bailout

Sanctioning Government Plunder and Big Money in Politics

You probably didn’t know this but in an offline thread Skip and Jim Rubens traded debate ‘punches’ on Mr. Sununu’s veto of Biomass subsidies. We have opposed the plunder. Mr. Rubens considered the Biomass bailout to be worthwhile. In an email, via Jim Rubens.com, Jim gives a nod to that debate and perhaps others and then defends his …

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Three Million Dollar Taxpayer Funded FRM Bailout?

Today there will be a House Committee vote on SB180, a bill establishing a taxpayer funded bailout fund for investors who got swindled by the FRM Mortgage ponzi scheme. I’ll be honest.  I’m not interested in any particulars on this.  The amended cost for the legislation is $3,000,000.00 dollars (initially) to pay off investors who read some paperwork  …

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Taxpayers Now Out 25 Billion

The Government Buy-up and Bail-out of General Motors saved union jobs while arbitrarily eliminating  tens of thousands of non-union jobs at dealerships, put taxpayers on the hook, and at present will cost us at least 25 Billion in losses as the value of the automaker “we own” a part of continues to decline. Had they …

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Mysterious Folder Conundrum

Suppose you fall in love with someone who is good looking, well groomed, and has lots of potential.  Let’s say you two lovebirds decide to get married.  Giddiness and joy all around…congratulations. One day, you are at the supermarket, casually buying grapes (so you can feed them to your love, like they do in the …

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