UPDATE: Today on the Rush Limbaugh Show, Mark Steyn weighed-in on the absurdity of Chrysler’s ad last night: Washington Examiner: Chrysler releases $9m Super Bowl ad while requesting more taxpayer dollars You may have noticed that Chrysler released the longest ad in Super Bowl history on Sunday night, featuring the new Chrysler 200 driven by [...]
Tags: Bailout, General Motors, Super Bowl
Last Sunday’s New York Times featured an article by David Segal entitled “Is Law School a Losing Game?“. In the piece, Segal profiles a number of law school graduates whom have been burred in debt, with little to no chance of paying back their debtors. The article is meant to be an exposé on the [...]
Tags: Bailout, Economics, law, Moral Hazard, New York Times, Obamacare, University
Fannie Mae and Freddie Mac serve as perfect examples of what happens when the government intervenes in the private sector. The two mortgage giants were once called ‘government sponsored enterprises,’ which meant that profits were collected by Democrat apparatchiks, while taxpayers were on the hook for any and all losses. The purported mission of these [...]
Tags: Bailout, Debt, Fannie Mae, Freddie Mac
“The only people who are going to buy it are going to be very rich people who are going to park it outside their townhouse for ostentatious show of how virtuous they are while they drive around in their Cadillac Escalade.” – Charles Krauthammer The new Government Motors Chevy Volt is a godawful, hideous, grossly [...]
Tags: Bailout, Barack Obama, Chevrolet, Chevy, Chevy Volt, Democratic Party, Electric Car, General Motors, Socialism
