Posted on 10 March 2009. Tags: $787 billion, 1995, Al Qaeda, American Recovery and Reinvestment Act, Baath party, Baghdad, banking, banks, barack obama, Ben Bernanke, bills, bonds, C, cancel employee training, Chief, China, Citigroup, Constitution, credit report, currency, distressed homeowners, driver's license, Economics, Education, election, executive pay, extend school year, Fed, federal reserve, financial institutions, first-time parents, Hainan, Impeccable, iraq, local government, Mesopotamia, modify mortgages, more earmarks, Navy, performance-based compensation, Politics, President Obama, put off evictions, regulatory system, return bailout money, revoked, Rob Viglione, ron paul, Russ Feingold, Saddam Hussein, Senate, Senator Feingold, shareholders, slash dividends, states, stimulus bill, submarine, suicide bomber, Sunni, surveying ship, TARP, teachers unions, testing standards, Texas, traffic ticket, trained nurses, treasuries, Treasury securities, U.S. dollar, vacancies, Videos, vote, war vessels, Wisconsin, withdraw job offers to foreign citizens
Obama plans massive federal incursion into education, banks want to return bailout money, U.S. naval ship repelled from Chinese waters, potential change to the Constitution, yet more violence in Iraq-dozens killed by suicide bombers-are Al Quada and Baath Party uniting? Citigroup on track for best quarter since ’07-lifts markets, traffic ticket destroys woman’s life, Ron Paul says we need more earmarks, and Fed chief calls for new financial regulations-Ron Paul says to regulate the Fed…just the latest in your Freedom Under Fire Report! Continue Reading
Posted in Featured, Freedom Under Fire
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