Sunday, June 5, 2011
Government Will Lose......................
From the very beginning, the Obama administration made it clear that they'd never recoup all of the money they invested in the auto industry bailout. They just didn't know how much they'd lose. Now they've put a figure on it: The government will lose about $14 billion in taxpayer funds, out of the $80 billion it spent to bail out Chrysler and General Motors in 2009. That's a drop in the bucket compared to what the government has spent on bailing out the banks: About $4.6 trillion, with $2 trillion of that still outstanding, according to some estimates.Link
TARP and the auto bailout.
House Budget Committee Chairman Paul Ryan (R-WI) warned at Friday's Faith and Freedom Conference that the government needed to remove itself from the free market.Link
Saturday, June 4, 2011
Ron Paul money bomb......right now.
June 5th Money Bomb - The Revolution vs. RomneyCare Donate Now!.Link
'tough headwinds'..........spend.spend.spend.
WASHINGTON (AFP) – President Barack Obama warned on Saturday that the US economy still faced "tough headwinds," as he welcomed newly created jobs in the once-troubled automobile industry. "Even though our economy has created more than two million private sector jobs over the past 15 months and continues to grow, we're facing some tough headwinds," the president said in his weekly address.Link
Friday, June 3, 2011
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