Crony Capitalism: $737 Million Green Jobs Loan Given to Nancy Pelosi's Brother-In-Law Solyndra wasn't enough looting, comrade. Despite the growing Solyndra scandal, yesterday the Department of Energy approved $1 billion in new loans to green energy companies -- including a $737 million loan guarantee to a company known as SolarReserve: "SolarReserve LLC, a closely held [...]
Everyone has an agenda, me included. Look for them. They're embedded in everything you see, hear, and read. You...YOU...have to be informed and stay informed. Take nothing at face value. You...YOU...have to be ready. Remember this guy? http://www.youtube.com/watch?v=VjMTNPXYu-Y&feature=related It's not just Rahm who thinks that. All of the power players think the same thing: "How [...]
Irresistible force, let me introduce you to immovable object? Economy in Congress’s Hands As Fed Runs Out of Bullets Ben Bernanke took a lot of flack from politicians ahead of the central bank’s statement on Wednesday. But now after the Federal Reserve chairman downgraded the economic outlook and initiated a Treasury-buying program in an attempt [...]
Solyndra execs will decline to testify at hearing In the letters sent to the House Energy and Commerce Committee's Subcommittee on Oversight and Investigations, attorneys for Solyndra CEO Brian Harrison and CFO W. G. Stover said they advised their clients not to provide testimony during the hearings. The bankrupt company's $535 million federal loan guarantee [...]
"William Black: Why Nobody Went to Jail During the Credit Crisis" Did you buy a house during the boom? Do you wanna know why you paid too much? Professor William Black recently did an interview with Jim Puplava of the Financial Sense Newshour. Follow the link above and listen to the interview (Once on the [...]
Props to WilliamBanzai7.
The August employment report, ZERO new jobs, was a wake up call. What's going on? The mainstream press has gone to great lengths to convince us that the wise economists in their lofty heights of academia have broken economics down to a science. They'd like us to believe the economy is like some purposely-built machine [...]
I'm sick of all the failed interventions, regulations, stimulus plans, bailouts, off-balance sheet hidden losses, Too-Big-To-Fails, politically-chosen winners and losers, save-me-from-myself Nanny State crapola. Whatever else it is, you can rest assured Obama's coming "jobs" program will be some FDR-like nightmare of make-work unproductive government jobs, with "employees" paid with borrowed Chinese money and/or newly-clicked [...]
Presented without additional comment: the price of an average U.S. house, priced in ounces of gold. The chart is from a May 2009 article. As of today, the ratio is down to 95.
From Rasmussen Reports: A new Rasmussen Reports national telephone survey finds that just 17% of Likely U.S. Voters think the federal government today has the consent of the governed. Sixty-nine percent (69%) believe the government does not have that consent. Fourteen percent (14%) are undecided. According to the report, this is the lowest level ever [...]
