bailouts

Why has MSNBC embedded one of its top on-air talents with Sarah Palin’s book tour? That’s a good question, but I thought Norah O’Donnell’s grilling of a young Palin fan was a fair use of the network’s time. O’Donnell asked Jackie (no last name given), who was wearing a T-shirt criticizing the bailouts, if she [...]

As Congress jousts over the effectiveness of the stimulus package to stir economic activity, it’s worth noting that homeowners — whose troubles are at the root of the economic crisis — continue to struggle. Nearly one-fourth (23 percent) of mortgage-paying homeowners nationwide now owe more on their homes than the property is worth, according to [...]

Code Pink activists went after Obama economic adviser Larry Summers this afternoon, bounding to the conference room stage where Summers was speaking and unfurling a banner behind his back that read “We Want Our $$$ Back.”
But the most fascinating thing about the episode — aside from the fact that it took event organizers about an [...]

I just talked with Steve Moore, the Club for Growth founder and current editorial page writer for The Wall Street Journal, to get a sense of how dedicated free market conservatives were reacting to Republican demands for the AIG bonuses to be clawed back.
“The government is going to get the money back,” said Moore. “I’m [...]

From a statement just released by Senate Majority Leader Harry Reid (D-Nev.):
First, we are sending AIG a letter asking them to renegotiate the contracts that include these appalling bonuses. Second, if they don’t, Chairman [Max] Baucus [D-Mont.] will propose legislation to give this money back to the taxpayers by subjecting the bonuses to severe tax [...]

Today, almost five months after the start of fiscal year 2009, House Democrats introduced an enormous spending package to fund much of the federal government in fiscal year 2009.
Not a typo.

Politico’s Jonathan Martin nails the headline:
We’re All Socialists Now
Time to take a step back: A Republican president just sent out his Treasury secretary to announce the federal government will spend “hundreds of billions of dollars” to takeover a not-insignificant chunk of the economy.
From USA Today: