Posts Tagged ‘bailout’

Looking back on minimum wage

December 14th, 2010 | No Comments

I had this to say a while back: Fair warning here folks, the next couple of years will suck if you’re an independent business owner That was in reference to Ted Kennedy wanting to raise the minumum wage because Nancy Pelosi and the Democrats took over Washington.  He got what he wanted.  Unemployment increased more [...]

Bailout promises, Mao’s famine and bad incentives

November 10th, 2009 | No Comments

I’ve stolen that title from Classically Liberal.  It’s not really the point I’m shooting for, but it’s close enough and the article is a riot.  A lot of people have been claiming Obama’s socialist.  I have for that matter.  However, people supporting Obama have dismissed those claims as rhetoric.  However, Obama’s White House PR person [...]

Leading by example

May 19th, 2009 | No Comments

President Obama recently sent out a very clear message to companies receiving bailout money: …”You can’t go take a trip to Las Vegas or go down to the Super Bowl on the taxpayer’s dime” This aggravated the governor of Nevada quite a bit.  The Las Vegas Convention and Visitors Authority reports over 400 conventions and [...]

Pelosi’s culture of corruption – Dianne Feinstein

April 21st, 2009 | No Comments

This needs some looking into: On the day the new Congress convened this year, Sen. Dianne Feinstein introduced legislation to route $25 billion in taxpayer money to a government agency that had just awarded her husband’s real estate firm a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms, the [...]

Bailout Mascot

February 17th, 2009 | No Comments

A friend sent me this.  Love it!

Pulling the wool over our eyes

February 5th, 2009 | No Comments

Representative Lynn Woolsey is in the same bed as Nancy Pelosi ( now is that a scary vision or what? ): Sift through their self-righteous attacks on the Senate floor and the bluster of their talking heads on FOX News, and there’s an important aspect of the debate over the recovery package that the Republicans [...]

Obama’s hiccups

January 14th, 2009 | No Comments

Everyone is saying this has been a near-flawless transition: It had to come some time. Despite a nearly flawless transition period of astute, substantive and widely praised cabinet appointments, the nascent Obama administration has unintentionally provoked its first controversy. Significantly, it is in the sphere of national security. I haven’t been quite as impressed. Bill [...]

Southern Republicans oppose Big 3 bailout because they have foreign autmoakers?

December 12th, 2008 | No Comments

That’s the argument being made today after the collapse of the Big Three bailout.  For the record, it came because UAW refused to bargain. Now, this argument is so bogus it’s amazing.  People are actually debating this issue as if it’s fact.  One of the states being singled out is Kentucky because of Mitch McConnell.  [...]

The politics of bailouts gone bad

December 1st, 2008 | No Comments

Now, that title is a little iffy.  it could be read the politics of “bailouts gone bad”.  Or, it could be read “politics of bailouts” gone bad.  I love equivocating, it keeps people on their toes.  With what we are experiencing today, both would apply. A couple of weeks I made my argument on why [...]

First casualty of the Automaker meltdown?

November 21st, 2008 | No Comments

While Ford, GM, and Chrysler fly expensive jets to beg for money to keep the UAW happy so that they’ll keep contributing millions to the Democrats from the Big Three’s billion dollar losses, a minor fourth ceased existance this week.   That’s right, the Yugo is no more. This tiny, ugly, and unreliable car existed [...]