My fellow citizens, what is happening can’t continue. The bailout of the banks last year was wrong. It was engineered by a Treasury Sec’y whose previos job was at one of the big banks that he bailed out. Next we…
I have to give credit to local UAW leaders Shield and Ackerman for expressing their anger and dissappoint to Car Czar Montgomery and Senator McCaskill. While not the biggest supporter of unions and believe that they share in the blame of Amercian car companies…
After receiving billions from taxpayers to save them from bankruptcy and prevent the loss of thousands of American jobs, Chrysler has downsized and reorganized under court supervised bankruptcy anyway. In doing so, they have closed many major manufacturing plants, severed…
The government has a plan for General Motors. The government will continue to give GM money, which will benefit GM and its suppliers. Adding money to the economy will benefit the economy.However, as part of the plan, the… |
| First, “get our fiscal house in order” is a code phrase for run surpluses. Secretary Geithner seems not to realize that every time the U.S. has run surpluses, or even reduced deficit growth, we either have had recessions or… |
I’m singing “Sixteen Tons another day older and deeper in debt, I owe my soul to the government and UAW.”
Let the auto companies slide into bankruptcy which would be the logical way to go. With all these enormous loans…
Since your new format,myself and I’m sure others can only find full page advertisements.But Saturday I found on page 10, bottom right corner “Fannie Ceo to oversee Tarp.” Hey,whats this? Obama will nominate Fannie Mae Chief Executive Herb Allison to…
| Banks already have begun to return federal assistance money. They don’t want to live with restrictions in executive compensation and other areas. While these restrictions have support amongst the uninformed, they are counter-recovery – a classic example of unintended consequences.
Money… |
Dear Editor,
Recent articles and editorials regarding the country’s and its citizens financial problems seem to focus on two points of view: those coming from a liberal perspective talk about government spending record amounts of money to push cash into the…
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