Tag Archives: bailout

An Open Letter to General Motors. By My Brother.

Dear GM, Your most recent commercials include the catch phrase “May the Best Car Win,” challenging car buyers to put your cars up against any other car, from any other manufacturer. What a wonderfully free market attitude, one which I … Continue reading

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You mean the Bailout failed? Didn’t see that coming.

[ARTICLE] Despair about a weakening global economy is sweeping across Wall Street, propelling the Dow Jones industrials down more than 700 points. Investors around the world have been selling off stocks as they come to realize that financial systems in … Continue reading

Posted in austrian economics, Constitution, downsize dc, economics, economy, Election 2008, fascism, free market, Gold Standard, History, inflation, John McCain, obama, Politics, ron paul, socialism, taxes | Tagged , , , , , , , , , , , , , | 2 Comments

Scumbag of the Month: CONGRESS.

The Sumbag of the Month for October is the entire Congress. Over the course of the Bailout drama, Congressmen and Senators recieved letters, emails, and phonecalls at a ratio of 300 to 1 against the $700 Billion Dollar Economic Bailout … Continue reading

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Oops. We should have nominated Ron Paul.

I find this video to be hilarious. It was only a few months ago that Niel Cavuto was ridiculing Ron Paul for his financial predictions. Now it seems like the entire media is doing a 180. “Oops. Maybe we should … Continue reading

Posted in austrian economics, Constitution, economics, economy, Election 2008, fascism, free market, Gold Standard, inflation, John McCain, obama, Politics, ron paul, socialism, taxes | Tagged , , , , , | 1 Comment

Daily Wise Man

Today’s Daily Wise Man is Ludwig Von Mises for predicting this economic disaster decades ago. “True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit … Continue reading

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The Big Bailout is Back and Bigger than Ever. Big Surprise.

[ARTICLE] In a surprise move to resurrect President Bush’s $700 billion Wall Street rescue plan, Senate leaders slated a vote on the measure for Wednesday — but added a tax cut plan already rejected by the House… The Senate plan … Continue reading

Posted in Constitution, downsize dc, economics, economy, Election 2008, fascism, free market, Gold Standard, Governmental Ineptitude, John McCain, obama, Politics, socialism, taxes | Tagged , , , , , , | 1 Comment

Bailout fails, Bush pays the money anyway…scumbag.

[ARTICLE] The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression. And do you think Congress is going to stop trying to … Continue reading

Posted in Constitution, downsize dc, economics, economy, Election 2008, fascism, free market, Gold Standard, Governmental Ineptitude, John McCain, obama, Politics, socialism, taxes | Tagged , , , , , , , | 2 Comments

What is in the Big Bailout Bill?

There’s an interesting article on CNN right now that does a pretty good job of summarizing the Big Bailout Bill. I’ll put my comments in bold. [ARTICLE] Doling the money out: The $700 billion would be disbursed in stages, with … Continue reading

Posted in Constitution, downsize dc, economics, economy, Election 2008, fascism, free market, Gold Standard, Governmental Ineptitude, History, John McCain, obama, Politics, socialism, taxes, Uncategorized | Tagged , , , , , , , , , | 1 Comment

Bailout Bill Written, Vote Expected Today

[ARCTICLE] Well the Big Bailout Bill is written and in the House to be voted on. Let’s see how many Representatives will commit political suicide today. The original Bill was 3 pages long. This new agreement is 110 pages long … Continue reading

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Bailout Agreement Reached

….crap [ARTICLE] Looks like they’ve come to an agreement on a bailout plan. Now they just have to write the bill and vote on it. Now is the time to absolutely destroy your congressmen with letters, phone calls, and emails. … Continue reading

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