Even as companies like AIG announce they will gobble up $30 billion more hard-earned taxpayer dollars, there are a few companies out there showing true leadership. These companies had the wisdom and foresight to make good decisions and limit the bad debt the government was pressuring them to issue. They made good healthy profits while [...]
Continue reading about TCF Bank To Pay Back $361 Million in TARP funds, Sends Government Packing
Many “conservatives” in congress can get away with voting with Democrats against fiscal responsibility a few times for various reasons, it’s never good and it certainly doesn’t gain them any respect but, everyone makes mistakes. However, when a stalwart defender of the free market fails TWICE by voting for big government bailouts, people notice. Especially [...]
Continue reading about Rep. Paul Ryan Doubles Down With a Second Bailout Failure
This is why you just need to let people fail, let them move into apartments and let the market correct itself: “WASHINGTON (AP) — More than half of all homeowners who had their loans modified to make the payments more affordable in the first half of the year are already in default again, banking regulators [...]
Continue reading about Bailouts Fail Already, More Than Half of Homeowners Back in Default
A great letter from the Chairman and CEO of UMB on the bailouts, I made the best parts bold. HT: Michelle Malkin November 3, 2008 Mr. Henry M. Paulson, Jr. Secretary of the Treasury 1500 Pennsylvania Avenue, NW Washington, D.C. 20220 Dear Secretary Paulson: As I reflect on the financial crisis that has gripped our [...]
Continue reading about One Bank CEO Has The Courage to Stand Up to the Bailout Bonanza
Burning Down The House: What Caused Our Economic Crisis?
Continue reading about Must See Video on the Housing Crisis (Who caused it)
Although it may be an exercise in futility with our liber Senators, I tried to voice my opinion this morning on my way in to work (I keep my Senator’s and Rep’s phone numbers in my cell phone to call on long trips or when big votes come up) with varying success. US Senator Herb [...]
Continue reading about Have you called your Senators to oppose the bailout yet?
After hearing the same tired lines over and over blaming our current Wall Street Crisis on greed, Bush and a lack of regulations, I put together some of my thoughts to share. This is by no means exhaustive but, I believe it is important to tell a side of the story the main stream media [...]
Continue reading about Bailout Thoughts: The Freedom to Fail in Free Markets
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