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From Nytimes.com: President Obama will try to recoup for taxpayers as much as $120 billion of the money spent to bail out the financial system, most likely through a tax on large banks, administration and Congressional officials said Monday. Mr. President the only way to keep money from the banks [...]

Posted in: 2010

Let’s make 2010 the year of restoration. Let’s return to the people the livelihood that was taken in this bailout terrorism.

Posted in: 2009

From Politico.com: Citigroup gains massive tax break in deal with IRS The IRS has issued an exception to tax rules for the benefit of companies including Citigroup. As a result, Citigroup will be allowed to retain $38 billion in tax breaks that otherwise would decline in value when the government [...]

Posted in: 2009

This was the most asinine statement I have heard in a long time. The discussion had to do with these bailouts and whether the car manufacturers were really willing to do whatever it takes to stay in business. Then someone brought up the Japanese economy and said that he expected [...]

Back in 1929 Financial Crash it was said that some Wall Street Stockbrokers and Bankers JUMPED from their office windows and committed suicide when confronted with the news of their firms and clients financial ruin . . . Many people were said to almost feel a little sorry for them [...]

The oil companies should be the ones to save GM from demise. Hat Tip: Ashton Kutcher

Posted in: RogueSun