Tag Archives: economy

GM To Take Bailout Money And Outsource Jobs

Posted on May 11, 2009 by KT

Too big to fail they said. We have to save American jobs they said. The economy would descend into chaos if we didn’t act they said. Well, they lied. After Barack Obama laid a line bull shit on the American … Continue reading →

Posted in Globalization | Tagged , , , , , | 2 Comments

Freddie Mac Chief Found Dead

Posted on April 22, 2009 by KT

The man installed to clean up the corrupt and fraud ridden Freddie Mac was found dead in his home this morning. David Kellerman, a 16 year veteran of the disgraced entity seemed to have it all going for him: a … Continue reading →

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“Road To Hell” Paved With Socialists

Posted on March 25, 2009 by KT

Well, there’s at least one world leader with the cajones to stand up and tell it like it is. Barack Obama’s out of control spend-fest is seen around the world as plain lunacy, but political correctness abounded-until today. Czech Prime … Continue reading →

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China To Cash Out U.S. Securities?

Posted on March 13, 2009 by KT

They didn’t say it outright, but China has indicated that they’re worried about the massive debt buildup and the out of sight spending by the United States. Couple that with the collapse of banks holding bad debt, and any investor … Continue reading →

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Treasury Official Wants You To Leave Banks Alone

Posted on March 11, 2009 by KT

Horrible loan decisions, and even more horrible investment decisions led banks and other lending and investment institutions to flush themselves down the toilet and are trying to take America with it. If any institution should be watched like a hawk, … Continue reading →

Posted in Finance | Tagged , , , , | 1 Comment

Obama Signs Pork Bill

Posted on March 11, 2009 by KT

Barack Obama, amid feigned indignation, signed the omni-pork spending bill today, behind closed doors, out of the sight of angry Americans. The man who promised earmark reform used the excuse that he was helpless and had no choice but to … Continue reading →

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Cap And Trade Assault

Posted on February 27, 2009 by KT

As if the U.S. economy needed a new way to lose jobs and lay siege to American business (the business that is still here), Barack Obama’s new budget includes a cap and trade scheme that amounts to the biggest tax … Continue reading →

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Buy American, E-Verify Axed From Pork Bill

Posted on February 14, 2009 by KT

Oh, there is buy American language in the bill, but in has a loophole so big you could buy drive a stimulus package through it. But the provision has been watered down somewhat. For one, it wouldn’t apply if the … Continue reading →

Posted in America, Globalization | Tagged , , , , , | 2 Comments

Obama Agenda Too Much For Gregg

Posted on February 12, 2009 by KT

Just weeks into his new role as commerce secretary, Republican senator Judd Gregg has called it quits with the Obama administration. Citing the crap sandwich of a stimulus bill as one of the main reasons, his exodus deals another blow … Continue reading →

Posted in America | Tagged , , , | 1 Comment

Unemployed Americans To Fund Illegal Alien Healthcare

Posted on February 5, 2009 by KT

Have you forgotten that unemployment benefits are taxable income? That meant nothing to your elected representatives, despite the fact that thousands of Americans are losing their jobs every week and turning to taxable unemployment benefits. Your elected representatives have expanded … Continue reading →

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