Penny Wise, Pound Foolish: Slashing Executive Salaries
(Read all posts from John Hawkins)
Even for Congress, this is extraordinarily dumb:
Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in the government’s financial rescue, the Obama administration will order the companies that received the most aid to deeply slash the compensation ...
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TARP Report - "We don't even know where the money went"
(Read all posts from McQ)
So let's give them health care too!
Sorry, couldn't help myself. The quote in the title is from Democratic Representative Daniel Lipinski of IL. It's a good preface to a Treasury Department Inspector General report issued today which was rather scathing. USA Today ...
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Too Big To Fail? Too Big For A Government Takeover.
(Read all posts from John Hawkins)
The Marxist appetite that has helped drive the Left to attempt to permanently embed itself in the nation's banking and auto industries has yet to be whetted:
A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, the ...
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Mischief Day Friday: Where's The Stimulus Money Going?
(Read all posts from William Teach)
For those of us who are from the Northeast, we know what Mischief Night is. Essentially, the night before Halloween is a night to play some practical jokes on people, create a little havoc. Flaming bags of dog doo on the door step. Dog poo ...
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Shocker! Most Jobs "Saved" Were In Government
(Read all posts from William Teach)
As I always say, if you want the truth from the NY Times, check the Saturday edition. The editors all slip out for an early Martini, leaving time for those who believe in journalism to write and post their stories. Witness
The best symbol of the ...
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Gov. Crist DID Flip Flop on Stimulus Support
(Read all posts from Warner Todd Huston)
On November 5 on CNN, Florida Governor Charlie Crist told Wolf Blitzer that he didn't back the $787 billion Obama stimulus bill. Crist has since said that it isn't a flip flop when he says he supported the stimulus "in concept" but didn't support the ...
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Charlie Crist: A Serving of Pork Sounds Good
(Read all posts from Warner Todd Huston)
On November 11, I wrote of the statements that Charlie Crist made denying that he ever supported Obama's $787 billion stimulus bill in his role as Florida's Governor. Unfortunately for his obfuscation, though, I noted that he and 17 other governors signed a letter in ...
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FHA Delinquency Rate Now Above
14%Get Ready for The Mother of All Bailouts
(Read WP posts from Warner Todd Huston) | (Read MT posts from Warner Todd Huston)
Earlier this week, David Hogberg filed an important story at Investors Business Daily:FHA-insured loans have more than tripled from 530,000 in fiscal year 2007 to 1.7 million thus far in 2009. The Government National Mortgage Association, which securitizes FHA loans, has boosted its mortgage-related issuance ...
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Yep, you read that right. In many states car buyers that turned in their "clunkers" for up to $4,500 off the cost of a new car are finding out that they have to pay state sales tax on the $4,500 too. And still others just ...
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Obama's cash for clunkers program will soon be materially hurting the lower middle classes that are not rich enough to be able to buy a new car or to turn their old one in for that 4,000 or so dollars off the sticker price of ...
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This is no longer funny!
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Last month, Sen. John Thune took to the Senate floor and cable news networks promoting his plan for the government to get out of business. His "government ownership exit plan" calls for the governments' troops, as it were, to withdraw from the auto industry, banks, ...
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In politics, it's not about where the poll numbers are today, it's about where they're going to be by the next election.
Some Republicans have said that it's foolish for the GOP to lay down a marker on fiscal issues because Americans love big government ...
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I'm not buying another car from Chryser or General Motors for the foreseeable future, despite the fact that I currently own a Dodge. There are good reasons for taking that position.
At Chrysler, the UAW now owns more the 50% of the company and the sad ...
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Is Obama Using Your Tax Dollars To Reward His Campaign Contributors That Own Chrysler Dealerships?*
(Read WP posts from Warner Todd Huston) | (Read MT posts from Warner Todd Huston)
What Obama is doing with the auto industry is not politics as usual; it's the sleaziest, crookedest, most underhanded use of the federal government since the Teapot Dome Scandal in the 1920s. Barack Obama is using billions of dollars of your money to give his ...
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You can spot the trainwreck coming a thousand miles away,
In better times, many employees of General Motors called their company "Generous Motors" because of its rich benefits.
The latest plan for the troubled automaker, which is expected to file for bankruptcy by Monday, calls for the ...
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A big thank you to my family friend Dave for passing this video along:
It's hard to pick, but "Who can save the poor? Who can pick the teams that are in the Final Four?" and "Who can take your income and tax it all away?" ...
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Since November, liberals have used Barack Obama's personal popularity as a weapon to intimidate Republicans into supporting Democratic policies. For example, when Florida conservative Senate candidate Marco Rubio debuted a TV ad criticizing his Republican rival Charlie Crist's support of Obama's $789 billion "stimulus" bill, ...
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Nothing like a fulminating Senator to bring out murderous impulses and the desire to openly mock:
H/T Brutally Honest ...
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Let's see. We have banks that want to repay their bailout loans, and Los Federales, starting with Little Timmay Geithner and Dear Leader, either won't let them, or are making it extraordinarily difficult. And then there is Chrysler
Chrysler LLC will not repay U.S. taxpayers more ...
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For the second straight month, home sales have increased:
There was another ray of hope Monday for the distressed housing market: the National Association of Realtors said the volume of signed contracts to buy previously occupied homes rose for the second month in a row.
Homebuyers taking ...
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"The stimulus-and-bailout policies have not addressed the fundamental problems of the economy -- namely, an excess of debt and a shortage of capital to spur job creation -- while the entitlement trainwreck of Social Security and Medicare loom immediately ahead. By piling on new trillion-dollar ...
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Our arrogant new lord and monarch, Barack Obama, is displaying the same level of competence as SUPER-CEO of General Motors as he has everywhere else except public relations -- in other words, he's a human 12 car pile up at rush hour.
From Holman Jenkins in ...
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Today, Bernie Sanders writes a column in the Boston Globe about the benefits of Socialism. Oh, the irony. Please rate on YouTube.
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Please send this around to everyone you know and rate it. I was at the same protest that Susan Roesgen attended. Check it out.
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Score: 
