Airlines Bailout Was More Justified Than Wall Street Giveaway. The Simple Truth is the American Taxpayer is the True Victim While he Global Elite Reap Colossal Personal Profit.
The airlines bailout after the 9/11 drop in passanger airline ticket sales was in large part a giveaway to an industry that was already suffering.
A Government Bailout for Detroit Automakers Will Only Compound Government Mistakes.
Throughout the recession there have been more and more bailouts being doled out to various companies in different fields.
First, the bank bailouts caused an uproar in many quarters as the government used taxpayer's money to give banks the money they needed to get back on their feet.
Americans are Criticizing the Airline Bailout Package for the Wrong Reasons.
We all know what an airline bailout package is, and in today's government and economy, there are few industries looking for bailouts to recover from the government's mistakes.
Top industries like the automotive industry and the airline industry are at the center of many heated debates on who is the most deserving of a bailout package.
CEOs Asked For Auto Bailout And Congress Complied, The First Time.
In 2008, the fallout from the economic crisis and the oil price crisis brought the American auto industry to its knees, threatening bankruptcy and major layoffs for the major corporations.
In 2008, the CEOs of the “Big Three” auto manufacturers, Ford, General Motors, and Chrysler came to Washington to ask for a chunk of the money that Congress was getting ready to dole out.
The 1979 Chrysler Bailout Cost $1.5 Billion. Big Business Execs Pad Their Wallets With Government Funds While Social Programs Like Education Fall Off the Map.
The 1979 Chrysler bailout: Chrysler officials flocking to Washington is nothing new. It was just thirty years ago when the company first went to Washington to beg the federal government for a quick fix bailout to prevent the company from going bankrupt.
The Dollar, the Automobile Bailout, Unbalanced Macroeconomics and You.
Did you ever see an equation in high school or college that looks like this?: PI=PS + CS + GS?
Nope, probably not, unless you took a macroeconomics course in financial or business school. Not knowing that simple-looking equation is why most people (including politicians and news reporters) fail to understand the economy and how bailouts and stimulus injections negatively effect it.
The Shotgun Wedding, a Bear Stearns Bailout Tale of Failure.
In the shocking Bear Stearns bailout , the Federal Reserve pays JPMorgan Chase $30 billion to buy the failing company.
JPMorgan exits the building of Bear Stearns with a Cheshire-grin over the weekend.
Having reached a sweetheart deal with the Fed in mid-March 2008, JPMorgan acquires the legendary Bear Stearns investment bank for a fur ball price of $2 a share, or $270 million.
Examining the Bear Stearns Buy Out Back Alley Deal With the Fed.
Shocked and outraged, shareholders demand an investigation into the JP Morgan Bear Stearns buy out that left them wiped out almost overnight.
Among shareholder questions were questions about how the deal was formulated in such a short time to begin with.
The 12 Banks Bailout Reveals Capitalist Hypocrisy. The Rich Will Always Protect the Rich While the Common Man Continues to Struggle to Pay His Bills and Feed His Family.
The 12 Banks Bailout demonstrates the extent of the great economic black out in the United States. It is the result of the never-ending gluttony and greed of the corporate elite. They have rendered countless people homeless and desperate.
Multi-Generational Abuse of the Welfare System is a Growing Problem in America.
Abuse of the welfare system has become a serious problem today.
Welfare is the money or assistance granted by the Government to help needy people who are suffering from poverty or other social and economic issues.
Earlier, this assistance was used by needy individuals to enter into mainstream society and some people used this money to further their skills that enabled them to find better jobs.
"Where is My Bailout?" Is on the Minds of Thousands as Average Americans Are Losing Necessities.
Corporations across the United States are being bailed out right now because they're on the verge of failure.
These are, without fail, large businesses which the federal government makes a lot of money off of, producing revenue that it doesn't want to lose.
As such, each business eligible for a bailout is being decried as absolutely essential for the health of the economy.
The 1971 Lockhead Bailout Cost $250 Million. Social Programs Suffer While the Government Puts Endless Funds Into Programs That Keep the War Machine Thriving.
The 1971 Lockhead bailout is but one in a long history of government bailouts. The United States bailing out industries in spite of their rhetoric of letting the free market take its toll is nothing new, especially when helping out one of its best buddies.
