Archive for the 'Economy' Category

Allentown: A Case Study

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Friday, December 4th, 2009

Obama’s Broken Promises

Back before the election, President Obama made promises about what he would do as President. Since his Inauguration, the President has broken many of these pledges. Who could have seen this coming? Remember the promise of no lobbyists in the Obama Administration? He broke that, as seen in the list of [...]

Thursday, July 9th, 2009

Shocker: Chrysler Won’t Repay Bailout Money

There goes that cash… straight down the money pit.
But, hey, what’s $7 Billion among friends. Especially nowadays:
Chrysler LLC will not repay U.S. taxpayers more than $7 billion in bailout money it received earlier this year and as part of its bankruptcy filing.
This revelation was buried within Chrysler’s bankruptcy filings last week and confirmed by the [...]

Wednesday, May 6th, 2009

Fox Business Wins Suit Against Treasury

Looks like the Treasury will actually how to tell us all how they’re wasting our money. That’s the end result of Fox Business Network’s Freedom of Information Act lawsuit against them:
FOX Business Network has won a victory against the Treasury Department in its Freedom of Information Act request for details about the [...]

Friday, February 20th, 2009

Chrysler Expected to Fail Despite Bailout

Well, there’s absolutely no way anybody could have ever seen this coming. There was no way to ever predict anything like this. No posible way to figure out that the massive bailout madness would backfire and leave the tax payers holding the tab. Who would’ve thought that the brilliant thinking behind all of this could [...]

Thursday, January 8th, 2009

Porn Industry Wants 5 Billion Dollar Bailout

In a move that has the potential to be the most egregious story of this entire massive bailout madness the porn industry will ask for a 5 billion dollar bailout.
CNN reports:
Another major American industry is asking for assistance as the global financial crisis continues: Hustler publisher Larry Flynt and Girls Gone Wild CEO Joe Francis [...]

Wednesday, January 7th, 2009

New Chrysler Ad Campaign: Thanks for the Free Money America!

That’s the new ad campaign from our friendly failures at Chrysler. A great big thanks for the quick cash!
Well I have a little message for Bob Nardelli and Chrysler. Most of America never wanted to bail you out. We are not happy that you got bailed out. And we certainly do not want you to [...]

Friday, January 2nd, 2009