This story is a few days old now, but I meant to post it, so I will. From the Washington Post:
“When the credit crisis struck last year, federal regulators pumped tens of billions of dollars into the nation’s leading…
Politic.ology’s favorite New Zealand Free-Market blogger seems to think so. From Critical Thoughts:
FDIC running empty already?
Noticed this at Mich’s blog.
So what will likely happen next? The market will likely selloff hard again, then the US government will…
Goldman Sachs announced Tuesday a record quarterly profit of $3.44 billion in the second quarter. What great news! The economy is finally on an upswing and taxpayers will start getting their money back from the massive bailout of the financial…
No shit. They actually passed the “Cash for Clunkers” bill. I think I’m going to be sick.
Way to reward people for bad decisions they’ve already made. Add this one to the bailouts, unemployment/ COBRA benefit extensions and the homebuyer tax credits as…
From Ezra Klein at WaPo:
Binyamin Applebaum’s look at the effort by banks to repay their TARP capital comes complete with this helpful graph:
And that’s all capital raised on the private market. One odd argument I stumbled upon while…
“I must study politics and war that my sons may have liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history, naval architecture, navigation, commerce, and agriculture, in order to give their children…
As part of his ongoing campaign to circumvent the D.C. political process and appeal directly to the American people, Barack Obama was on 60 Minutes last night.
During the twenty minute interview, Steve Croft asked serious questions, and President Obama…
Republican Governor Bobby Jindal signaled he might not accept stimulus dollars:
“Louisiana Governor Bobby Jindal, a potential 2012 GOP presidential candidate, has suggested his state may not be interested in all of the roughly $4 billion allotted to it in…
Rasmussen Reports has it that only 42% of the American people support the economic stimulus plan on offer by the Congressional Democrats. 34% of Americans oppose the plan.
Those numbers are down from last week, when 45% supported the plan…
The Columbia Journalism Review has done some Googling, and put together a helpful guide for taxpayers (and, more importantly for we of the 18-24 set, future taxpayers) interested in knowing where the $1,500,000,000,000 and counting of government spending is heading.…