Bailout Recipients Are Taking it To the Bank. When the US Government Extends Billions of Dollars to Private Corporations, Execs Get Fat and Fascistic Alliances Are Formed.
We hear there is endless talk about the bailout recipients and those lousy investments of the financial institutions on Wall Street. We have to wonder why the government chooses to reward executive failure with enormous bonuses and exotic retreats.
The Original Congress Bailout Bill Was A lot Worse Than The Revised Bill, But The Original Bill’s Obscenities Are Still Underlying The Legislation.
The original Congress Bailout Bill of September, 2008, the full text of which can be seen here was an astonishing piece of arrogance on the part of the people who were behind it.
The Congress Bailout Plan Does Not Help Unless You Are a Multi-Billion Dollar Company.
The economic crisis that began hitting the United States hard in 2008 threw the federal government into panic mode and ultimately made them lose their basic principles and led them to create the controversial Congress bailout plan, the Emergency Economic Stabilization Act.
The bill would allocate $700 billion of money the United States does not have toward helping large, struggling financial corporations.
AIG Advisor Group Pigs Out on Corporate Welfare. Once More the Elites Find Ways to Exploit Government Resources, Making Execs Rich While Taxpayers Are Left Holding the Bag.
AIG Advisor Group is the marketing name for the broker/dealers of American International Group (AIG). It is the largest network of financial advisors in the world. Because of their poor business practices, they found themselves in need.
Another AIG 38 Billion Dollar Lifeline Was Extended by the Government. Americans Stand by and Watch as the Wealth of Their Country is Transferred Into the Hands of Elites.
The AIG 38 billion dollar bailout is an example of corporate theft. The corporation known as American International Group, serves the role of an international insurance company, and it is one of the largest corporations in the world.
AIG 2009 and the Epidemic of Zombie Banking Spreads. Elites Have Perfected Their Control Over Economic Systems, and Now They Are Plundering the World's Monetary Reserves.
American International Group, or AIG 2009, is a worldwide insurance conglomerate, and it has been considered one of the twenty largest corporations on earth. Their unethical practices, however, are how they will be remembered.
The ACORN Stimulus Package is Discussed by Many People. More and More Today, Big Business and Government Money Are Combining to Create Dangerous State Control.
The economic stimulus bill should be renamed the ACORN Stimulus package. ACORN stands for the Association of Community Organizations for Reform Now. Although they of guilty of fraud, they have their hand out for a bailout.
Benefits of the ACORN Stimulus Bill Seem Set to Find Their Way to Political Funds. Politicians Use Their Elitist Influence to Get Rich on Taxpayer's Money.
The ACORN stimulus bill was included in the American Recovery and Reinvestment Act of 2009 with its more than 800 billion dollar bailout and up to $5 billion for groups that gave their active support to Barack Obama's campaign.
The 490 Billion Bailout was Simply the Beginning of Fascistic Reign Over Business. People Are Watching Closely as Elites Subject Free Enterprise to Government Control.
In wondering about the 490 billion bailout, the number has ballooned to an astonishing $700 billion. This is taxpayer money that is being funneled to the very leaders who helped design and manage the economic collapse of 2008.
The Real Estate Bust; Was it Avoidable?
New home owners have probably spent sleepless nights wondering what they will do if and when the real estate bust catches up with them.
Their fears could be real or imaginary depending on the financial strategies they had put in place before the recession.
The Latest News on the Housing Bubble Keeps People Renting and Not Buying.
The latest news on the housing bubble is not very encouraging.
In fact, the latest report showed that house prices in 2008 fell by a whopping 13.8%.
This is very bad news for existing homeowners especially if they are looking to sell their house now.
California is one of the worst hit states with home prices in Stockton as low as $125,000.
What Caused the Housing Recession of 2009 and How to Stop it From Happening Again.
The housing recession of 2009 is one of the major problems facing our country this year.
This housing recession has created huge profits for the Central Banks and the Federal Reserve mainly because in the last few years no other investment has been as lucrative as real estate.
Since 2001, the home mortgage rates were artificially low and this contributed to the housing bubble.
