Saturday, May 9, 2009

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party

Same slogan, four years apart?

Posted: 08 May 2009 10:59 AM PDT

Some say the Republican and Democratic parties are a lot different.  Others say they’re pretty much the same these days.  How’s this for irony?  One of George W. Bush’s 2004 campaign slogans was “Yes, America Can!”  One of Barack Obama’s 2008 campaign slogans was “Yes We Can!”

Read here.

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AIG & GM post 1st quarter losses

Posted: 08 May 2009 07:24 AM PDT

Despite $170 billion of taxpayer money, AIG still managed to post a 1st quarter loss.  And despite $13 billion of taxpayer money, GM still managed to post a 1st quarter loss.  Talk about pouring our money down a black hole.

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Fannie Mae wants $19 billion more

Posted: 08 May 2009 07:13 AM PDT

Mortgage finance giant, Fannie Mae, already received $15 billion of our money earlier this year.  Now it wants billions more.  If you recall, Fannie Mae and Freddie Mac were pronounced to be fundamentally sound by Senator Chris Dodd and Rep. Barney Frank before collapsing and being seized by the Bush administration.  The pillaging of the US taxpayer continues.

Read the article here.

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