Economics
With your money! I completely get the fact that for some large companies it makes sense to have one – or even a fleet – of aircraft in their stable, but this was not the time for Citigroup to place an order for a new corporate jet. The Falcon 7X business jet is a pretty…
With thousands getting pink slips in Connecticut … from WTIC to CIGNA and United Technologies, it’s a pretty easy question to answer. The economy is receding and if you are on that end of it … its not good. But how bad a recession depends on how long you go between jobs. As for those…
Update: The Senate Finance Committee has approved the Tim Geithner nomination and now the Senate expects to vote on the nomination on Monday … it is a done deal. The committee approved the nomination on an 18-5 vote, sending it to the full Senate. President Barack Obama is hoping for quick approval so that the…
It looks like the man so smart he couldn’t figure out his taxes will be confirmed as Treasury Secretary. Too bad. Tim Geithner also happens to be one of the “brain trusts” behind the current financial TARP program. You know, the one that’s been trying to bolster bank balance sheets. Soon … he will be…
It’s been 16 years since President Clinton took office, and at the time he asked the public for suggestions on how to reduce the deficit. If I remember correctly, Al Gore was tasked to find inefficiencies and redundancies in government and squash them. It never happened. The federal budget has ballooned from about $1 trillion…
… oh and where is the next round of money going. The Fed asks us to put our faith in them. PEBO asks us to put our faith in him. The Democrats ask us to put our faith in the Government. Trust us is the mantra in Washington. Trust us with your money. One trillion…
The Senate, led by Chris Dodd, released the rest of the $350 billion in TARP funds … but was it really necessary? You decide. httpv://www.youtube.com/watch?v=dQw1yUF_vns
I was not going to post but Drudge and HotAir have featured it and it really is worth the watch. This is my own recording so it should play well. The Democrats have finally introduced “Son of Bailout”. That prompted this response from House Minority Leader John Boehner (R) Ohio, “Oh my God”. From “Live Desk” on…