Hoping to change America's founding principles. From day one in his first term of office, President Barack Obama has given America his middle finger. I’m surprised so many people haven’t noticed it. Here’s a State of the Union address he’d never dare make, but I’m sure he would like to, just to let his hair down. It would probably be written by ... MORE
Showing posts with label TARP. Show all posts
Showing posts with label TARP. Show all posts
John Stossel: Did Freedom Win?
Democrats won big last week. So government will continue to grow. Individual freedom will yield. At
least some people with records of supporting liberty were elected: Sen.
Jeff Flake in Arizona and U.S. Reps. Justin Amash and Kerry Bentivolio
in Michigan and Thomas Massie in Kentucky. Also, Washington and
Colorado voted to allow any ... MORE
Matt Cover: Obama Bailout Claim Off By $24 Billion
Obama: "got back every dime." CBO: lost $24 billion. President Barack Obama said on Thursday that “we got back every dime we used to rescue the financial system." According to the Congressional Budget Office, however, the government will lose about $24 billion on the bailout. “We got back every dime we used to rescue the financial system, but ... MORE
John Stossel: Who Is Paul Ryan?
Does he really believe in the free market? I wanted to like Paul Ryan. Before he was nationally known, Rep. Ryan visited me at ABC, and we went to lunch. He was terrific. He was a rare politician, one who actually cared about America's coming debt crisis and the unfairness of entitlements. He even talked about F.A. Hayek's "The Road to ... MORE
John Stossel: Champions Of Freedom
Who will fight for individual liberty? It's election season, and so once again people look for heroes. Is Ron Paul one? Maybe. He's fought a long, lonely battle to limit the power of government. As government grows, I yearn for champions of freedom who fight back. Rep. Paul has done that. But it's a mistake to look for heroes in politics. It's too ugly a business. My ... MORE
Labels:
Ayn Rand,
banking,
bureaucracy,
free speech,
individual liberty,
liberty,
property rights,
TARP
Detroit News: Estimate Of Auto Bailout Loses Soar
Losses to Treasury expected to exceed $23 billion. The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its ... MORE
Labels:
auto industry,
bailout,
Congress,
economics,
GM,
government,
industry,
spending,
TARP,
waste
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