Posted on 18 October 2009. Tags: AIG, American International Group, APR, bailouts, Bank of America, barack obama, BHO, Big Brother, BofA, Canada, Cancer Society, capitalism, Constitution, corporate bailouts, corporate welfare, Credit, credit cards, credit expansion cycle, debate, debt, direct talks, doctor, Economics, europe, Executive Order, Facebook, FDA, free enterprise, freedom, Health Care, history, insurance, Iran, liberty, mainstream media, MSM, Nobel Peace Prize, obama, Obamanator, physician, Politics, POTUS, President Obama, Randy Herrera, Romans, serfdom, serfs, servitude, slavery, socialism, Spain, tax bracket, taxes, taxpayer, torture, wall street
For everyone that has a Facebook account, the status updates can be a powerful tool to get your opinions across to your friends-sometimes I just can’t believe what some people say! A closet socialist friend of mine posted a congratulatory post about Obama’s Nobel Peace Prize… Continue Reading
Posted in Politics
Posted on 20 February 2009. Tags: BAC, Bank of America, banking, banks, banks get slaughtered, budget defici, C, Chuck Schumer, Citigroup, congress, credit score, debt, Economics, entitlement programs, Fannie Mae, federal reserve, financial risk, fire Congress, Freddie Mac, government business model, home appraisal, House of Representatives, HUD, income documentation, interest rates, lending standards, leverage, low income housing, Medicaid, Medicare, money supply, nationalization, nationalize, Office of Housing and Urban Development, Politics, public debt, risk, Rob Viglione, Senate, Senator, social security, unfunded liabilities, Wells Fargo, WFC, wipe out shareholders, zombie banks
With all the speculation on a government takeover of the banking industry, including Alan Greenspan’s statement that “the U.S. may have to temporarily nationalize some banks until the industry is restructured,” we should do some serious soul searching. America has a long tradition of respecting property rights and restricting government power from the private domain. Overt nationalization would be unconstitutional, but change is in the air… Continue Reading
Posted in Economics, Politics