Now the bailout needs a bailout!
~ For the latest breaking news, be sure to join Michelle's e-mail list ~
Posted in: Subprime crisis
See what others have said
Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.
Comments
You must be logged in to post a comment.
 |
Obama’s new campaign candy: More mortgage aid, homeowner “bill of rights”
February 1, 2012 11:39 AM by Michelle Malkin
88 Comments
One cheer for the belated SEC lawuit against Fannie/Freddie execs
December 16, 2011 11:53 AM by Michelle Malkin
45 CommentsBailing out the world
November 30, 2011 09:35 AM by Michelle Malkin
131 CommentsBreaking: Barney Frank will not seek re-election
November 28, 2011 09:54 AM by Michelle Malkin
168 CommentsSnortalicious: Chicago corruptocrat/Fannie fat cat William Daley wears Occupier costume
October 17, 2011 01:56 PM by Michelle Malkin
20 Comments
Here are your 1 percent-ers: Obama’s bundlers
October 17, 2011 03:13 AM by Michelle Malkin
79 CommentsJohn McCain Understands the Frustrations of ‘Occupy Wall Street’
October 12, 2011 09:07 PM by Doug Powers
122 CommentsWho’s Up For Another Fannie Mae Bailout?
May 9, 2011 11:20 AM by Doug Powers
67 Comments
Categories: Subprime crisis
Patterico
» NYT hails the safety net: Poor hardest hitAmSpecBlog
» Weekend Political Wrap-UpJustOneMinute
» I Guess I'm Still Stuck On StupidGateway Pundit
» White House Says They Won’t Budge on HHS Birth Control Mandate: “Our Position Is Clear” (Video)Gateway Pundit
» Sarah Palin on HBO Palin Movie: I’ve Created More Impersonators Than Obama’s Created Jobs (Video)Daily Caller
» Will: ‘Strongest Republican candidate has the last name ‘Romney’ and the first name ‘not” [VIDEO]
The surprising thing is I’m never surprised anymore.
And we pay taxes, why?
How fitting it is that the program has TARP as its acronym. Usually people use tarps to cover the crap that they are too lazy or foolish to actually deal with properly.
When you continue to spoil your children without regard to consequences this is what you get. A pack of big time CEO’s who think they ‘deserve’ all kinds of money even if all they have ever done is plunder it for themselves. GWB has gift wrapped the country for Obama to continue running it into the ground.
Our leaders have long since tossed the rule of law out the window…it’s all just a paper exercise, no concern for the legal or moral reasoning behind these laws. Anybody in Congress ever hear the word “restraint”?
Yes it is you poinyoin!
It was only a matter of time, as is bankruptcy for the USA.
Reversing their pay raises might be a good start here…
Hmmmm, another revolution is allowed by the Constitution if need be… we ” the people” have that right…. just sayin’
The Congress/Obamaspendapalooza is a bottomless pit of debt which we all shoulder for a very long time.
In case you missed Frank & Ernest today.
BULLS EYE!
*Exasperated Sigh*
feebz, right on! Even though it may seem a token gesture, compared to the billions of our $$ they have squandered, I would have some respect for them if they did this. Who else gets to “decide” whether or not to give themselves a raise?
But, since the CEOs who used our $$ for golden parachutes over and over again didn’t stop Congress from acting morally, I can’t think of a single reason why they would feel compelled to do so now, except perhaps for bonfires and pitchforks…
Yeah, we’re now officially more communist than the Cubans and the Chinese. You’re doing a heck of a job, Paulie.
darn editor is broken
A trillion here, a trillion there, pretty soon you’re talking real money!
Apologies to Everett Dirkson. He said “billions” but since he died in 1969 we’ve got to update the quote for our times.
ROTFLMAO!! Right. Sorry Feebs and please believe me when I say I have nothing but the utmost respect for you, but this is the funniest, not-so-funny post I’ve seen in a while.
Does the shark give back the fish guts? Does the goat give back the flowers? Would I give back the peach pie?
Actually he said a few hundred million.
I need a bailout
Everytime i get my paycheck there are these guys named Fica and Fed and they rob me blind.
I’ll warm up to bail-outs when I see the first checks roll in from those that hold stock in a company that decided to give back some of their dividends to make the company viable again. Stockholders never complain about receiving too much (they do complain about the tax involved), but boy do they get excited when they decide the company is about to go belly up and they’ve risked the farm. Why should it become anyone else’s problem? I hold two investments that are now virtually worthless. My fault. If they go under, so be it.
Empires aren’t brought down from external forces – they are destroyed from within. We are following the path of so many prior to us with no regard for historical precedence. We only have to look back 20 years to see the road we are following – that of the USSR. The US is going to either go bankrupt, or a loaf of bread will cost you 2 billion dollars. I’m thinking it will be the latter.
Why not forget paying taxes, think of all the savings, and just decide how much to print yearly.
