Category Archives: bailout
Eric Holder’s Wars
Eric Holder’s Justice Department sued Standard and Poor’s for giving bad advice. That bad advice consisted of high ratings the company gave for mortgage backed securities leading to the 2008 meltdown.
Jack Lew, the president’s nominee for Treasury Secretary, worked for Citigroup’s subprime department during the time leading up to the 2008 meltdown. Lew was rewarded with a nearly million dollar bonus following Citigroup’s government bail-out.
In an effort to divert attention from Lew (okay I made that up), the White House released Justice Department documents justifying the killing U.S. citizens without judicial review. I didn’t make that up.
Location Location
U.S. taxpayers live in a bad neighborhood. Now the good neighbor, FHA, may be headed for a bail-out. FHA is $16 billion in the hole – we’re $16 trillion in the hole. How does that work?
Fiscal Cliff
Biden Bin Laden Benghazi
Here’s Biden’s surprisingly pithy remark. And here’s Hillary saying of Libyan dictator Gadhafi, “We came. We saw. He died.”
Before The Fall
The president is threatening that there’s more where the auto bail-out came from.
Meanwhile a Congressional Budget Office report says a walk off the fiscal cliff will plunge the economy back into recession.
