Tag Archives: bailout

Voodoo Economic Assholes

April 3, 2011 – 5:27 pm

The Great Depression has faded from the American consciousness. The national economy expanded enormously over the last half-century. Most people have only known relative prosperity in their lifetime. Few living recall standing in lines for a soup kitchen. Big cars and fast food created a sense of comfort for the nation. Under GW Bush’s tutelage […]

By Peter | Posted in 2010s, america, economy, politics | Also tagged , , , | Comments (0)

Balls

March 20, 2009 – 9:21 pm

Americans are outraged that AIG issued $165 million in bonuses to their top executives. This money came from the bailout to the beleaguered insurance giant. Congress responded to the rage with kneejerk legislation aimed at retrieving the money by taxing the corporate fats cats 90%. This without any review as to who got what and […]

By Peter | Posted in america, economy | Also tagged , , | Comments (0)