November 24, 2008 - NPNR's David Overbearing reports on Treasury Secretary Henry Paulson's testimony before the House Financial Services Committee...
Filed under: Henry Paulson,
Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
financial crisis,
Wall Street crisis,
Congress bailout,
Senate bailout,
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business
November 21, 2008 - Washington, D.C. -- The CEOs of several investment banking, insurance and financial services giants appeared before the House Financial Services Committee Thursday to testify about the state of their companies' financial health. What the committee members heard were tales of despera...
November 12, 2008 - The problem with bailouts, aside from the fact they promote socialism, take away the incentive to succeed, allow crappy businesses to continue, stifle innovation, prevent morons from making needed career changes, and generally screw up the economy, is that they don't work.
I am trying to think of a...
Filed under: socialism,
handouts,
welfare,
heroin,
AIG,
California,
bailouts,
bailout,
Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
financial crisis,
Wall Street crisis
October 29, 2008 - I've always been a little smitten with Alan Greenspan. I am drawn to the former Federal Reserve Chairman in the same way that I am drawn--god help me--to Larry King and Wolf Blizter. If you grew up believing in Santa Claus, it's hard not to see...
October 22, 2008 - I'm a pretty serious person, so I've been following the stock market for a total of about 22 days now. I've learned a fair amount about global finance in that time, which I present to you now, because you don't know any of it.
The stock...
October 3, 2008 - In discussions of the financial crisis, all anyone ever talks about is Wall Street and Main Street, over and over, as if these were the only two streets in the universe. Well, there are plenty of other streets out there that are also feeling the financial pinch, but getting no...
October 2, 2008 - Sweaty wrestling scholars have yet to establish whether it's a Chinese, Arabian or American curse; nonetheless somebody once said, "may you live in interesting times." And sure as God made the larva of the coddling moth eager to worm its way into the core of little green apples, we...
October 2, 2008 - With financial markets from Baltic Avenue to Marvin Gardens in free-fall, many experts warn our entire economy could soon fold like the playing surface of a cheap parlor game, leaving fortunes, title deeds and dozens of small green houses strewn about our national rumpus room, just waiting for us...
Filed under: Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
financial crisis,
Wall Street crisis,
Congress bailout,
Senate bailout,
Bush bailout,
Wall Street crash,
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October 1, 2008 - I have admitted several times that I am just a BFH (Big Freakin' Hillbilly). I drive a truck and own guns. I didn't go to an Ivy League School. I don't have a degree in Economics like so many of the so called experts I have been watching...
Filed under: Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
GOP economy,
GOP,
McCain economy,
McCain White House,
financial crisis,
Wall Street crisis,
congress bailout,
Bush bailout,
McCain bailout,
Obama bailout,
Wall Street,
Nancy Pelosi,
Barney Frank,
bailout rejection,
Wall Street crash,
bailout vote results,
bailout vote,
roll call bailout vote,
what time does the stock market close,
what time does the stock market open,
dow jones,
stock market us,
George Bush,
John McCai
September 30, 2008 - What's happening to America? The stock market dropped 700 points and the bailout bill died. Rep. Boehner (R) says the bill didn't pass because Rep. Pelosi (D) gave a partisan speech, and Rep. Frank (D) called the GOP a bunch of babies, which sounds accurate. They're all...
Filed under: Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
GOP economy,
GOP,
McCain economy,
McCain White House,
financial crisis,
Wall Street crisis,
congress bailout,
Bush bailout,
McCain bailout,
Obama bailout,
Wall Street,
Nancy Pelosi,
Barney Frank,
bailout rejection,
Wall Street crash,
bailout vote results,
bailout vote,
roll call bailout vote,
what time does the stock market close,
what time does the stock market open,
dow jones,
stock market us,
George Bush,
John McCain,
Barack Obama