacle

In Congressman Lloyd Doggett (D., Texas) we have one of the clearer, more conscientious voices in Washington representing some of us. This is a reminder to keep him informed of your best thinking on these and other subjects of federal … Continue reading

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Congressional Bailout Add-Ons : Lotsa Pork in This Baby

Bullseye: Bailout bill now festooned with corporate tax breaks including one for a company that makes arrows for children.By Ryan J. Donmoyer / October 1, 2008 Rose City Archery Inc., an Oregon company that makes arrows used by children, hit … Continue reading

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Bush’s Bailout Tanks; What Austin Thinks

Congress failed to pass the economic bailout plan today: the pundits are atwitter, the stock market has tanked, the politicos are pointing fingers, and the doomsday prophets are taking center stage. And George the Decider has added a final (one … Continue reading

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