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From the category archives:

bailout funds

The Forgotten Man

September 14, 2011

My PC crashed the day before Obama's "jobs" speech, where we discovered that our spendthrift President wants to fork over another $450 billion in hard-earned taxpayer cash for Stimulus II, the American Jobs Act. Because the federal government doesn't actually pay for anything anymore, the bill for Obama's latest spend-o-rama will come due on some [...]

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How Obama Saved Chrysler

June 2, 2011

I was reading a New York Times article about how Chrysler was repaying it's bailout loans six years early. This prompted the Democratic National Committee (DNC) to praise the Great And Powerful President Oz-bama for saving the Chrysler car company against the wishes of the evil Republican flying monkeys. Presumably, the flying monkeys wanted to [...]

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Shazzam ! Responsibility Gone !

August 11, 2010

Liberals, after 8 years of complaining about President Bush running up the federal debt (as did I), and after 20+ years of complaining about President Reagan running up a relatively minor amount of debt (Obama ran up nearly as much debt in his first year as Reagan did in two full terms), now wholly embrace [...]

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Relearning American Greatness

June 21, 2010

Reading several recent news stories, it occurred to me that other countries understand what made America great better than we do these days, or at least better than our current leadership does. There are several lessons we need to relearn. The first lesson comes from a news item I read about how China will soon [...]

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Of Oil Spills And Big Government

June 20, 2010

Let's start with this heartbreaking three minute video from ABC News, showing state/local governments and citizens trying to take matters into their own hands to stem the oil spill tide. These folks are tired of waiting for the federal government to give them permission to prevent the destruction of their ecosystems (I apologize for the [...]

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Living On Borrowed Time

June 17, 2010

The United States of America is the biggest debtor nation in the world. China is the biggest creditor nation in the world. We owe China over $900 billion. We owe Japan nearly that much. Our total foreign debt owed is $3.96 trillion (link). Our total federal debt is over $13 trillion, and climbing at a [...]

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The Goldman Sachs Diversion

April 26, 2010

On April 16, 2010, the Securities And Exchange Commission (SEC) filed a civil fraud suit against Goldman Sachs, alleging that the Wall Street investment bank sold mortgage-backed securities to investors that were secretly designed to fail. About a week later, A Senate subcommittee investigating the financial crisis released internal Goldman Sachs e-mails that seemed to [...]

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GM Repays TARP Money…With Other TARP Money

April 23, 2010

A couple days ago, General Motors and the Obama administration (which are the same thing now) touted GM's repayment of it's bailout money: "This is the new pace of GM today. GM's ability to pay back the loans ahead of schedule is a sign that our plan is working." – GM Chief Executive Ed Whitaker, [...]

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An Idiot, A Shill, And The Road To Serfdom

April 1, 2010

The Dumbest Thing I've Ever Heard – “Imagine if somebody were to really sit down with Osama Bin Laden and say, ‘listen man,what is it that you’re so angry at me about that you’re willing to have people strap bombs to themselves, or get inside of airplanes and fly them into buildings.’ That would be [...]

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Savvy Businessmen

February 11, 2010

From Bloomberg Press: President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay. The president, speaking in an interview, said in response [...]

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The Politicization Of Jobs

February 6, 2010

Here's Speaker Of The House Nancy Pelosi (D-CA), talking about job losses: “…misguided economic policies have failed to create jobs. Since [the President] took office, the country has lost 3.2 million jobs, the worst record since President Hoover…Job losses are taking a real toll on the financial security of American families…According to today’s survey, while [...]

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Jive, Cronies, and Demagogues

January 15, 2010

Democrats have been telling us that Harry Reid's comments about President Barack Obama were NOT racist. Reid said Obama could become President because he was "light skinned" and had "no Negro dialect unless he wanted to have one." Dems also tell us that Bill Clinton's remarks about Barack Obama were NOT racist. Clinton told Ted [...]

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