Now That Money's Being Distributed, Bailout Meant To Be Transparent Cloaked Under Veil Of Secrecy picked by chappy 1 year ago

The Paulson Plan is not technically a bailout. The government isn't just giving the banks billions of dollars, they are purchasing loans at pennies on the dollar. The Feds can pump up the economy, increasing the ability of the loans to be repaid and end up with a huge profit. picked by 2manyusernames 1 year ago

"A bailout at this stage would be the worst possible outcome for American taxpayers and mortgage holders, who have been paying a risk premium to these foreign investors. It would change the rules of the game retroactively and would directly subsidize the risks taken by sophisticated foreign investors.""A bailout of GSE bondholders would be perhaps the greatest taxpayer rip-off in A... read full post picked by siennablue 1 year ago

It seems the White House auto industry task force will review the Chevy Volt's technology when meeting with GM and Chrysler. Does this mean that green technology development might be part of the conditions for Obama's bailout? It certainly would fit with his green agenda. picked by amabaie 9 months ago

Larry Flynt and "Girls Gone Wild" king Joe Francis head to Washington to seek a bailout for the struggling Porn Industry. "With all this economic misery and people losing all that money, sex is the farthest thing from their mind." picked by mattgup 11 months ago

What the mortgage bailout means for you. picked by blurmore 2 years ago

People start investing in canned food and shotguns picked by Moe 1 year ago

In the latest run-up in prices, Wall Street speculators - some of them recipients of billions of dollars in taxpayers' bailout money - may be to blame.Big Wall Street banks such as Goldman Sachs Group Inc., Morgan Stanley, and others are able to sidestep the regulations that limit investments in commodities such as oil, and they are investing on behalf of pension funds, endowments, hedge funds, a... read full post picked by TraumaMamma 6 months ago

Confirmation from James Inhofe (R-OK) that Sec. of Treasury Henry Paulson alluded to implementation of martial law if bailout measures not taken.

The site seems to be supporting LaRouche, but that is beside the point picked by fugazi 12 months ago

Thanks for the bailout, Mickey! picked by hypnotode 11 months ago

By Senior Economics Lecturer at Harvard University, Jeffrey Miron.

" The right view of the financial mess is that an enormous fraction of subprime lending should never have occurred in the first place. Someone has to pay for that. That someone should not be, and does not need to be, the U.S. taxpayer." picked by JoshSF49 1 year ago

Who needs a high risk loan!!!? picked by Alton 1 year ago

In the latest brain-dead scam, some politicians are calling for spending billions of tax dollars to delay the death of newspapers. Perhaps rotary phone makers and 8-track cassette companies can get in this as well. picked by 2manyusernames 11 months ago

It is exceedingly difficult to convey exactly how much we are spending on all these bailouts. Whenever I start talking trillions (versus mere billions), I get puzzled looks from people. Humans have a hard time conceptualizing any number that large. I wanted a graphic way to clearly show how astonishingly ginormous the amounts involved were. picked by bornbad 5 months ago

The Senate on Thursday night abandoned efforts to fashion a government rescue of the American automobile industry, as Senate Republicans refused to support a bill endorsed by the White House and Congressional Democrats. picked by muppet 12 months ago

Will they never learn? Will we? Following an additional 37.8 billion in bailout money, we learn that AIG spent $86,000 for a hunting trip to England picked by tigertony 1 year ago

It ain't pretty, but it's all they've got. The whole thing stinks, but I can't offer up a better alternative. picked by Rowangrey 1 year ago

I thought for sure someone would have also posted this skit from last Saturday night's SNL show... picked by Nateebiinature 1 year ago

Two days after the failed house vote and before the Senate vote, Ron Paul gives his opinion on the bailout again. picked by JoshSF49 1 year ago

Just in case you were not pissed off at them before. I KNEW this would happen when this stupid bill was passed in the first place.

Yes, as through this world I've wandered
I've seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen. picked by Moe 11 months ago