Tag: "Government Bailouts"
Clunker Cash Coffer Catastrophe Causes Congressional Consternation, Conservative Contumely
My latest at AIP involves the Cash for Clunkers program whereby Washington has decided that the car you drive is a blight to Mother Gaia and you should drive a car they like. They’ve offered to pay you for the privilege — up to $4,500 for your old ride — except that the program ran [...]
If This Were Vegas, There’d Be A Lot of Broken Kneecaps
General Motors isn’t the only taxpayer-owned company still pouring millions of our dollars into lobbying operations. There are a whole host of companies out there using your money to get even more of your money from Congress. Some of the biggest banks are also among the more than 30 that have already moved to repay [...]
Good News! GM Won’t Spend Quite so Much of Our Money on Lobbyists!
You’ll be glad to know that General Motors has taken its horrid financial situation to heart and is taking immediate steps to reduce costs, increase its cashflow, and drum up new business. In fact, it’s doing all three things at the same time. General Motors reduced its lobbying spending in the second quarter by only [...]
Nicely Done, GOP Ad People!
This made me laugh. I agree with Allah that it’s hokey but I also agree that they’ll hit the right tone quickly enough. It’s not like they don’t have plenty of material and a year or so to sharpen the humor before the next election. But I did think it was funny. That bit about [...]
Congressional Bailout Corruption Strikes Again
Culture of Corruption? Why, whatever on Earth could you be talking about? Sen. Daniel K. Inouye’s staff contacted federal regulators last fall to ask about the bailout application of an ailing Hawaii bank that he had helped to establish and where he has invested the bulk of his personal wealth. The bank, Central Pacific Financial, [...]



















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