Why Americans should worry about the alliance between the Obama administration and the energy giant.
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 [...]
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 [...]
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 [...]
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 [...]
In his weekly address President Obama presented a speech worthy of this year’s Oscar for Best Actor in a Leading Role. How else could he get on his bully-pulpit and make stone-faced attacks against those Wall Street scoundrels who repaid their loans from the Troubled Asset Relief Program (TARP) with interest? Especially the banks forced to accept the [...]
Former Democratic Party Chairman Howard Dean argued Wednesday that the health care overhaul bill taking shape in the Senate further empowers private insurers at the expense of consumer choice.”You will be forced to buy insurance. If you don’t, you’ll pay a fine,” said Dean, a physician. “It’s an insurance company bailout.” Interviewed on ABC’s “Good [...]