Allentown: A Case Study
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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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]