All the “votes” on bank bailouts here in the United States and around the world seem to be nothing more than a democratic façade. The idea that the people’s representatives have any power may just be an illusion. One is left to wonder if voting Republican or Democrat, conservative or liberal, libertarian or socialist makes any difference whatsoever. But maybe it does.Read more ›
Post Tagged with: "bailouts"
JP Morgan Chase is in trouble – again. The government deemed too big to fail bank, investment and insurance firm announced in May that it had lost $2 billion on trades from its London office that went badly. It is time to put an end to irrational government policy that encourages billion dollar risks to avoid a continual cycle of costly bailouts that accelerate our nation’s plummet from greatness. It’s time to let them fail.Read more ›
If you are a Republican, would you vote for a presidential candidate who…Pushed a government health care scheme onto the people, forced a free people to participate in his government health care scheme, created a socialized health care scheme that provided $50 abortions, believes in the hoax of anthropogenic global warming, pushed cap and trade taxes and regulations onto people, and more liberal ideas?Read more ›
Hold onto your horses, 2012 promises to be even more filled with political acrimony, finger pointing and low approval ratings than even the just departed 2011, but that is not a bad thing. Every piece of legislation, regulatory action, speech and appointment coming out of Washington, D.C. in 2012 will be subjected to intense political scrutiny as advocates for vastly increased government responsibilities and power seek to maintain control of the White House.Read more ›