Tag Archives: Uncle Sucker

Toxic Trust Company of America

The Wall Street Journal outlines the idea of The Toxic Trust Company of America. Any eventual plan isn’t expected to mirror the Resolution Trust Corp., which was created during the savings and loan crisis to hold and sell off the … Continue reading

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Toxic Trust Company of America

The Wall Street Journal outlines the idea of The Toxic Trust Company of America. Any eventual plan isn’t expected to mirror the Resolution Trust Corp., which was created during the savings and loan crisis to hold and sell off the … Continue reading

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

Iraq for Sale

The U.S. wants a relatively loose agreement that allows us to keep troops in Iraq. But the prime minister is under intense political pressure to take a hard line against the Americans, even as his government engages in the back-and-forth … Continue reading

Posted in Business, China, Economics, Energy Policy, Foreign Policy, Iraq War, Military Spending, Politics, Russia | Tagged , , , , , | Leave a comment

Uncle Sucker in Iraq

One of our Libertarian correspondents has been touting the wonderful windfall of Iraqi oil coming on line. It doesn’t look like it’s helping Uncle Sam one bit. Soaring oil prices will leave the Iraqi government with a cumulative budget surplus … Continue reading

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