Tag Archives: bailout

Obama's code of secrecy

On April 15, tax day, most Americans feel a little violated as the government peeps into their most private affairs to see what’s taxable. The Obama administration views such transparency as a one-way street. Continue reading

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A Crisis Obama Won't Waste

This economic crisis is too useful for Obama to want it to end. When Rahm Emanuel — and later Hillary Clinton — spoke of never letting a good crisis “go to waste,” many people were shocked. But now Obama seems to embody the corollary: that the crisis should continue until he has thoroughly milked it to reshape American politics, society and the economy Continue reading

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Inside Obama's bank CEOs meeting

When the CEO of JPMorgan insisted that they would like to return TARP money as soon as possible, Obama refused, saying that it could send a bad signal.

“My administration,” the president added, “is the only thing between you and the pitchforks.” Continue reading

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Shine a Light on Spending

Work in Washington long enough, and you’re bound to agree with almost everyone at least once. Even socialists occasionally have good ideas. Continue reading

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American Pipe Dream

As the U.S. financial crisis broadens and deepens, wiping out the wealth and savings of tens of millions, destroying hopes and dreams, it is hard not to see in all of this history’s verdict upon this generation. Continue reading

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The Real AIG Outrage

A five-month cover-up of the bailout’s real beneficiaries. Continue reading

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