Tag archive for ‘Current’
Uncle Sam the Loan Shark
I must admit - I’m totally dumbfounded and stunned today by the article I read in the Wall Street Journal entitled, “The Paulson Plan will make Money,” by Andy Kessler. Essentially, Kessler’s argument is that somehow in all of this mess, the money spent in the proposed financial intervention plan before Congress will actually result in a windfall to the taxpayer in potentially trillions of dollars. This argument is fundamentally flawed - for it if were true, there would be no investment/financial services crisis to force the government’s hand.
Reform, not Rescue… Buy in, not Bail Out.
This is a restructuring, not a rescue. It’s a buy in, not a bailout. Congress and the White House need to realize that this effort’s main goal is the stabilization of the financial markets and the recapitalization of the financial system. It is not the time to take the taxpayer’s money and give it to Wall Street. It is not the time to take the taxpayer’s money and give it to homeowners who can’t pay their mortgages. We’re taking the taxpayers money and correcting an error we should have corrected over five years ago - making the markets more transparent and ensuring that people who benefit from risky deals also assume the downside to those deals when they go bad.
Republican Jobs: Current openings at IRI
A non-profit and non-partisan organization (in that it does not work on partisan causes), the International Republican Institute works to advance freedom and democracy around the world.
This is a great resource for conservatives to do more than just “think-tank” work. The IRI actively works to spread democracy and freedom around the world and has positions [...]
Republican Jobs: Intern - Congressman Dave Camp (R-MI)
Congressman Dave Camp (R-MI) is currently seeking part and full time interns for his Washington D.C. office. Applicants must be highly motivated, have excellent oral and written skills, be able to accomplish a variety of tasks, and should have a strong interest in politics and the legislature. Intern tasks include but are not limited to: [...]
Can Congress Bailout the US financial System? Should it?
(Washington, D.C. ; Right Commentary): To the American Public, the current financial crisis has many villains but none upon whom clearly to pin the blame. Taxpayers are angry at the notion of having to bail out banks, headed by millionaires, whom they believe cheated them out of values in their homes, and in some cases, [...]
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