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Archive for December, 2008

The Free Market Christmas Carol

By ⋅ December 21, 2008 ⋅

Here is a great video from a group called Liberty on the Rocks, performing a version of Jingle Bells that I think every free market loving American can relate to. Lyrics (to the tune of Jingle Bells) Work day in day out, barely makin’ do. Government asks for more, but the  bailouts not  for you [...]

Why is nobody going after the governments long-lasting Ponzi scheme?

By ⋅ December 17, 2008 ⋅

If you’re a news junkie, it’s more than likely you’ve seen at least a dozen stories regarding the $50 billion Ponzi scheme orchestrated by former NASDAQ chairman, Bernard Madoff. Just to recap, a Ponzi scheme is an illegal investment practice that pays out an unusually high return to investors by simply redistributing money that comes [...]

I think this song describes the auto bailout perfectly

By ⋅ December 13, 2008 ⋅

All I wanna do is take your money….

Senate Republicans show America they still have a pair and kill auto bailout

By ⋅ December 11, 2008 ⋅

Update (12/11/08 – 11:12pm): Senate fails to invoke cloture with a vote of 52 Yeas to 35 Nays, 8 short of the required 60 votes. This means that both bodies will have to take this issue up again in January, as the rest of the Senate’s sessions will be pro forma, where nothing really happens. [...]

House of Representatives Passes Auto Bailout

By ⋅ December 10, 2008 ⋅

This seems to be the thought process of many of the elected officials in DC today… Step 1: Pass Auto Bailout in the House. Check. The United States House of Representatives just passed the latest round of government handouts (237-170), this time with the taxpayers money directed towards the troubled automakers. Step 2: Pass Auto [...]

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