Yeah! Tell me another one! Whew. OK. Let’s get serious. Obama, as usual, is attacking the concept of personal responsibility. The concept that people willingly and knowingly incurred a debt is meaningless to Obama. Completely. Under his watch, the student loan program has been removed from the private sector and made federal ( that’s called [...]
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I complained about Kenneth Feinberg going where no federal government should ever go. Without any constitutional authority whatsoever, he decided TARP recipients’ salaries. That’s just communism. When Karl Marx wrote the Communist Manifesto, one of the key elements was controlled income. I’m sure Anita Dunn is thrilled. Now, in my previous post I pointed out [...]
Tags: bank, communism, federal reserve, kenneth feinberg, loan, obama, pay czar, salaries, small business, tarp
Posted in Ethics, Fed Policy | No Comments »