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Obama administration refuses TARP repayment

By Steve McGough / April 5, 2009 /

I could have written this script last fall – every page of it – if I new that President Obama was going to win the election. There was always going to be strings attached to Troubled Asset Relief Program (TARP ) money that flowed into the private banking system, but it was assumed that when…

Backlash!

By Jim Vicevich / March 3, 2009 /

John Hinderaker has spotted a trend and we think it’s a long time coming. Financial firms and businesses, even one’s in trouble, but especially those that are not, are quickly discovering that government funds come with strings, and the rules can change (and often do) in the middle of the game.  Bank of America CEO…

Reason 67: Government should not bail out corporations

By Steve McGough / February 2, 2009 /

When you are a large corporation that is having difficulty, one of the things you must considered is marketing. There is a time you need to spend money to make money. You could cut your entire marketing budget, cancel all of the advertising, lay off the graphics staff that make the pretty brochures, and hope.…