Results for ""borrow. spend. panic. repeat.""

A group of Senate GOP conservatives attempted to stop the Bush/Obama/Reid money grab for the second half of the Crap Sandwich.
The measure went down 42-52. I’ll post the roll call vote when it goes up.
Andrew Moylan at NTU:
The Senate just voted 42-52, FAILING to pass a resolution of disapproval on spending $350 billion more on [...]

I know I’m getting to be a broken record on this, but how long will this country keep trying to cure the disease with the disease?
Headline: “GMAC loosens credit to make vehicles easier to buy.” Call it the subprime auto loan prescription.
Easier auto loans for more people.
The struggling financing arm of General Motors Corp., rescued [...]

The Naked Emperor Hank Paulson is at it again. How to dig ourselves out of our borrow-spend-panic binge?
Why, of course: Encourage more borrowing, spending and panicking!
Oy:
The U.S. Treasury and Federal Reserve will unveil as soon as today a lending program to shore up the consumer-finance market, using money from the government’s $700 billion rescue, two [...]