Posts Tagged ‘white house’

$8 Billion Payback

Posted by Eric B. on May 7th, 2009 under Economics, Government Spending, Politics Tags: , , , , ,  •  3 Comments

“The White House confirmed yesterday that the $8 billion in “bridge loans” the U.S. taxpayer has given to Chrysler over the past six months, including $4 billion in bankruptcy financing, won’t be paid back.  Taxpayers also won’t be getting Chrysler stock in exchange.”  - http://tinyurl.com/dngtpl
So, President Obama has paid back the UAW for their support [...]

Corrupt Collusion

Posted by Eric B. on March 20th, 2009 under Economics, Small Government, Taxes Tags: , , , , ,  •  3 Comments

For the last eight years, everyone has been discussing the far-reaching use of “executive power” by Bush and whether or not he overstepped its limits.  But what about the misuse of power when the executive and legislative branches collude? 
I’m extremely disturbed by the Bonus Tax Bill that the House passed yesterday.  It stipulates that any [...]