bailout

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The Road to Hell is paved with Tax Dollars

The Road to Hell is paved with Tax Dollars

Protest Barack Obama’s massive expansion of the federal government, tax increases and a second stimulus plan with this anti-obama t-shirt.

Slight of Hand

While we’re watching all the madness ensue from the AIG Bonuses, the real problem in Washington is happening away from view. Make no mistake, Washington knew about these bonuses months ago… but the outrage now distracts from the real, more serious issues.

The Government’s Most Powerful Weapon

As the furor over AIG bonuses continues, the rhetoric form Washington has intensified. Today The Weasel Chuck Schumer, Press Secretary Robert Gibbs and others have called on AIG employees who received bonuses to return them to the company and/or the government. They went on to warn these individuals that the government might seek to tax the individuals receiving the bonuses at such a high level that the government would recover most if not all of the bonus income.

The Start of the Revolt

Mr. Santelli proposes a new tea party to publicly protest the confiscation of taxpayers wealth to pay to support deadbeats, corporate bailouts, and a collective mentality that will destroy the very fabric of our nation.

It’s All George W. Bush’s Fault.

I’m not kidding, and I don’t say that lightly. But its not what you think.

An Intervention

Like a gambling addict, you keep borrowing more money that you don’t have, in hopes of striking it big. Like a drug addict you keep spiraling down hill, oblivious or unconcerned with the consequences of your actions, only worried about your next score. Its time to stop.

Best Advertisement Ever… Buy Ford.

While Washington may want to reward the incompetence of Chrysler and GM with our money, and enable the strong-arm tactics of the unions… its nice to know that one of the Big Three is going to make it through the holiday season without a bailout.

Now What?

Now that the Fed has given virtually all of its margin on the fed funds rate, what happens next? When things continue to get worse, where will the government go to try to stimulate the economy again?

When is the time for ideology?

When discussing the auto bailout, I keep hearing politicians and pundits repeat the same phrase “now is not the time for ideology.” My response is simple: If now is not the time for ideology, then when?

GM Threatens Bankruptcy Before Christmas?

Fox just announced that some GM execs are stating that General Motors will file bankruptcy before Christmas if a bailout deal is not reached with Congress.

Fred on the Economy

New video from Fred Thompson.

Thank You CitiCard! [UPDATE]

I’ve been a Citibank Credit Card customer since 1997. Never had any trouble with my Platinum card, not one missed payment, not one over-limit charge. So how do they thank me for my 11 years of patronage, and the $326 Billion bailout that my tax dollars helped to fund?

Me Too, Me Too

Last week they were talking about laying off 52,000 people, and then we find out this weekend they are being bailed out with our tax dollars.

A Glimpse of America’s Future

I don’t blame the worker. It is the union, an antiquated and unnecessary holdover from the industrial revolution, that has destroyed American manufacturing… and it is the union that will drive the final nails in each of the big three. But the lesson to learn here is about more than the perils of collective bargaining and union exclusivity.

The GOP & Bailouts

Stop with the bailouts and reclaim the party’s soul. It might be a small gesture and might have political costs… but enough is enough already. Better to lose and be right, than win and be wrong. It’s not just your political career at stake, its our country.

No Failure, No Success.

I’m so freaking sick of this bailout nonsense.  If companies are not allowed to fail in this country, then how are better ideas supposed to succeed?  From AIG, to forgiving your mortgage balance, to the big three auto companies… it seems like everyone is getting rewarded for failure.

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