Greece is in turmoil, massive riots, murders, burning of buildings. The International Monetary Fund is looking to bail out Greece. Of that, roughly 35 BILLION DOLLARS will come from the US tax payers.
So if we bail out Greece and they don't actually change their spending ways, then what about...
Well, here's a WTH point in my day. They took out loans, (financed by stolen money) and then repaid the loans with more TARP loans. Seriously?
via Reason
Read the rest at Reason. See the video and click the links. This is amazing.
Chrysler Says It Won't Pay U.S. (Us) Back
If you're keeping a list of who's been naughty or nice, you might want to sharpen your pencil for Chrysler and GM.
In a special message of holiday cheer, Chrysler announced through filings last week that its pre-bankruptcy self doesn't appear to want...
Preserve government at all costs. Nothing should be done to downsize government. Continue the status quo and demand that all the other states pick up the tab, because you're government and its myriad programs are too bleeding big. Preserving their power is all they're about in every state. It's...
Here's an article that I found that shows more smoke and mirrors on why we as the tax payer are not really going to make money on our "investment"
washingtonpost.com
December 8, 2009http://detnews.com/article/20091208/AUTO01/912080414
Obama administration predicts $30B loss on auto bailout
DAVID SHEPARDSON
Detroit News Washington Bureau Washington -- The Obama administration will tell Congress Wednesday that it expects to lose about $30 billion of the $82...
Congressional Oversight Panel report says most of the $23 billion initially provided to General Motors Corp. and Chrysler LLC late last year is unlikely to be repaid.
AP
Wednesday, September 09, 2009
WASHINGTON - Taxpayers face losses on a significant portion of the $81 billion in...
Posted By Bob Owens On March 17, 2009 @ 11:31 am In Legal, Money, Politics, US News | 56 Comments
Barack Obama’s lack of leadership in a down economy has now hit [1] crisis proportions, as his claimed inability to block millions of dollars in bonuses for executives of bailout recipient AIG has...
This is an excellent explanation of how the Government bailout works for us all.
Young Chuck, in Montana, bought a horse from a farmer for $100. The farmer
agreed to deliver the horse the next day.
The next day the farmer drove up and said, 'Sorry son, but I have some bad news.
The horse...
First, my biggest question, where are they getting all this money? We don't have it so this will just decrease the value of the dollar when they print all this new money, right?
Second, all these :bs: packages from the mayors of cities are asking for things that will not stimulate the economy...
By JULIE HIRSCHFELD DAVIS and KEN THOMAS, Associated Press Writers Julie Hirschfeld Davis And Ken Thomas, Associated Press Writers 22 mins ago
WASHINGTON – A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to accede...
FOXNews.com - Big Three Auto Execs Flew in Luxury Jets to Seek Multibillion-Dollar Bailout - Local News | News Articles | National News | US News
Ok whats everyone thoughts on this one. Really don't we have enough cars already? I am from a ghost GM town and personally would just rather just...
More pigs at the trough, trying to feed on our tax dollars.
The mayors—Michael Nutter of Philadelphia, Shirley Franklin of Atlanta and Phil Gordon of Phoenix—made their request in a letter to Treasury Secretary Henry Paulson.
Nutter said cities are facing an economic crisis not seen since...
Yeah, that pile of $ that we HAD to spend to keep the universe from imploding, I guess it could be used for whatever, you know, since it is free $ and all:
Uses for $700B Bailout Money Keep Changing
Like no one saw this coming. Have financial institutions that squandered untold billions...
Let them know their asses are out on the street next time they are up for election:
Senator Bayh
5400 Federal Plaza
Suite 3200
Hammond, IN 46320
(219) 852-2763
(219) 852-2787
Senator Lugar
175 West Lincolnway
Suite G-1
Valparaiso, Indiana 46383
(219) 548-8035 p
(219) 548-7506 f
Michelle Malkin » Flash: Senate bailout vote scheduled tomorrow at approx. 9pm Eastern; shamnesty tactics all over again
I have already contacted Bayh and Lugar. Call today and stop this madness.
Senator,
I urge you to vote no today on the proposed bailout. Attaching this to another piece of...