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Who is worthy of a bailout?  »  Where's the Outrage?
I have been wondering about this one for some time. CitiGroup gets insta-moolah over a weekend. The auto industry flies into Capital Hill, gets a spankin’ and is summarily sent away to do their homework. Why?  Why does CitiGroup get money (to be accurate…more money) and Lehman brothers gets nothing? I don’t understand. Could the problem possibly be that Henry Paulson, Secretary of the Treasury has no overall plan..?  Rachel Maddow tackles these questions: John Nichols from The Nation has more: “This is the part of our nation’s surreal economic crisis that seems particularly surreal: The US auto industry, which employs 3 million Americans ...
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Keywords:  auto plants   financial collapse   exorbitant interest rates   henry paulson   rachel maddow  
Posted:  11/26 4:25pm
What’s going on - News Roundup  »  Where's the Outrage?
Tuesday morning news Roundup (My blog is acting a little funny. I’ll see if I can get the computer gurus to look at it.)
  • President Bush pardoned 14 people yesterday. He has been extremely stingy with the pardons. What makes these 14 people so special?
  • Financial guru Allan Sloan is handing out this year’s turkeys. The Federal Reserve gets a turkey for allowing Lehman Brothers to go into bankruptcy.  Yahoo gets a turkey for telling Microsoft “thanks but no thanks.” Sloan also includes Treasury Secretary Hank Paulson’s turnaround. This is a really good article.
  • Check it out.
  • What about the men
...
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Keywords:  hank paulson   allan sloan   henry paulson   sean hannity   allen colmes  
Posted:  11/25 4:19pm