Obama’s Crony Capitalism
Chicago’s ShoreBank is too politically connected to fail.
Posts tagged as:
Bailout
Greek Premier: My Socialist Country’s Screwups Are America’s Fault
In order to distract from the grave fiscal crisis caused by Greece’s cradle-to-grave socialism, Greek socialist prime minister George Papandreou is threatening to sue American banks.
Like his father before him who was also prime minister, Papandreou is the leader of the political party PASOK, which is the Panhellenic Socialist Movement. He is also president of the Socialist International. [...]
Do Call it a Bailout
Chris Dodd and the Democrats’ new financial reform bill authorizes bailouts in perpetuity.
GE’s Big Brother
Why Americans should worry about the alliance between the Obama administration and the energy giant.
John McCain: I was Misled on Bank Bailout – Arizona Republic
Under growing pressure from conservatives and “tea party” activists, Sen. John McCain of Arizona is having to defend his record of supporting the government’s massive bailout of the financial system. In response to criticism from opponents seeking to defeat him in the Aug. 24 Republican primary, the four-term senator says he was misled by then-Treasury [...]
NPR Blames Impending Failure of EU’s “Five Little Pigs” on “Financial Capitalism”
The February 10, 2010, broadcast of NPR’s On Point with Tom Ashbrook, Europe’s Debt, Global Crisis?, analyzes the growing debt crisis of the five PIIGS of the European Union – Portugal, Ireland, Italy, Greece, and Spain. Little Greece has the worst credibility problem. The reason why this matters is due to fears that Greece could [...]
Orszag Admits Obama Admin Intends to Break Law
During questioning last week on Capital Hill, Office of Management and Budget (OMB) Director Peter Orszag admitted the Obama administration intends to break the law and use TARP funds for whatever they desire.
Passed by Congress in 2008 using scare tactics, the $700 billion TARP bailout specifically designated that all monies recouped must be used to pay down the national debt. But President Obama has included the [...]
Wall Street: Free Market or the Next Slaughter House?
Greed, according to the New Leftist “morality” handbook, is the only sin deserving of the death penalty. Wall Street, they would have us believe, is unrepentant and has demonstrated its depravity repeatedly. According to Americans United for Change (AUC), now it’s time for the “pigs” on Wall Street to be penned, branded and neutered by [...]
Conservatives: Beware of McCain Regression Syndrome
Because McCain isn’t going gently into that good night.
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