Each generation thinks it invented greed, sex, scandal, etc. We are doomed to repeat history…anybody heard from Alexander the Great or Julius Caesar lately?
When everyone has been reduced to extreme poverty, how else will our glorious government get the funds they need. Then we will adopt the historically prudent Zimbabwe monetary policy.
let’s see, if my memory is correct, was not this nation founded because of abusive of taxes. just saying.
Looking like it maybe time for the 2nd American Revolution. After the revolution congress and it’s workings need some fine tuning…like living by the constitution as it is written, not how some left wing lib wants it to read and of course term limits. Should be good starters.
We have the legislature, the proper conditions, we’ve even got an AFRICAN-American leader. We’re right there. Let’s do it. Hyperinflation!
The problem is our leaders are far too conceited to realize that they’re leading us down that path. They truly believe they are smarter than that, yet by their own incompet actions we are destined to become one of the shortest-lived superpowers in history.
The Roman Empire lasted 800 or more years before it fell. The US will not make it to 300.
I was being facecious.
Ditto, Michelle.
Rep Gingrey (GA-11) wrote a column in todays local paper talking about just that.
MagnumOpus #3 …
I thought TARP stood for “Totally Asinine Response Program” …
Well said.
To beat a dead horse:
We can all get pissed over the big three bail out – big deal. That is like slapping the kids hand in the cookie jar while there are wolves in the cupboard (see link above).
b-cat #1 That’s exactly what I thought.
Seriously … is anyone truly surprised anymore?
Somebody tell me again why Hank Paulson isn’t in jail?
Shouldn’t SOMEBODY be going to prison for life over this bailout stuff??????
Remember Alexis DeTocqueville’s “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”, Too late….
all I wanna know is WHERE IS MY BAILOUT!!!????
On December 30th, 2008 at 1:10 pm, MtsEdge said:
Each generation thinks it invented greed, sex, scandal, etc. We are doomed to repeat history…anybody heard from Alexander the Great or Julius Caesar lately.
Do the Public Schools still teach history. I mean middle school or high school children don’t even know the history of United States. They probably think Alexander The Great is some Hip-Hop star and Julius Caesar is the name of ATG new album.
All we need is a horse in the Senate…We have no shortage of horse’s behinds there…Caligula Obama
Just saying…
Because they all have perpetual “get out of jail free” cards as a perk of the job. They can do whatever they want, as long as the majority of them support it (eg comprehensive immigration reform and the bailouts). They are not accountable at all for their actions. And there is nothing we can do about it without a revolution and throwing the scum out of office.
On December 30th, 2008 at 1:44 pm, Paul-Cincy said:
We have the legislature, the proper conditions, we’ve even got an AFRICAN-American leader. We’re right there. Let’s do it. Hyperinflation!
Would it be PC to say Mulatto-American leader. He did say he could not deny his white grandmother, in so doing not denying his white mother. Since the left is so hooked on hyphens e.g. Hispanic-Americans, Muslim-American, etc. etc. I believe Mulatto- American it is, this way his white heritage is not denied. That would not be uber-cool.
Michelle,
If it’s all right I will add a few choice words of my own too. here it goes <?”)(_O~`++). Boy did that feel good. Venting completed thanks.
Chavez has more than enough money, hit him up for the loan.
If they had dumped the money into B-2 bombers we could at least blow somebody up.
How come all WE do is talk. Why are WE not marching on the HILL.
People WE have to do something. I want to do something more than email or call my Congressmen.
HUGH crowds will speak louder!
Come April 15th don’t pay any taxes–file your 1040 and send nothing. Put it in the bank they need the influx of “cash”. Put it in the highest interest bearing account you can. When “they” figure out that half the population didn’t pay taxes they will start sending letters. Return Tea bags.
When they get to the reall threatening letters you can start sending them little bits at a time. Besides there are all those lawyers on TV that will help you out when you owe $100,000 to the IRS–you won’t have to pay near that amount and you can keep the rest that you put into the bank.
If you think you may be getting money back change your deductions to 12 NOW and maybe you will get to participate in the tax revolt too.
DC understands one thing: M-0-N-E-Y and spending it. What if there isn’t any to spend??? Think they will get the message???
Gosh! Who could have predicted that the Bush administration would fail to act in a fiscally responsible way? I DID NOT SEE THIS COMING!
Not fair, but true. But the clown does work for Sammy. His “bank regulators” did not serve us well so far.
Pick one:
1. They are implementing a planned destruction of the USA.
2. Yes, they are ALL as stupid as they appear.
3. It doesn’t matter as the country is already finished.
Those of us who smelled a rat with George Bush…(despite having once voted for him,) were ridiculed here over and over again. How long and what more outrages does it take most of you guys to “get it”?
Oh brother another conspiracy theory…(pay no attention to those men carrying bags of Money out of the treasury,led by George Bush……)
Way past time for a serious revolt and a concerted and joint refusal to file taxes. ENOUGH supporting this theft from the American people!