Posts Tagged ‘bailout’

Buying Votes


People who vote for Democrats do so for the subsidies. So it’s no surprise that, with the November elections looming, Democrats are looking to get some fresh money to the troops – to help them forget about the Obama recession. President Obama, in an unusual Saturday night letter to Congressional leaders, asked them to “urge […]

This has been an amazing year for Massachusetts Senator Scott Brown, and since his inspiring election win last month, he’s been doing everything right. His transition has been graceful and dignified. Now, the next logical step in expanding the nation’s awareness of him is to write a book. It almost seems the next inevitable step […]

In Barack Obama’s budget proposal, last year’s highest deficit in history is only expected to be tripled… that is if you believe his incredible projections of three per cent economic growth and don’t include the cost of socialized medicine and a cap and trade policy. Federal tax revenue plunged $138 billion, or 34%, in April […]

Friendly Fire


Newsweek went with a cover story this week about President Obama being attacked by leftist economist Paul Krugman. In his twice-a-week column and his blog, Conscience of a Liberal, he criticizes the Obamaites for trying to prop up a financial system that he regards as essentially a dead man walking. This is the biggest threat […]

Baracko Bomber


Krauthammer. A $14 trillion economy hangs by a thread composed of (a) a comically cynical, pitchfork-wielding Congress, (b) a hopelessly understaffed, stumbling Obama administration, and (c) $165 million. Time. And the remedies Congress is in a fever pitch to approve may well end up hurting the rescue efforts. The bonus bills, which would apply to […]

Summers Day


Yesterday, they were victims again, and there was nothing much the Obama administration could do about the fact that AIG is paying out millions in retention bonuses to the exact fools who brought the company down. Obama economic adviser Larry Summers told Bob Schieffer that Secretary Geithner has negotiated very forcefully with AIG, and he […]

Buffett Too


President Obama is facing a growing crowd of angry business leaders, frustrated over his unwillingness to treat the economy as Job One. Warren Buffet did it yesterday. “The message has to be very, very clear as to what government will be doing,” said Buffett, an informal adviser to the White House. “And I think we’ve […]