Automobile Industry Joins in the Corporate Welfare Fest
Although an hour ago it was looking like the Henry Paulson $700 billion-plus bank bailout was close to being a done deal, now it’s far from clear. AP…
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Economists Denounce Paulson Bank Bailout
Although lawmakers have reportedly reached a tentative deal on Henry Paulson‘s $700 billion-plus bank bailout, more than 180 economists are begging policy makers to reject the plan. (A…
Pretend Conservatives Back Paulson Bank Bailout
Some alleged conservatives have lined up to back former investment banker Henry Paulson’s proposed $700 billion-plus bank bailout that amounts to nationalization of a huge chunk of the mortgage business. The…
Warren Buffett Endorses Paulson’s $700B Bank Bailout
There had been speculation that gazillionaire Warren Buffett’s purchase of a $5 billion stake in Goldman Sachs constituted an endorsement of Treasury Secretary Henry Paulson’s $700 billion bank bailout package, but…
Bloggers Untrustworthy, Threatening to MSM, Journalist Panel Concludes
Stop the presses! After Rathergate, the New Republic’s Scott Thomas Beauchamp scandal, the protracted coverup of the John Edwards affair story, the ongoing refusal to challenge Barack…
PETA Wants Human Milk in Ice Cream
People for the Ethical Treatment of Animals (PETA) has offered Ben and Jerry’s an ‘innovative’ solution to using cow’s milk in the production: human mother’s milk. They argue…
“Goldman Sachs Socialism”
In a sign that the Apocalypse may indeed be upon us, I find myself sympathetic to an article in the Nation today. It’s called “Goldman Sachs Socialism,” by William…
Drilling Ban to Expire!!!
This just in — federal lawmakers are going to let the drilling ban expire at month’s end! According to this report: Democrats have decided to allow a quarter-century ban…
Current Troubles Caused By Government, Not Markets: Russell Roberts
With all the mindless market-bashing emanating from the Obama and McCain presidential campaigns, it’s nice to finally read a level-headed analysis of what’s really going on on Wall Street right…