Remember when TARP 1 was supposed to be used to ease the credit crunch and free up money for small businesses? Remember when AIG was considered too big to fail? Now that $186 Billion Dollar Fiasco continues.
A timeline is in order, and I ask that you read this until you understand it. It is time [...]
Tag Archive: Hank Paulson
The Continuing AIG Saga
The Day After….The Hangover Continues
It is the day after the Democrats in the House passed the $819B, (really $1.2 Trillion), stimulus/spending package with all of Nancy’s pet projects getting their share of our pie, and what do I wake up to? The DOW has given back half of it’s gains from yesterday (so far), and two articles that are [...]
The Treasury Helps GM Slap Ford (AND US) In The Face: UPDATED
UPDATE: The Today’s Are You Freakin’ Kidding Me Award WAS going to go to the Federal Commission that thinks raising the gas tax on Americans by 10 cents per gallon is a really good idea, but it has been pre-empted by GMAC!!! (IMAGINE THAT!!!!)
GMAC is sponsoring the GMACBOWL using our tax dollars and even worse:
GMAC [...]
Is Everybody Sick To Death Of Hank Paulson Yet?
If you do not think Hank Paulson is an enemy of the United States after everything he has done in the last six months in regards to the original 3 Page Bailout Proposal, and now our Tax Dollars (Bailout Money) disappearing into the ether, take a gander at this!
Treasury antes up in auto bailout
Stepping into [...]
Are We As Dumb As Our Elected Officials?
…or are we just too busy trying to keep roofs over our heads, and our children fed?
Just asking, just want to know…
The Monster has had so much angst for days now that I have not been able to write anything until this evening when I read an article that was reminiscent of a post I [...]
Is The Fed Following The Lead Of The One?
I suppose it is okay for the Fed to follow the lead of The One when it comes to refusing to disclose any important documents.
Bloomberg:
Dec. 12 (Bloomberg) — The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets [...]
Want To Play Dominos?
Wow, the average American that was screaming to NOT bailout the banks and everybody else that has lined up since was right, and the guys who started the dominos falling, Paulson and Bernanke (besides backing The One), were wrong. Please remember that all of the dominos started when the Fed stepped in and took over [...]
