What great headlines: “Obama cleared by internal review”1. I’m glad to hear that Barack Obama’s team has reviewed their dealings with Illinois governor Rod Blagojevich and determined that they had “no inappropriate discussions” with Blagojevich and are cleared of any wrongdoing. That’s kinda like me doing an internal audit and telling the IRS that I [...]
Read the story »Most of us would be upset if we lost twenty dollars, ten, or even five. Usually we try to account for the money we earn. Apparently that’s not the case with the banks that have received billions in federal hand outs1. Many of the banks do not want to comment on where the money has [...]
Read the story »According to an article published today by the Associated Press revealed a little bit more of where our bailout tax dollars are going. According to the article, $1.6 billion of our bailout tax dollars have gone to pay the salaries, bonuses and benefits like stock options, personal use of corporate jets, club memberships, chauffeur, housing, relocation assistance and –get this one– personal financial advisers.
Read the story »It appears that our illustrious government has chosen to finally “bail out” ailing auto makers GM and Chrysler with a $17.4 billion “loan”. Under the terms of the loan, the federal government will have the option of becoming stockholders in the companies, much like it has recently done with major banks. GM will also be [...]
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It looks as if we are about to take yet another step in the wrong direction.
WASHINGTON – Congressional Democrats have sent the White House a draft of a roughly $15 billion auto bailout that’s expected to come to a vote this week. According to a draft obtained by The Associated Press, the measure would rush [...]
Thursday afternoon a mysterious banner began circling around the the University of Texas in Austin Texas. The banner read:
“HEY MACK, QUIT WHINING, U KNEW THE RULES”
The banner is referring to Mack’s complaints about the three way tie for the Big 12 Championship. Texas beat Missori and Oaklahoma, yet Texas is left out of the big game. [...]
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