Tag Archives: Bailouts

Meet Me Halfway

Posted on December 11, 2012 at 8:00 pm by JM Ashby

Artist – David Fitzsimmons In other news, the U.S. Treasury announced today that sales of AIG shares has lead to a $22.7 billion profit for taxpayers.

Posted in Open Thread | Tagged , , , , | 1 Comment

More Big Government Socialism

Posted on May 8, 2012 at 3:45 pm by JM Ashby

According to the Government Accountability Office (GAO), the U.S. Treasury is on track to profit over $15 billion from the sale of taxpayer-owned shares in insurance giant AIG. (Reuters) – Taxpayers could realize a profit of more than $15.1 billion … Continue reading →

Posted in Economy | Tagged , , , | 1 Comment

Mitt Romney’s “Elite” Investments

Posted on January 25, 2012 at 2:00 pm by JM Ashby

As Mitt Romney’s tax return and financial disclosure forms continue to be analyzed, new details of his shady financial dealings, the sources of his vast wealth, are coming to light. Examination conducted by the LA Times has revealed that Romney … Continue reading →

Posted in Election 2012 | Tagged , , , , , , | 5 Comments

Not Very Much

Posted on January 17, 2012 at 5:00 pm by JM Ashby

During today’s press conference wherein Mitt Romney admitted to paying a tax rate of only 15 percent, he also alluded to his other sources of income as “not very much.” According to a USAToday report published before the GOP primaries … Continue reading →

Posted in Economy | Tagged , , , , | 4 Comments

Tom Toles For The Win

Posted on October 21, 2010 at 8:28 pm by Bob Cesca

I was just talking with my brother about how the banks and financial institutions who benefited from TARP are probably contributing to Republican candidates who are running against TARP. And minutes later, I spotted this from Tom Toles (via Ezra):

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Mr. Short Term Memory

Posted on August 18, 2010 at 4:40 pm by Bob Cesca

Good freaking gravy. Gallup’s latest update on 2010 congressional voting preferences finds 50% of registered voters saying they would vote for the Republican candidate in their district, and 43% for the Democratic candidate, if the elections were held today. More … Continue reading →

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Embarrassing But Fair

Posted on August 16, 2010 at 9:09 am by Bob Cesca

Starting now… Unless a consumer chooses to opt-in for overdraft protection, their ATM and debit purchases will be declined if an account has insufficient funds. My bank tried like hell to corral us into an overdraft protection plan. There must … Continue reading →

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Stupid, Stupid, Stupid

Posted on August 11, 2010 at 2:44 pm by Bob Cesca

This is a problem. Only a third of Americans (34%) correctly say the Troubled Asset Relief Program (TARP) was enacted by the Bush administration. Nearly half (47%) incorrectly believe TARP was passed under President Obama. Another 19% admit they do … Continue reading →

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The Game is Rigged

Posted on August 11, 2010 at 12:48 pm by Bob Cesca

I’ve been suspicious for a while now that banks manipulate the timing of deposits and debits on a checking account in order to game the system in favor of overdrafts and the subsequent fees. It wouldn’t take much programming to … Continue reading →

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Suck It, Republicans

Posted on August 8, 2010 at 4:17 pm by Bob Cesca

It turns out the government response to the recession actually helped to reduce the budget deficit compared with what it would have been had we done nothing. Via Yglesias: Of course you won’t hear this in any wingnut docu-fiction movies … Continue reading →

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