Fannie, Freddie Want Billions More, Etc.
By FITSNews || Twin government-owned mortgage behemoths Fannie Mae and Freddie Mac are asking for an additional $19 billion in public funds to stay afloat […]
Must Be Nice
Nine banks that received $175 billion in taxpayer “bailout” money doled out a scarcely-fathomable $33 billion in executive bonuses last year, according to data released […]
$30 Billion More To AIG
Like a crackhead with absolutely no sense of personal responsibility, the U.S. government is dumping another $30 billion into global financial deadbeat AIG.
Seriously, people. What […]
Lamentably, we’re not talking about soft, gooey, chocolaty deliciousness right now …
Instead, we’re saying “Fudge!” like you would when stepping on a nail with your […]
Charleston’s Bailout Boondoggling
Earlier today we reported on the City of Columbia, S.C. (a.k.a. the “face of the recession”) requesting $250 million worth of federal bailout money for […]
If at first you don’t understand why those two words made your rectum tighten up, allow us to explain.
“Quantitative easing” is when governments create money […]
The American economy shed an unreal 533,000 jobs in November, and making matters worse, the jobless numbers for September and October of this year were […]
The Big Three Got Owned
Yesterday was a bad day to go to Washington with your hat in your hand begging for a multi-billion dollar bailout … particularly if your […]
It gives us no great pleasure to hear that American companies are in danger of going under, but at what point do we stop dancing […]
Memo To Government: Stop!
The federal government has poured a lot more than $700 billion into America’s slumping economy, with an assortment of loans, bailouts, troubled asset purchases and […]
Next Bailout Battle Rages In DC
S.C. Gov. Mark Sanford wrangled with some of Washington’s most notorious status quo spenders today, testifying before the U.S. House Ways & Means committee in […]