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Tag Archives: Congressional Bailout
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Jim Hightower : Stop Taking Bull From Wall Street
‘As a consequence of their avaricious grab for outrageous personal enrichment during the past decade, these arrogant titans of financial gimmickry have caused a vast economic collapse…’ Why Is the Government Hell-Bent on Rewarding Greed, Incompetence and Narcissism? By Jim … Continue reading
Posted in RagBlog
Tagged Congressional Bailout, Corporate Corruption, Economic Stimulus, Jim Hightower, Wall Street
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Pilgrim’s Pride and Tysons Benefit from Bailout
As our Friend and contributor, Diane Stirling-Stevens, says of this article, “Another bit of news that made me do “#$*&(#$&(*#$&(#*&$#”.” We couldn’t agree more. Big Ag is a significant economic and health issue, and we remain hopeful that the new … Continue reading
Bailout Bust : Southern Republicans Strike Out at Unions
Sen. Debbie Stabenow, D-Mich, left, listens to Sen. Sherrod Brown, D-Ohio, speaking about the Senate’s rejection of an emergency $14 billion loan bailout for US auto companies, Thursday, Dec. 11, 2008, on Capitol Hill in Washington. Photo by Haraz N. … Continue reading
Posted in Rag Bloggers
Tagged Automobile Bailout, Automobile Industry, Congressional Bailout, Labor Unions, Republican Party, UAW
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Sherman DeBrosse : Big Three Bailout a Must
UAW workers picket GMC plant. Photo by Spencer Platt / Getty Images.An auto bridge loan is essential to reduce the pain of recession.By Sherman DeBrosse / The Rag Blog / December 10, 2008 The U.S. economy is so fragile that … Continue reading
Posted in Rag Bloggers
Tagged Automobile Bailout, Automobile Industry, Congressional Bailout, Economic Crisis, Economy, Labor Unions, Recession
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Reaganomics Lives : Now About Bailing Out Detroit…
Reagan: Hey, it’s not all bad.‘The third path is to set standards for the kind of cars we need, backed by a government commitment to buy them on the fleet level and serious tax credits for ordinary folks who buy … Continue reading
Posted in Rag Bloggers
Tagged Automobile Industry, Congressional Bailout, Henry Paulson, Reaganomics, Treasury Dept., Wall Street
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Obama’s Bailout Bunch : Sure Seems Like More of the Same
President-elect Barack Obama with Vice President-elect Biden and a group of economic advisers at a news conference in Chicago on Nov. 7, 2008. Photo by Damon winter / NYT.‘Almost half the people on Obama’s economic advisory board have held fiduciary … Continue reading
Posted in RagBlog
Tagged Congressional Bailout, Corporate Corruption, Economy, Obama Presidency
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Surprise! : Banks to Use Bailout Bucks for Mergers
The Rag Blog reported yesterday, in a story titled Salary Bonuses Constitute 10% of the Bailout that pay and bonus deals for corporate bigwigs account for about ten percent of the government bailout package. Here’s more good news: Big banks … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Banking, Congressional Bailout, Economy, Financial Crisis, Monopoly Capitalism
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Congressional Bailout Add-Ons : Lotsa Pork in This Baby
Bullseye: Bailout bill now festooned with corporate tax breaks including one for a company that makes arrows for children.By Ryan J. Donmoyer / October 1, 2008 Rose City Archery Inc., an Oregon company that makes arrows used by children, hit … Continue reading
Posted in RagBlog
Tagged Congressional Bailout, Corporate Welfare, Tax Breaks, Wall Street Bailout
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Bush’s Bailout Tanks; What Austin Thinks
Congress failed to pass the economic bailout plan today: the pundits are atwitter, the stock market has tanked, the politicos are pointing fingers, and the doomsday prophets are taking center stage. And George the Decider has added a final (one … Continue reading
