‘Business News’ Archives
McCain -Lobbyist Gramm in Bailout Scandal
Foreclosure Phil -caught in the web of a bailout scandalDaily Kos reports:" Who's to blame for the biggest financial catastrophe of our time? There are plenty of culprits, but one candidate for lead perp is former Sen. Phil Gramm. Eight years ago, as part of a decades-long anti-regulatory crusade, Gramm pulled a sly legislative maneuver that [...]
Foreclosure Phil Tied to Billions Bailout
If there is not enough corruption, graph and thievery going on in the Republican party bail out, even John McCain's friends are in on the cash grab scam of the century.More of the post you find here will be on:Mother Jones Smart Fearless JournalismForeclosure Phil : Written by David Corn.Here are some excerpts:"Years before Phil Gramm was a McCain [...]
Economists say Give 900 billion to Homeowners
Barack Obama wants to help homeowners in foreclosures.John McCain wants to bail out Wall Street along with Bush.The news is global and other countries are weighing in on the United States financial disasters from Britain to Canada. The economists indicate that it was government intervention that caused the problems and this bailout from the same [...]
Hopeless Bailout without New Regulations
Secretary Paulsen indicates that the 700 billion dollar bail out of the financial institutions that brought this world into disaster is that congress must pass this bill without adding:1) Restrictions on CEO’s getting millions in bonuses with no accountability.2) No relief for homeowners facing bankruptcy -just the corporations that caused it on [...]
Palin Can’t Fish in Her Own Lake
Sarah Palin lives in a very picturesque part of Alaska on Lake Lucille in the beautiful scenic town of Wasilla and you would think a very pristine part of the state of Alaska.But there are no fish to be had even for the sportswoman herself -no fish.Why? The lake is dead and cannot support wildlife and again one has to ask why such a far removed [...]
IOU Everything -Economy Sinks to New Lows
Just a few weeks ago this movie about the economy most people took as a fantasy and that it could never happen here in America the land of plenty.This documentary outlines our continuous need to spend everything we earn, and is critical of the US monitary policies.This week it all came true and no one could believe it still in the third day of [...]
Bush -McCain Economic Failures
George Bush assured us the economy was strong, financials were healthy and we had nothing to worry about -that was a lie. John McCain has no experience in economics and will continue with the tax breaks to large corporations that are affecting our economy.White House Press ReleaseJuly 11, 2007 1:03 P.M. EDTTHE PRESIDENT George Bush:Thanks for [...]
Elliot Spitzer Uncovered AIG Ponzi Scheme
Elliot Spitzer Uncovered AIG Ponzi Scheme- Part 1Back during the election Senator John McCain's solution to the AIG woes was to hire more lobbyists to study AIG collapse. He may have included his friend Phil Gramm who is well versed and tied to the Deutsche Bank which invested in the derivatives Ponzi scheme of AIG.The Bush [...]
Greenspan Negative on McCain’s Tax Cuts
September 14, 2008Listening to Alan Greenspan this morning I felt an impending doom look on the man’s face as he went on to predict the economy has still a way to go to hit rock bottom, which indicates there are more bailouts on the horizon.Appearing on ABC with George on ABC This Week he weighed in on the upcoming failure next in line which is [...]
Sex, Lies and Palin’s Foreign Jets
Sex, Lies and Foreign Jets - Sarah Palin snubs US WorkersThe Republican Party just purchased Sarah Palin a new jet for her traveling to Washington where she will be headquartered if John McCain wins the November Presidential election. However the Republican Party purchased this jet from a foreign country thereby not promoting American made [...]
