Tag Archives: Bailouts

53% Say Bailouts Have Been Bad for the Country

Most voters still aren’t convinced that government bailouts have been a good idea. A new Rasmussen Reports national telephone survey finds that 53% of Likely U.S. Voters think, looking back, that the bailouts of banks, auto companies and insurance companies were bad for the United States. Thirty-one percent (31%) disagree and feel the bailouts were [...]

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Obama Policies Turn Political As His Polls Sag

Setting legislative priorities has been one of the chief tasks of American presidents for the past century. Sometimes, they concentrate on changing public policy. Other times, they highlight issues for political reasons, with an eye to the next election. In his first 14 months in office, Barack Obama worked to change public policy, with partial [...]

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EU Sees Wider Greek Deficit, Roiling Markets

Bonds Fall as Investors View Bailout and Default as Givens By CHARLES FORELLE BRUSSELS—New figures revealed that Greece’s debt crisis is even worse than investors believed, delivering a fresh shock to European markets and all but ensuring that the International Monetary Fund and euro-zone countries will have to step in within weeks to bail out [...]

Posted in Bond Markets, Business, Euro Zone, Greece, IMF, Solid Principles, Wall Street Journal | Tagged as: , , , , , , , , , , , , , | 1 Comment

GOP denies link to Frank Luntz memo

By CHRIS FRATES Congressional Republicans can’t quite remember where their main talking point against Democratic financial-reform legislation came from, but they insist they know where it didn’t come from — Frank Luntz. The talking point’s authorship has become more than an academic question because gleeful Democrats say that in calling the bill a bailout, Republicans [...]

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After spending binge, White House says it will focus on deficits

Obama says he’s going to take his foot off the spending petal…..I’ll trust Obama with other people’s money to the same extent as I would Bernie Madoff. ~~John Cronin~~ http://www.politico.com/news/stories/1109/29471.html Politico By: Mike Allen & Jim Vandehei President Barack Obama plans to announce in next year’s State of the Union address that he wants to [...]

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