Tag Archives: corporate welfare

USSRA-United Socialist State Republic Of America

Nouriel Roubini shares my outrage at the Bush/McCain Corporate Welfare boondoggle. Like scores of evangelists and hypocrites and moralists who spew and praise family values and pretend to be holier than thou and are then regularly caught cheating or cross … Continue reading

Posted in Economics, Journalism, Politics, Recession, Wall Street | Tagged , , | Leave a comment

Creative Destruction & The Federal Bailout

On the heels of the Federal Bailout of Fannie Mae and Freddie Mac, the Detroit automakers drove into Washington in their largest SUV’s pleading for Federal Loan guarantees in order to “transition” to more energy efficient fleets. This is nonsense … Continue reading

Posted in Barack Obama, Business, Economics, Energy Policy, Innovation, Journalism, Military Spending, New Federalism, Politics, Recession, Wall Street | Tagged , , , , , , , , | Leave a comment