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Category: bailout

Zing!! How does it feel, BoA?

Once upon a time you dressed so fine You threw the bums a dime in your prime, didn’t you? — from “Like a Rolling Stone,” Bob Dylan Hey there, Citigroup. […]

Wagoner’s ouster changes nothing

Well, well. So GM’s Chairman and CEO Rick Wagoner has been forced to resign as part of the Obama administration’s bailout plan. I’m not going to argue that he shouldn’t […]

Where’s my piece of the bailout pie?

So, let’s see … if I understand it correctly, I’m eligible for mortgage assistance under Obama’s new housing bailout. I bought this house two years ago and its value has […]

Maybe nothing is the thing to do

It appears now that the U.S. Senate’s rejection of the The Great Auto Bailout last night came down to the UAW’s refusal to accept wage concessions. What a shame. One […]

The bailout boondoggle, GM, and me me me

The Great Bailout of 2008, ill-conceived and hastily enacted in early October, is continuing to implode. $700 billion, more money than most of us can imagine, is half gone, Treasury […]