Obama using Government Money to maintain control? Today,Patrick Buchanan came out with a scathing attack on Obama’s most recent bailout proposal. Obama calls it an “emergency” measure to prevent “massive layoffs of teachers,police and firefighters.” Yet,none of the 20 million state,county or municipal workers can lose their job unless [...] By DAVID ROGERS,Politico Because Government run enterprises function so efficiently The House voted Thursday to freeze Medicare Part B premiums for most elderly next year,even as Democrats moved to exempt the Postal Service from having to make $4 billion in payments due next week to cover retirement health [...] By Michael O’Brien,The Hill Newspaper owners want bailout cash too The president said he is "happy to look at"bills before Congress that would give struggling news organizations tax breaks if they were to restructure as nonprofit businesses. "I haven’t seen detailed proposals yet,but I’ll be [...] Floyd &Mary Beth Brown Obama wants you to bailout your neighbor In his inaugural address,President Obama heralded the arrival of a “new era of responsibility.” Apparently,this was a slip of the tongue,really meaning an “era of irresponsibility.” By his actions,Obama is pushing irresponsibility by picking winners and [...] Edward Luce,Financial Times Obama looking to Sweden for help Long regarded in the US as a folly of Europeans,nationalisation is gaining rapid acceptance among Washington opinion-formers – and not just with Alan Greenspan,former Federal Reserve chairman. Perhaps stranger still,many of those talking about nationalising banks are Republicans. Nicole Garrison-Sprenger,Pioneer Press Davis says government is not helping There is no “A,R or P”in the government’s Troubled Asset Relief Program,quipped U.S. Bancorp Chief Executive Richard Davis Tuesday morning in front of about 300 business people in Minneapolis. “It’s just troubled,”the 50-year-old CEO said [...] Victoria McGrane,Politico Obama explains socialism President Barack Obama will outline his plan to combat foreclosures in a speech Wednesday – eight days after taking heat for not detailing the plan as part of his new financial stability effort. The White House said the Wednesday speech in Phoenix,Ariz.,did [...] Associated Press Geithner blows his opening bailout pitch,Dow plummets That bomb of a bailout intro could make things tougher later on for the administration. President Barack Obama and his top financial officials will be picking up the pieces and filling in the blanks in the sprawling bailout overhaul package [...] Michelle Malkin,Townhall Only Obama can save us now President Obama is back in messianic campaign mode. It is unbecoming. When he’s not snarling at conservative opponents of his endless spending programs,he’s pandering to supporters as the nation’s community organizer-in-chief. At a stimulus rally in Ft. Myers,Fla.,on Tuesday,a [...] By Mark Pittman and Bob Ivry,Bloomberg The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion,enough to pay off more than 90 percent of the nation’s home mortgages. The Federal Reserve,Treasury Department and Federal Deposit Insurance [...] | |
