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Cash for Clunkers-Designed By Math Class Flunkers
Wed Aug 26, 2009 5:32 AM EDT
The $1 billion Cash for Clunkers program was designed to offer people $3,500 – $4,500 for their old crummy cars when they traded them in on new, spiffier and allegedly more fuel efficient models… you know, the kind often manufactured overseas.
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$23.7 T R I L L I O N
Wed Aug 26, 2009 5:25 AM EDT
Neil Barofsky is the special inspector general for the Treasury's Troubled Asset Relief Program.
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It Wasn't the Sub-Primers After All… Who Would Have Thunk It?
Sun Jul 5, 2009 5:32 PM EDT
Have you ever waited for a day to come? A special day. A day when all would begin to look right in the world once again. My first such day was April 10, 2000… the day the dot-com bubble went pop.
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Happy 4th of July, Everyone....
Fri Jul 3, 2009 7:22 AM EDT
Have a safe weekend....Can you believe that it's the 4th already??? WOW
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The People of the United States v. The Bankers of Wall Street
Sun Jun 28, 2009 5:09 PM EDT
When I was a young boy, they used to say: "What's good for General Motors is good for this country." Back then my uncle was a Ford man, my father a GM man, and all I knew for certain was that like two parallel lines, the two would never intersect.
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Bringing Up The REAR: Ben Bernanke
Sat Jun 27, 2009 10:38 PM EDT
Is the Federal Reserve Chairman lacking in intellect or integrity? I'm starting to get dizzy. One day we're heading into a tailspin, next we've bounced off the bottom and are headed back to prosperity.
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The Death of Creative Financing: H.R. 1728
Sat Jun 27, 2009 10:06 PM EDT
H.R. 1728 passed the House by an overwhelming majority in a record three days time. Now it's in the Senate and is widely expected to pass quickly as well. Why the rush? Is AIG planning to hand out zillions in bonuses again?
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Watch This! And Then Tell Me Why We Can't Hit Our Politicians With Sticks.
Sun Jun 21, 2009 4:05 PM EDT
You know, you reach a point where it's just not fun anymore. Watch this video of Rep. Alan Grayson calmly asking questions of the Inspector General of the Federal Reserve Bank. Watch the whole thing. Breathe. Stretch. Try not to harm yourself.
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Does Anyone Know Anything About Mona Vie?
Sun Jun 21, 2009 1:00 AM EDT
Okay, so I have a friend who's captivated by the hottest multi-level marketing company since Amway... Mona Vie.
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If you want recovery, you need to know Simon Johnson...
Sun Jun 14, 2009 10:51 PM EDT
I know a lot of people voted for Barack Obama and have no intention of turning against him, especially so early in the game. But things are going very badly. And it's not him that's the problem. It's the banks.
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