Tag Archives: Bailout

Kavorkian for Detriot

I was always taught that money doesnt grow on trees, however somewhere hidden in Washington, Ben Bernanke has managed to genetically modify an apricot tree to produce freshly minted paper with the likeness of Benjamin Franklin on it. This is bad, its bad for America, as this only will devalue the money already in circulation [...]

Categories: Economics
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Corporatism to the Rescue


Categories: Cartoons, Satire
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Just stop paying your mortgage

 
By Peter Schiff 
October 10, 2008
If you are a mortgage holder who is either struggling with crushing payments, bitter for having overpaid for your home during the bubble, or who has extravagantly refinanced when prices were rising, the government’s landmark $700 billion bailout package has an important message for you: stop making your mortgage payments . [...]

Categories: American Politics, Economics
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Five Reasons Why Henry Paulson is Lex Luther

He is either very stupid or very smart. Yes, he has put us in the worst economic crisis since the great depressions. Yes, he asked for 700 billion dollars that is “non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or administrative agency..” Yes, the dollar has depreciated [...]

Categories: American Politics, Economics, Satire
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Thoughts on Bush’s Bailout… ahem… “rescue plan”

Dear Friends:
The financial meltdown the economists of the Austrian School predicted has arrived.
We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be [...]

Categories: Economics
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Gingrich rebels against the administration


Categories: Economics
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