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 [...]

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 [...]

Its from CATO (h/t Malkin):

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In an incredibly stupid move the Bank of America has given in to protesters who were demanding money from them despite the fact they have no legitimate reason to do so.
The absurd decision to surrender to the Republic windows and doors employees comes shortly after the workers decided to occupy their old factory. The workers [...]

Proving that incompetent and irresponsible people will be incompetent and irresponsible no matter how many breaks you give them or how much taxpayer money you throw at them, U.S. Comptroller John Dugan revealed yesterday that 53% of borrowers with loans modified in the first three months of 2008 and 51% of those with loans modified [...]

In an article heroically chronicling the efforts of 200 union workers “occupying” their old window and door factory the Associated Press made sure to emphasize how the squatters have given the nation’s grim economy a “rallying point.”
Here is how they introduced the story (emphasis added):
The nation’s grim economy now has a rallying point: Employees at [...]

Gosh, doesn’t this sound familiar?
The government stepping in to let just about anybody borrow money regardless of their circumstances.
In fact, I’m relatively sure this is exactly what caused the problem in the first place. Ummm, yea, actually I’m completely positive of that.
Hmm lets think back to the first presidential debate when Obama claimed that deregulation [...]

Yup… you read that right. 5 TRILLION dollars.

So far…

I recommend taking the time to go through and read every last detail in this article because there are little spending gems hidden throughout. Gems that you, most likely, wouldn’t hear about otherwise.
But the best part of this has to be the results… or, more accurately, the [...]