The Real Cost of the Auto Industry Bailout
Today, Politico’s Arena featured an online debate over the results of the automobile industry’s bailout. Many of the contributors have hailed the bailout as a success due to the…
Protest the Next Big Bailout: Scottsdale, AZ Thursday
If you aren't otherwise occupied earning a living, FreedomWorks is looking for some patriots who might be up to a little protesting of cap and trade outside the Edison Electric…
FHA in Financial Hot Water?
Friday’s Wall Street Journal features an article outlining concerns over the Federal Housing Administration’s (FHA) financial viability. The article points out that FHA currently insures 23 percent…
Take Me Out to the Bailout
A Winston-Salem businessman is asking the city to pay an additional $15.7 million to foot the bill for his unfinished stadium after a business deal fell through. This comes on…
The arrival of Government Motors
For those of you interested in my view on GM's bankruptcy and the future emergence of Government Motors, please see my article at HumanEvents.com. (My agreement with Human Events does…
Chrysler and Sacrificing for the “Greater Good”
A blog post over at the Foundry by James Gattuso, helps reveal the Troubled Asset Relief Program (TARP) as a delegated blank check to Administration bureaucrats. …
No more bailouts, Br’er Durbin?!?
Last week brought a rare victory for the free markets and the sanctity of private contracts: By a 51-45 vote, the Senate defeated a measure championed by Democratic Senator Dick…
Fed Losing $9.6 Billion in AIG, Bear Stearns
As of Dec. 31, the Federal Reserve faces $9.6 billion in unrealized losses on $74 billion in assets from Bear Stearns and AIG. An…
New TARP Direction Puts Taxpayers at Risk
The Treasury recently announced that it may not need any more money to bail out banks aside from the $700 billion TARP money that it received already.
Keynesian Bubble Reinflation
Mario Rizzo at NYU has a great article has a great article in this issue of the Freeman explaining how Keynesian stimulus packages can’t restore…