US Election In A Nutshell [pic]

Christmas Cartoon – Santa Economics

original source

Bloopers, Blunders and Bailouts [pic]

I found this DVD for sale at Amazon. Believe it or not, it was released in 2004 and has absolutely nothing to do with politics or Wall Street.

Bailout May Be Extended To The Chicago Cubs

Kevin Horrigan reports -

For a limited time only, you may be able to own a piece of a genuine Major League Baseball team! And it won’t cost you anything out of pocket! The bad news: It’s the Chicago Cubs. Also, we’re going to need the cooperation of the Internal Revenue Service and a U.S. bankruptcy judge. But beggars can’t be choosers, and the Cubs are the only team where this deal works.

Continue reading HERE.

Government’s Gasoline Bailout? [pic]

SHOE

Do Not Buy GM Cars

It just gets more unbelievable everyday. GM takes taxpayer money to avoid bankruptcy, begins shutting US plants and now plans to build a new plant in China. If you plan to buy a new car, do not buy General Motors. Give Ford or Chrysler a shot.

Bloomberg reports -

General Motors Corp., shuttering U.S. plants in a bid to avoid bankruptcy, is “likely” to build a new factory in China on surging demand.

Continue reading HERE.

History Is Repeating!

This editorial cartoon is from the Chicago Tribune in 1934. It could have been drawn today. Click HERE to super-size the cartoon.

Government To Fix Auto Industry – Right!

The Truth About Obama’s Plan

WorldNetDaily reports -

After yesterday’s events, there can be only one conclusion about the goal of Barack Obama’s administration – to destroy the U.S. economy, to transform it from one based on free enterprise to one directed by government.

You SHOULD read the entire WND post HERE.

Which Politicians Are Still Taking Political Donations From The TARP Bailout Companies

Interesting list from MSNBC. Go there.

Another Reason To Hate Wallstreet

Forbes reports that the oil price run up of 2008 may have been orchestrated by Goldman Sachs.

There is evidence of a malevolent hand at work: oil price manipulation by traders orchestrating a short squeeze to push up the price of West Texas Intermediate crude to the point that it would generate fatal losses in Semgroup’s accounts.

And yes, Goldman Sachs is getting bailed out.

Read the Forbes report.

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