GM

Glenn Beck, Crash Course Week: The Economy (9.6.2010)

Judge Andrew Napolitano is hosting Glenn's 'Crash Course' Week as Glenn is on vacation. This week's programs will be a recap of Beck programs that have outlined the history behind the events that have been occurring in our nation since the installation of Barack Obama. Today's program is all about the economy, Obamacare, the travesty of the Fin-Reg bill, cutting spending, unsustainable pension funds, and the insanity of bailing out GM. I only take issue with the movement of money in the buckets (you'll understand when you see it), as all the money that GM collected in the first bailout…
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The Slippery Slope (UPDATED; Pay Caps & GM)

THIS would be the reason why the government should not be allowed to bailout private companies and then tell them what to do, AND the reason we haven't been able to trust the government and would be fools to continue to do so. Feds threatened to oust BofA execs over Merrill deal Government regulators threatened to remove top Bank of America executives if they backed out of a buyout of failing brokerage giant Merrill Lynch, and offered to provide taxpayer funds to compensate for Merrill's poor performance, according to company records obtained by The Washington Times. The documents - e-mails…
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What’s Wrong With This Headline?

"GM borrows $4 billion more, prepares for bankruptcy" I KNOW I am not the only one that sees the absolute insanity of that headline.  If any of us, or any small business owner was in the position of Chrysler or GM trying to get funding, our banks and creditors would be laughing so hard, they would need to change their undies as they were slamming the door on our behinds.  Instead, the secured creditors are being kicked to the curb so that the Feds and the UAW can own both these automakers, and if any of you think "we the…
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