Browsing All posts tagged under »Government Bailouts«

Bailed-out General Motors to Receive Another Wasteful Handout

June 14, 2012 by

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By Nicolas Loris ~ The Department of Energy is awarding $54 million for energy projects that should help manufacturing companies be more energy efficient. If your immediate response is, “If these technologies are going to lower a business’s costs, why aren’t they investing their own money?” then you’re asking the right question. Bailed-out General Motors […]

If I Were Dictator (Part 30)

July 28, 2011 by

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By Marlin6 On 02/05/2008, I authored a post “Benevolent Dictators Make Good Government”. Examples are King David – Israel – (1010 BC –970 B.C.) in ancient times and General Douglas McArthur – Japan – (1945 –1947) in modern times. I started musing about what I would do if I were absolute dictator of the United […]

OMG, They’re Serious: ‘GM Says Thank You to American Public,’ Using Popeye, Animal House, Evil Knievel References

November 27, 2010 by

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By Tom Blumer When I first saw this video at a non-Government/General Motors site, I said, “Wow, that’s quite a spoof. Who did that?” It’s not a spoof. It’s for real. It’s posted in the media section at GM’s web site. Even diehard defenders of the GM and Chrysler bailouts have to wonder what in […]

Americans Are Drowning In Our Government’s Lies

May 15, 2010 by

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By Alan Caruba It’s not just the lies about climate change. It’s not just the lies about renewable, wind and solar, energy. It’s not just the lies about so-called endangered species. It’s not just that the Obama administration refuses to name Islam as the source of the terrorist attacks on America. It’s not just the […]

Rep. Peter Roskam (R-IL) On Fannie Mae And Freddie Mac

May 14, 2010 by

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By Rep. Peter Roskam (R-IL) In the last week, the government-backed mortgage finance giants Fannie Mae and Freddie Mac asked the taxpayer for $19 billion to stay afloat.  Add that to the $127 billion in bailouts they have already received since September 2008, and we are now talking about a whopping $146 billion of your […]

Cry Treason!

May 13, 2010 by

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By Alan Caruba Treason is generally defined as the offense of attempting to overthrow the government of one’s country or of assisting its enemies in war. Benedict Arnold burned his name into U.S. history by conspiring with the British to turn over West Point to them. When his plot failed, he fled to England. Having […]

How The U.S. Can Become Greece

May 11, 2010 by

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By Alan Caruba I find it interesting that an entire nation like Greece can face bankruptcy. Greece will be loaned billions that it is not likely to ever repay. Meanwhile, Spain, Portugal, Italy, and Ireland are financially shaky as well. England is not much better off and the United States is printing money in the […]

A Full Ten Percent Of General Motors Bailout Paid Back

April 24, 2010 by

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By Nicolas Loris General Motors CEO Ed Whitacre should have thought twice about the title of his Wall Street Journal op-ed, “The GM Bailout: Paid Back in Full.” GM did announce that it would repay the $5.8 billion ($4.7 billion to U.S, $1.1 billion to Canada) remaining balance on the loans the automaker received from […]

And, Now, For Some Good News!

January 28, 2010 by

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By Alan Caruba After the State of the Union speech and the instant analyses on television and the punditry that follows on newspaper’s editorial pages and, of course, on news/opinion websites and countless blogs and forums, the tendency is likely to dwell on how it portends more of the same bad policies. It is obvious […]

Stop The Bailouts!

January 4, 2010 by

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By Alan Caruba I can recall the bailout that Chrysler received in 1979. Jimmy Carter was President and the question of whether the government should save the nation’s third largest automaker was subjected to a lot of debate. In the end, Congress authorized a $1.5 billion loan package. In 1983, Chrysler repaid the loan guaranteed […]

The Pay Czar’s Power Grab

August 20, 2009 by

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By Michelle Malkin Pay czar Kenneth Feinberg’s official government title is “Special Master for Compensation.” You’ll be happy to know that he’s really getting into the confiscatory spirit of his role. Asked by Reuters whether his powers include reaching back and revoking bonuses awarded to financial industry executives before his office was created earlier this […]

When Government Goes Insane

May 27, 2009 by

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Alan Caruba. I have this theory that every so often governments go insane. Usually they have someone who is already demented heading up the government, but it takes a majority of the elected body to enact crazy laws and it takes the government apparatchiks to engineer the systemic failures, the wars, and the crazed rush […]

Battered Hedge Fund Managers’ Syndrome

May 9, 2009 by

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Michelle Malkin. Greed is good — until it gets in the way of a union-friendly restructuring deal. President Obama, generous recipient of Wall Street largesse, angrily derided a group of hedge fund managers this week as “speculators.” The miffed president suggested that uncooperative firms were selfish for holding out on the government’s Chrysler bankruptcy plans […]

Chrysler And Sacrificing For The ‘Greater Good’

May 5, 2009 by

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Joseph Onorati. TonyfromOz prefaces ….. Evidently, as you might expect with a pre Bankruptcy restructuring proceedings, different creditors are offered X number of cents in the dollar in payment for what they are owed. With Chrysler there are a great number of creditors, and it would seem that some would be promised more than others, […]

Phony ‘Outrage’ and ‘Shock’ from Obama and His Minions

March 24, 2009 by

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Brief – Vol. 09 No. 12 Selective ‘outrage’ and ‘shock’ THE FOUNDATION “The liberties of a people never were, nor ever will be, secure when the transactions of their rulers may be concealed from them.” –Patrick Henry OPINION IN BRIEF “This play within a play is ultimately not about AIG, corporate aircraft, fancy resorts and […]

When You Wish Upon a Star…

March 18, 2009 by

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When you wish upon a star… And now for cartoons See more Cartoon Humor at Patriot Humor Read more great articles at The Patriot Post.USTo submit humor items for our consideration, email us at Humor@PatriotPost.US

Making a Show of Things

March 11, 2009 by

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Making a show of things How the economic stimulus works Young Barry in Illinois bought a horse from a farmer for $100. The farmer agreed to deliver the horse the next day. The next day the farmer drove up and said, “Sorry son, but I have some bad news… the horse died.” Barry replied, “Well, […]

Stop Bailouts! – SIGN Petition!

February 23, 2009 by

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By Adam Bitely Petition To the 111th Congress of the United States Whereas, the United States Congress has otherwise appropriated, committed, borrowed, and printed some $10 trillion throughout 2008 and into 2009 over and above the regular budget, and Whereas the bulk of these funds have been used to “bailout” or otherwise subsidize banks, financial […]