Bank Bailout

Today’s AYFKM? Award: Has Everybody Missed The Irony?

I heard this in the background today and am wondering if anybody else has picked up on the irony and hypocrisy of this statement?  (I'm writing it instead of using a video because hearing it sometimes goes wayyyyy tooooo fast.) "What gets people upset -- and rightfully so -- are executives being rewarded for failure. Especially when those rewards are subsidized by U.S. taxpayers,'' the president said. Am I the only one that thinks that The One is being incredibly hypocritical?  Are we not rewarding failure right now by bailing these banks out?  Why should The One be concerned about…
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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 surely going to make y'all feel warm and fuzzy today: Hill Republican: Stimulus Aids Illegal Immigrants: (Your tax dollars at work!) WASHINGTON (AP) - The $800 billion-plus economic stimulus measure making its way through Congress could steer government checks to illegal immigrants, a top Republican…
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“Fiscal Child Abuse”

Are you sick of people who have no clue what they are doing when it comes to the economy?  If you are one of the millions that cannot stand to look at, nor listen to The One, you can go here for the transcript of yet another empty speech.  I am forced to read this garbage as I cannot even look or listen to this idiot-child. According the The One, we need Government to fix what ails us.  A few people are against the idea of going even farther into the RED than we are already now. As one of…
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Pay Attention! Reasons Why The Middle Class Is So Screwed

On 12/21/08 I wrote "Are We As Dumb As Our Elected Officials?" about the Bailout $$ and the $$ the Fed has loaned to banks to the tune of 2 Trillion.  A commenter (H/T to Kat In Your Hat) over at Puma Pac dropped some info about the following video....so, of course I went looking and found another interesting video to add to your knowledge of why the middle class is so strapped. John Stossel has done a "Give Me A Break" segment on the disappearing bailout cash and also the trillions being loaned by the Fed that will not…
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