US loses over $10 billion on sell off of remaining GM stock
U.S. taxpayers no longer own any of automaker General Motors as the Treasury sold the last of its remaining 31.1 million GM shares Monday, incurring a massive loss for taxpayers. The taxpayer loss on the GM bailout More...
Sen. Rand Paul introduces ‘Economic Free Zones’ to Detroit Economic Club
On Friday, Senator Rand Paul (R-KY) presented a plan to the Detroit Economic Club that provides depressed or bankrupt areas with new economic opportunities. Image/Video Screen Shot Different from big government More...
Janet Yellen nominated to head the Fed, anti-Fed crusader, Ron Paul responds
President Barack Obama announced yesterday his nominee to take the place of Ben Bernanke and head the US central bank, the Federal Reserve. Mr. Obama, not to the surprise of many, nominated Dr. Janet Yellen, the More...
Obama ‘monitoring’ Detroit bankruptcy, Rand Paul says he is ‘bailing them out over my dead body’
Although the federal government has not committed federal money to Detroit in an effort to bail them out of their financial woes, Politico reports that President Obama is monitoring the situation in the Motor City. photo/Revisorweb “While More...
Harry Reid says Obamacare needs more money, Tom Graves says a ‘bailout’ is ‘dead on arrival’
Senate Majority Leader Harry Reid (D-Nev.) expressed fresh concerns Wednesday about the implementation of the federal health care reform law joining one of the bill’s co-authors, Sen. Max Baucus (D-Mont.), More...
Paul Krugman’s Intellectual Honesty on Great Britain, Herbert Hoover and Margaret Thatcher
Bob Murphy has a post on Free Advice that deals with the intellectually dishonest way that Paul Krugman portrays Herbert Hoover and the Andrew Mellon quote, “Liquidate the farmers, etc.” Krugman clearly More...
Ron Paul: ‘The situation in Cyprus should be both a lesson and a warning to the United States’
Former Texas Congressman Ron Paul said today that the situation in Cyprus should serve as a lesson for Americans and asks, “How long before bureaucrat and banker try that here?”, according to a Texas More...
Krugman Supports Capital Controls
In reading Paul Krugman for more than a decade, it seems that he has established a firm ideological pattern: Markets evil, government good. Thus, he has decided the solution for the crisis in Cyprus: capital controls. Now, More...
Vote kills Cyprus tax plan, collapse appears evident as EU deal appears elusive
Cyprus appears to be on the brink of bankruptcy and the proposed tax on every single bank deposits was quickly rejected on Tuesday. European creditors, who are insisting that the island contribute to its rescue More...
Cyprus Government approves deal with EU to tax all bank accounts, seize funds to pay for bailout
Details emerged this weekend of a deal between the Cyprus government and the EU to tax financial transactions as high as 9.9%. The Blaze detailed in a March 17 article that the Cypriot government is positioning More...
SEIU organizes Hugo Chavez ‘celebration and procession’ to honor ‘Our Comrade’
Wibailoutpeople.org was one of the few website which still posted the SEIU announcement detailing the “celebration and procession” for the deceased Venezuelan dictator Hugo Chavez. Hugo Chávez in Porto More...
Paul Krugman and His Zombie History
Murray Rothbard liked to say that economist often tended to specialize in the area where their knowledge was the worst, and given Paul Krugman’s butchery of the historical record, I’d say Rothbard had More...
Fiscal Cliff Simplified
It’s that easy! When you sit down to balance your family checkbook, do you decide to get yourself out of debt by spending more money? Of course not! But this is what Obama and his Congress has done.. they More...
JoAnn Watson, Detroit Councilwoman wants President Obama ‘quid pro quo’ and ‘some bacon’
On Tuesday, Detroit Councilwoman JoAnn Watson told members of the City Council that since Detroit voted for Barack Obama, the president owes the city a government bailout, Fox 2 reported Wednesday. Detroit is enduring More...
Unemployment rises to 7.9%, Obama campaign says economy healing
The U.S. economy added 171,000 new jobs in October and the employment rate inched up to 7.9 percent from last month’s reading of 7.8 percent; August and September job creation totals were revised higher More...
MSNBC says Romney right about auto bailout article, Obama keeps with Romnesia VIDEO
donkeyhotey donkeyhotey.wordpress.com Despite fact checkers shouting otherwise, President Obama has kept with the attacks against GOP rival Mitt Romney over his 2008 article discussing GM going through bankruptcy More...
Josh Mandel and Sherrod Brown get personal in attacks during Ohio Senate debate
The second debate in Ohio’s highly contested US Senate race became a battle of vitriol which included the Republican Josh Mandel calling the Democratic incumbant, Sherrod Brown, a liar and can’t be trusted. Negative More...
Gary Johnson and Jill Stein battle in ‘other’ Presidential debate
Gary Johnson, as many of you may know, is the Libertarian Party nominee for president. Jill Stein is the Green Party candidate. Both candidates are in the ballots in enough states to mathematically reach the 270 More...
Former Obama advisor, Steve Rattner, calls for Death Panels, rationing for the elderly
Photo credit: Daphne Borowski A former Obama administration official, Steve Rattner, wrote an intense op-ed for the NY Times back on September 16 titled “Beyond Obamacare,” beginning the article: We More...
Breitbart columnist attempts to guilt ‘Ron Paul voters’ into supporting the RINO ticket of Romney/Ryan
In one instance, of several recently, the GOP has sent out the forces in a total act of desperation to get their big government ticket elected this November, by trying to appeal to liberty-minded citizens. Is Mitt More...
