Category Archives: bailout
All the States Above Average
Arnold Schwarzenegger said on Meet the Press Sunday that the federal government owes the Golden State. He claims that his state only gets back $0.78 on the dollar from the feds while Alaska gets $1.86. (I accidentally cheated the mushers out of $0.56 in the cartoon.) Go here to see this part of the interview (if you don’t want to hear the whole thing you can fast forward to the 4:50 mark). In a later section of the interview he smacks the California congressional delegation for supporting the health care bill which he says will be an economic blow to their state .
Fly-over Country
House Democrats have asked the health insurance industry for detailed financial records. An industry spokesman called it a fishing expedition. Here’s the story in the Chicago Tribune. And here’s a WSJ analysis of congressional travel habits.
Bailout
Robert Gates called the stealth F22 Raptor a relic of the cold war. The Senate exercised its awesome power, 58-40, to make it extinct. What is GM a relic of?