Top 10 Ridiculous Quotes by Senator Mitch McConnell
1. “The Patriot Act is one of the most important and overdue pieces of legislation in a generation.” Source: National Review. To the contrary, the Patriot Act is one…
Taxpayers Pick Up $15 Bilion Tab for General Motors
Add General Motors to the list of government failures taxpayers are continuing to fund. As though it weren't egregious enough that the government meddled in private industry in the most…
Four Republican Senators Voted for Euro-TARP
Over the past three years, President Obama has spent billions of dollars bailing out big banks, insurance giants and auto companies. These massive programs have not only cost American taxpayers…
Key Vote YES on H.R. 830 To Eliminate Federal Housing Assistance Refinancing Program
Dear Representative,On behalf of over one million FreedomWorks members nationwide, I urge you to vote YES on H.R. 830 the Federal Housing Assistance (FHA) Program Termination Act. Introduced by Rep.
The Fallacy of TARP Profits
Recently, the Obama administration has been touting that the Troubled Asset Relief Program or TARP—the massive $700 billion Wall Street Bailout—“saved” the economy and actually returned an 8.2 percent "profit". …
Responsible Banks and Small Businesses Reject Mini-TARP
On Monday, President Obama signed the Small Business Bill also known as mini-TARP into law. At the signing, he declared that the law was “a great victory for America's entrepreneurs.”…
$23,700,000,000,000!
That’s 11 zeros for those not counting. $23.7 trillion dollars – let’s take a moment of silence…. This astronomical number is the total liability that the government has racked up…
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…
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.