Hypocrisy

You've already given hundreds of billions to banking and finance companies -- and hardly demanded anything. Yet you balk at the very idea of giving $25 billion to the Detroit Three. Heck, you shoveled that exact amount to Citigroup -- $25 billion -- just weeks ago, and that place is about to crumble anyhow.

Does the word "hypocrisy" ring a bell? ...

First Bad Decision?

Officials: Obama to ask Gates to stay at Pentagon ...

The $70 per hour myth

As Rep. Barney Frank (D-MA) pointed out during congressional hearings last week, "There is apparently a cultural condition that's more ready to accept aid to a white-collar industry than the blue-collar industry, and that has to be confronted." ...

Questioning the Bailouts

U.S. Plan to Aid Citigroup Said to Be Near Approval ...

But no bailout for the Auto Industry??????????????????

Lesson to be Learned?

One Trillion Dollar Deficit for 2008

"A trillion-dollar deficit is not only something you wouldn't have seen in an economic textbook, it is something that even a science fiction writer would not dare mention," said Stan Collender, one of the nation's most re spected budget analysts, who was a budget staffer for both the House and Senate and now works for a Washington corporate communications company. ...

That's over $3,000 for every American!

No Hurry?

President Bush has been noticeably absent from the machinations aimed at righting the nation's financial course. Analysts and key players differ over whether President-elect Barack Obama should get his economic team in place and take charge, or sit back and await his turn at the helm.

"Somebody has to speak up soon," said CNN senior political analyst David Gergen, explaining that he understands why Americans are growing anxious and yearning for direction and leadership. ...

Reality

The collapse of GM would cost the government as much as $200 billion should the biggest U.S. automaker be forced to liquidate, Nariman Behravesh, chief economist at IHS Global Insight Inc. in Lexington, Massachusetts, estimates.

A GM failure would mean “more aid to specific states like Michigan, Ohio, and Indiana, and more money into unemployment and extended benefits,” Behravesh said Nov. 15. ...

Michigan, Ohio, and Indiana delivered for Obama. Will he reciprocate?

Beggar Nation

US seeks 300 billion dollars from Gulf states: report ...

2.5 Million Worthless Jobs

U.S. auto companies employ nearly a quarter-million workers, and more than 730,000 other people have jobs producing the materials and parts that go into cars. About 1 million on top of that work in dealerships nationwide. If just one of the auto giants were to go belly up, some estimates put U.S. job losses next year as high as 2.5 million. ...

1 million jobs lost at $1,000 is $1 billion dollars.

Isn't $25,000 per job a sound investment?

If 2.5 million jobs are lost, it is $10,000 per job!

Suggestion: Let Wall Street Stock Brokers, Fund Managers, Traders, ... work the production lines at the GM, Ford & Chrysler.

Nothing for 3 million jobs?

$700 Billion Bailout for Wall Street but GOP proposes NOTHING for GM where:

three million people would lose their jobs ...

Huh??????

For all his defense of markets, Bush this year extended the reach of government by backing bailouts of American International Group Inc., Bear Stearns Cos., Fannie Mae and Freddie Mac. His administration is also implementing a $700 billion financial rescue program which U.S. Treasury Secretary Henry Paulson yesterday shifted toward relieving pressure on consumer credit, scrapping an effort to buy devalued mortgage assets.

Still, Bush argued today that government intervention isn't a ``cure-all'' and that the crisis was caused by failures among investors, regulators and governments rather than the free-market model. He said steps taken so far by governments and central banks were thawing credit markets and stabilizing financial conditions, although he acknowledged ``more difficult days ahead.''

Officials overseas have heaped blame on the U.S. and the notion of unfettered markets promoted by Bush for sparking the turbulence. ...

Well Said

``It was interesting to watch him go upstairs,'' Bush said of Obama's visit. ``He wanted to see where his little girls were going to sleep. Clearly, this guy is going to bring a sense of family to the White House, and I hope Laura and I did the same thing. But I believe he will, and I know his girls are on his mind and he wants to make sure that first and foremost, he is a good dad.'' ...

The $54 Trillion Gorilla

As bad as it is, the situation could get far worse. At the House hearing, Rep. Jim Cooper, a more conservative Democrat from Tennessee, brandished a copy of the official Financial Report of the United States Government, which outlines the $54 trillion fiscal gap, primarily unfunded liabilities, ...

a cost of $175,000 per person

Ironic

Minnesota Ripe for Election Fraud ...

The Fox Network has no qualms about the NFL 'challenge' system!

Prop 8



MSNBC Votes For Four More Years Of Keith Olbermann ...

Dictatorship

Republican Congressman Warns of Obama Dictatorship ...

However, they fully supported the Bush Dictatorship ...

AIG

$150 billion more for AIG: US gov't. ...

The AIG bailout is $500 for every US citizen!

More Waste of Our Money

Government provides new aid to AIG ...

Our Money?

The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral. ...

That's $6,667.00 of your tax money!

Cuckoo

"The Obama recession is in full swing, ladies and gentlemen," Limbaugh told his radio audience of 15 million to 20 million on Thursday. "Stocks are dying, which is a precursor of things to come. This is an Obama recession. Might turn into a depression." ...

Hey Rush, Obama won't be president until January 20, 2009!

Cry Babies

Jon Kyl, the second-ranking Republican in the U.S. Senate, warned president-elect Barack Obama that he would filibuster U.S. Supreme Court appointments if those nominees were too liberal. ...

Wasn't this the same party who wanted to go nuclear on filibusters in 2005?

Bush's Legacy

Historians: Bush presidency 'battered,' 'incompetent,' 'unlucky' ...

October Job Report

The government reports more grim news about the economy: 240,000 jobs lost in October; unemployment rate spikes to 6.5 percent. ...

Remember those who said the 'economy is fundamentally strong':

• McCain
  
• Bush
  

Now watch as their party tries to blame this on Obama ...

Too bad we'll have to wait for January 20, 2009 for better employment numbers

The $10,000 per person screw-job!

Bailout Critic: Plan Could Cost $3 Trillion ...

The Math:

3 X 10^12 (ie. 3 trillion $) divided by 300 X 10^6 (ie. 300 million US citizens) is

$10,000 for each and every US citizen!!!!!!!!!!

New Day

Ass Kicking

With Ohio and PA, Obama has election nearly wrapped up ...

The Die is Cast

The Invisible Man

Bush absent from campaign trail ...