Tag Archive: bail-out


Losing Liberty – Page 1 – Cal Thomas – Townhall Conservative

Cal Thomas
Cal Thomas (Photo credit: Gage Skidmore)

Liberty is always tenuous. Those who enjoy it seem to be a minority in the world. That’s why liberty must not only be preserved by those who currently benefit from it; it must also be fought for and constantly renewed for future generations, because there are always those who wish to restrict or eliminate our freedoms.

via Losing Liberty – Page 1 – Cal Thomas – Townhall Conservative.

 

Is The CBO Merely Another Manipulated Front For Wall Street To Dictate Washington Policy? | ZeroHedge

In the past, when discussing the goalseeking C-grade excel jockeys at the Congressional Budget Office (or CBO), we have not been technically full of reverence. After all when one uses a phrase such as this one: “What do the NAR, Consumer Confidence and CBO forecasts have in common? If you said, “they are all completely worthless” you are absolutely correct“, it may be too late to worry about burned bridges.

via Is The CBO Merely Another Manipulated Front For Wall Street To Dictate Washington Policy? | ZeroHedge.

Where, when does it end?

GMAC, the troubled consumer finance company, is seeking billions of dollars in additional federal aid, a move that would be its third taxpayer bailout and could give the government a majority stake in the company, according to people briefed on the situation.

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Newswise — A Complaint filed October 22, 2009 in Federal District Court in Tampa, Florida alleges that Bank of America was at the center of yet another Ponzi scheme. The operator of this scheme, 27 year-old Beau Diamond, defrauded hundreds of investors from Florida and around the country of at least $37 million. He claimed to be an experienced trader in off exchange foreign currencies. In truth, he had no such experience and was not registered to sell securities or trade foreign currencies for others.

via Bank of America Implicated in a Fourth Ponzi Scheme – Mozilla Firefox.

So you thought easy-money mortgages with little or no down payment for people with bad credit was a thing of the past? Think again.

You can get just such a loan today – and it’s guaranteed by the federal government.

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