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Tag archive for ‘Eds’

Reform, not Rescue… Buy in, not Bail Out.

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.

Price tag for Government led Wall Street Bailout… $1.3 trillion… saving the US Economy from collapse… Priceless

Price tag for Government led Wall Street Bailout… $1.3 trillion… saving the US Economy from collapse… Priceless

As a conservative - I’m willing to pay the 1.3T dollars to save the US economy… just like I was willing to spend over a trillion dollars fighting for freedom in Iraq, Afghanistan, and in the Global War on Terrorism. This threat to the United States needed to be dealt with and in a logical way… because stability in the US markets is priceless.

Obama wants illegal immigrants to vote (for him)

Obama wants illegal immigrants to vote (for him)

The above commercial is being run in several western and border states by the Obama campaign. Put simply - it’s an entire pack of lies and a shameless attempt to inspire ethnic and racial identification with Barack Obama and encourage illegals to try and vote for him in the General Election in November.
The advertisement, which [...]

Can Congress Bailout the US financial System? Should it?

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, [...]

Why the Fed saved AIG and not Lehman

Why the Fed saved AIG and not Lehman

(Washington, D.C. ; Right Commentary) The U.S. Federal Reserve Board reversed course Tuesday night and agreed to an $85 billion bailout of global insurer American International Group (AIG), giving the U.S. government an ownership stake in the troubled insurance giant.
Treasury Secretary Henry Paulson Jr. and the Federal Reserve Chairman, Ben Bernanke convened a meeting with [...]