Tag archive for ‘Us Government’
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.
US Government commits to a bailout of the banks…
Following an emergency meeting Thursday night, the Bush Administration and Congress have pledged to work together to commit the US Government to potentially a full intervention in the US financial markets to try to resolve the credit crisis in hopes of staving off broad damage to the United States economy and financial markets.
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, [...]
Marginal sins of taxation
Sen. John McCain and Sen. Barack Obama have put forth their tax plans, with specifics falling in line with party ideology. As election season progresses, we’ve also seen an infusion of religion—Obama’s firebrand pastor, McCain’s issues with far right evangelicals and an anti-Clinton priest who would be right at home alongside the fruitcake on your Christmas [...]
Allah is offended (by the Pledge of Allegiance?)
Apparently, some Muslims in Oregon don’t like the US Pledge of Allegiance. As a result, at one Oregon elementary school, the kids won’t be allowed to recite it at an end of the year assembly. Principal Pam Wilson of Capitol Hill Elementary sent this email to parents explaining her decision to remove the pledge:
“The [...]
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