Comments on: Bailout creep: What the hell is Hank Paulson up to now?!

By: Michelle Malkin » The newspaper bailout countdown clock

Michelle Malkin » The newspaper bailout countdown clock — Tue, 11 Nov 2008 20:27:59 +0000

[...] waving its magic wand and redefining American Express as a “bank holding company,” with insurers and Hollywood getting a cut of the Crap Sandwich 2.0, and with China lobbying and with automakers [...]

By: OpenMarket.org » Archive » Bailouts Mushroom, Impoverishing Taxpayers

OpenMarket.org » Archive » Bailouts Mushroom, Impoverishing Taxpayers — Mon, 10 Nov 2008 15:43:09 +0000

[...] is expanding its bailout of AIG to $150 billion, well above its originally-predicted cost, and planning to bail out other insurers and the automakers (yet again). Many of the bailouts over the past year are likely to have [...]

By: ahraley

ahraley — Mon, 27 Oct 2008 19:58:19 +0000

BAIL OUT SCAM!!!!

http://latourette.house.gov/NewsRoom.aspx?FormMode=Detail&ID=115

By: RabbidSquirrel

RabbidSquirrel — Sun, 26 Oct 2008 16:27:54 +0000

Now, on normal times there is no way PNC would be allowed to buy National City – their markets overlaps so much that they would have a great deal of difficulty in passing any antitrust analysis. But not in these times.

And this is why I am going back to school once again in January. They are building a whole market that the average person will not be a part of or can easily understand. Its one of those cases of – if you cant beat them, join them.

By: Jim M.

Jim M. — Sun, 26 Oct 2008 13:58:11 +0000

Paulson has gone far off the reservation.

His plan to buy stock in banks was not discussed as part of TARP. And yet, he is doing that now. Now just to help ailing banks, but to facilitate mergers.

PNC is buying National City. For $5.2 Billion in stock. BUT, only AFTER the US Treasury buys almost $ Billion in PNC preferred stock.

Now, on normal times there is no way PNC would be allowed to buy National City – their markets overlaps so much that they would have a great deal of difficulty in passing any antitrust analysis. But not in these times.

I suppose this is the 21st Century take on carpetbagging.

But who else benefits? Why, Goldman Sachs!!!! Goldman is the investment banker to National City on this deal, and with the deal valued at over $5 billion, they will see one hell of a payday. Cha-ching!!!!!

By: Jim M.

Jim M. — Sun, 26 Oct 2008 13:46:22 +0000

Paulson has gone far off the reservation.

His plan to buy stock in banks was not discussed as part of TARP. And yet, he is doing that now. Now just to help ailing banks, but to facilitate mergers.

PNC is buying National City. For $5.2 Billion in stock. BUT, only AFTER the US Treasury buys almost $ Billion in PNC preferred stock.

Now, on norml times there is no way PNC would be allowed to buy National City – their marketsd overlaps so much that they would have a great deal of difficulty in passing any antitrust analysis. But not in these times.

I suppose this is the 21st Century take on carpetbagging.

By: Freddy

Freddy — Sun, 26 Oct 2008 03:24:18 +0000

“Government is not the solution, Government is the problem” RR

Clearly, many have forgotten the recent past.

By: Send_Me

Send_Me — Sun, 26 Oct 2008 02:17:20 +0000

On October 25th, 2008 at 9:38 pm, davod said:
Remember how Roosevelt extended the depression with his interference in the economy. Well, it is happening again.

It was said that one of Paulson’s qualifications for the job was his study/work concerning the Great Depression while in college. It seems that he learned a great deal, not so much in terms of how to prevent or even lessen the effects of the causes of a depression, but rather the potential for power-grabbing by politicians during a depression. It seems that lesson is the one that took.

By: Bud Fox

Bud Fox — Sun, 26 Oct 2008 01:57:24 +0000

great.

By: davod

davod — Sun, 26 Oct 2008 01:44:24 +0000

Don’t forget Paulson and Goldman Sacks made a lot of money helping China.

By: davod

davod — Sun, 26 Oct 2008 01:38:09 +0000

Remember how Roosevelt extended the depression with his interference in the economy. Well, it is happening again.

The Liberal Republicans and the Democrats in the Administration are setting up an ireversable chain of events.

By: ITookTheRedPill

ITookTheRedPill — Sun, 26 Oct 2008 01:24:40 +0000

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By: rambler

rambler — Sat, 25 Oct 2008 23:51:32 +0000

I’m hearing from friends who own small businesses that they are sitting their employees down and explaining what will happen to jobs under Obamanomics. In essence, the employees learned that they may be voting themselves out of a job come jan.
People are cutting their losses, paying off debt and hording their money. Obama is not going to get additional tax money from them under any circumstances.
I’m seeing McCain/Palin signs going up and Obama sign coming down. There is an Obama campaign headquarters near by and no McCain headquarters at all.

By: California Red

California Red — Sat, 25 Oct 2008 23:10:03 +0000

I hope President Obama turns out to be the change everyone is hoping for. Sure I cringe when I think of the socialist tack we are about to take, but the Replublican party under Bush and McCain really offers nothing different. We live in the era of big governments where everone is entitled to a handout.

By: A Small Corner of Sanity - An Online Oasis for Conservative Thought

A Small Corner of Sanity - An Online Oasis for Conservative Thought — Sat, 25 Oct 2008 19:56:10 +0000

Bailout’s Belt Busting…

Ok, who didn’t see this coming?

I myself am currently paying off all of my credit card debt in chunks, so as to keep my nose clean, my bank account from being killed by 30%+ interest rates and to keep some money in the account when the upcoming ts…