Bankruptcy

Glenn Beck, 9.22.2010: $202 Trillion In Debt And Progressive Manipulation Through Regulation

Glenn continues his campaign to get Americans to think and process information like a progressive so as to understand what the progressives are actually working toward within our society; i.e. Obamacare.  He also covers how the progressives are 'nudging' the country into a globalist direction, and that when enough Americans actually realize that it is Conspiracy FACT, it will be too late to save our nation. Remember the economist that Glenn was speaking about earlier in the show? Laurence Kotlikoff's op-ed pieces from Bloomberg on August 10, 2010. U.S. Is Bankrupt and We Don't Even Know It: Laurence Kotlikoff Let’s…
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A Peek At Obamacare’s True Cost: Caterpillar & Cahill

Anybody who has a couple of little grey cells speaking to each other amicably will know that Obamacare (as written now) is just the beginning of a universal, single payer, healthcare system that will bankrupt the nation.  Bahana C. Obama states it himself, (and so does Nancy; “Kick open that door, and there will be other legislation to follow,” she said. “We’ll take the country in a new direction.”). Caterpillar and Massachusetts Treasurer Tim Cahill give us a peek at what the true cost of Obamacare will spiral toward. Caterpillar: Caterpillar: Health care bill would cost it $100M Dow Jones…
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Another Blow To Small Business? CIT Files Bankruptcy

I dragged this out of the vault; from July 17th, 2009.  Go here for the timeline of CIT's problematic financial milestones. Glenn Beck & Charles Payne; 7.17.09 CIT Files Its Bankruptcy Plan Customers Gird for Snags; Usually No Chapter 12 for Banks CIT Group Inc. filed for bankruptcy protection Sunday, in a final attempt to restructure and keep the doors open at the century-old commercial lender. Now, the lender to nearly a million small and midsize businesses must maintain its customer base as it tries to rehabilitate under Chapter 11 protection. Most financial firms sell off assets or liquidate in…
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Capmark Files Chapter 11

Here we go kids - with all the hullabaloo about a national emergency for a milder version of the seasonal flu, Cheney's comments about the resident, Joey Biden off to a GM plant on Tuesday, and the war on Fox News; the collapsing commercial real estate market may just fly under the radar. Capmark Financial Group Inc. Seeks To Restructure Balance Sheet Through Chapter 11 Reorganization Process (Reuters) HORSHAM, Pa.--(Business Wire)-- Capmark Financial Group Inc. ("Capmark") today announced that Capmark and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in…
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