Category: The Economy and Your Money

The Democrats Might Just End Up Killing Someone Before We're Done

The Democrats Might Just End Up Killing Someone Before We're Done

| March 19, 2009 | 2 Replies

The rhetoric swirling around the AIG bonuses has gotten completely out of control and it may well get someone killed. Instead of trying to moderate themselves and bring the conservation back down to reasonable levels, however, Democrats have stomped on the Angry Accelerator. Here is Congressman Gary Ackerman interviewed by Neal Cavuto: yesterday: ACKERMAN: The […]

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So When Do They Start Calling for Chris Dodd's Head?

So When Do They Start Calling for Chris Dodd's Head?

| March 18, 2009 | 4 Replies

Liar, liar, pants on fire. Senate Banking committee Chairman Christopher Dodd told CNN’s Dana Bash and Wolf Blitzer Wednesday that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses. Here’s the video of Dodd tap-dancing his way toward the […]

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So When Do They Start Calling for Chris Dodd’s Head?

So When Do They Start Calling for Chris Dodd’s Head?

| March 18, 2009 | 4 Replies

Liar, liar, pants on fire. Senate Banking committee Chairman Christopher Dodd told CNN’s Dana Bash and Wolf Blitzer Wednesday that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses. Here’s the video of Dodd tap-dancing his way toward the […]

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The Federal Government's New Rules of Finance

The Federal Government's New Rules of Finance

| March 18, 2009 | Reply

It’s a new day out there, a new Age of Hopenchange, which means that the old rules no longer apply. There are shiny new rules that will make America more “just” and bring about an end to misery and woe. And speaking of woe, Congress is trying to make all your woes right. With some […]

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The Federal Government’s New Rules of Finance

The Federal Government’s New Rules of Finance

| March 18, 2009 | Reply

It’s a new day out there, a new Age of Hopenchange, which means that the old rules no longer apply. There are shiny new rules that will make America more “just” and bring about an end to misery and woe. And speaking of woe, Congress is trying to make all your woes right. With some […]

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If Geithner Had Any Employees, They'd Be Eyeing His Furniture Right Now.

If Geithner Had Any Employees, They'd Be Eyeing His Furniture Right Now.

| March 17, 2009 | 3 Replies

Moe Lane looks to be starting a Tim Geithner Desk-Cleaning Pool. He’s not offering prizes, but it could be fun to play. Put me down for Friday, March 27th at 3 PM. Here’s my reasoning. The President will announce it over the weekend so it has less of a splash. I would have chosen this […]

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If Geithner Had Any Employees, They’d Be Eyeing His Furniture Right Now.

If Geithner Had Any Employees, They’d Be Eyeing His Furniture Right Now.

| March 17, 2009 | 3 Replies

Moe Lane looks to be starting a Tim Geithner Desk-Cleaning Pool. He’s not offering prizes, but it could be fun to play. Put me down for Friday, March 27th at 3 PM. Here’s my reasoning. The President will announce it over the weekend so it has less of a splash. I would have chosen this […]

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The Administration's Response to the AIG Bonuses Smell Like Desperation

The Administration's Response to the AIG Bonuses Smell Like Desperation

| March 16, 2009 | 1 Reply

The administration has found a new villain on which to focus the public’s attention while it rummages around to see if there’s some other hoary economic policy from the 1930s it can dust off and slap onto our recession. Today’s bogeyman is AIG, which decided to honor the contracts it has with its employees and […]

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The Administration’s Response to the AIG Bonuses Smell Like Desperation

The Administration’s Response to the AIG Bonuses Smell Like Desperation

| March 16, 2009 | 1 Reply

The administration has found a new villain on which to focus the public’s attention while it rummages around to see if there’s some other hoary economic policy from the 1930s it can dust off and slap onto our recession. Today’s bogeyman is AIG, which decided to honor the contracts it has with its employees and […]

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You Want Private Capital in Banks? Cut Taxes.

You Want Private Capital in Banks? Cut Taxes.

| March 15, 2009 | Reply

This is an interesting point of view from a member of the administration’s economic team. WASHINGTON (Reuters) – The Obama administration expects private capital to bolster government funds to help the recovery of U.S. banks, Austan Goolsbee, a key adviser to the Democratic president, said Sunday. The only problem is that the government has scared […]

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