All Posts Tagged With: "bailout"
Rovian Media, Applying the Dark Arts to AIG
We confess right up front, we are guilty of capitalizing on the economic crisis. We have fallen into the trap of a mob mentality. When you look into the mob, you can see me on the third row from the front, last person on the left. Fortunately for all of us, Atticus Finch and his […]
21Mar2009 | Ohg Rea Tone | 4 comments | Continued
Bailouts for white, not blue collars?
by Frank James Have the federal bailouts been biased towards white-collar and against blue-collar workers? That question was starkly raised by Rep. Barney Frank, chair of the House Financial Services Committee, which yesterday heard the chief executives of the Big Three automakers beseech Congress for $25 billion in taxpayer-funded loans. Frank, the committee’s chair, said: […]
20Nov2008 | Ohg Rea Tone | Comments Off on Bailouts for white, not blue collars? | Continued
White House: Blame Dems if no Big 3 help
by Frank James The White House is trying to shift blame to congressional Democrats if the auto industry doesn’t get the financial bailout it’s seeking, saying Democrats appear unwilling to loosen restrictions on $25 billion that’s already been approved to help the industry retool to make their vehicles more fuel efficient. White House spokeswoman Dana […]
19Nov2008 | Ohg Rea Tone | Comments Off on White House: Blame Dems if no Big 3 help | Continued
Auto execs testify as legislators try for deal
By John Crawley and Kevin Drawbaugh WASHINGTON (Reuters) – U.S. auto executives went to Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators proposed changes to help a bailout pass Congressional and White House muster. The day’s hearings, before the House Financial Services Committee, got […]
19Nov2008 | Ohg Rea Tone | Comments Off on Auto execs testify as legislators try for deal | Continued
Detroit Bailout – an Ethical Conundrum
This writer has often defined self as being an economic conservative and a social liberal. Normally there is not much conflict in that ideology. I will help my neighbor as long as I don’t have to borrow money in the endeavor. I will not enable my neighbor to continue poor behavior by bailing him out […]
19Nov2008 | Ohg Rea Tone | 1 comment | Continued
Democrats are Complicit in Economic Collapse
Democrats and Republicans mixed the Perfect Economic Storm. A big part of the collapse of Wall Street should rightly be put at the feet of the Wall Street Bankers. These are the ‘experts’ who were charged with managing the bank’s resources. Our government sanctioned lunacy in the banking industry – but that does not excuse […]
7Oct2008 | Ohg Rea Tone | Comments Off on Democrats are Complicit in Economic Collapse | Continued
Pelosi Blew This Deal
This is a big deal! America’s financial stability rests on the ability of Congress to put a bi-partisan package together. This package needed to cover necessary principles of protection for taxpayers. These principles were not partisan – they could have reached an agreement But House Speaker Pelosi had to get in front of the cameras […]
29Sep2008 | Ohg Rea Tone | 3 comments | Continued
The Wall Street Bailout is Personal – KISS
This is personal. This disaster on Wall Street and in the halls of Washington. Most of us have no idea what our Government leaders are talking about. Most of us don’t understand why every man woman and child in America has to put up something like $2,500 to bailout a rich Wall Street Banker. But […]
24Sep2008 | Ohg Rea Tone | 6 comments | Continued
Wall Street – Thunder Road
Do you remember Robert Mitchum in Thunder Road. He reminds us of the CEO’s of Exxon, Bear Stearns, Lehman Brothers, Merrill Lynch, etc. “The Law they never got him cause the devil got him first,” sort of thing. The Thunder Road movie was about moonshiners of the early 1950’s. Their daring driving gave birth to […]
19Sep2008 | Ohg Rea Tone | Comments Off on Wall Street – Thunder Road | Continued