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Archive for December, 2008

Now Santa Wants A Bailout

by Doug Mataconis @ Saturday, December 20th, 2008. Filed under Auto Industry, Business, Economics, Humor, Politics

H/T: Club For Growth

Best Shoe Advertisement Ever

by Doug Mataconis @ Friday, December 19th, 2008. Filed under Humor

H/T: American Princess

How Libertarian Are You ?

by Doug Mataconis @ Friday, December 19th, 2008. Filed under Individual Liberty, Libertarians, Politics

Take the quiz and find out.
My score ? 115:
91-130 points: You have entered the heady realm of hard-core libertarianism. Now doesn’t that make you feel worse that you didn’t get a perfect score?

That’s $ 4.5 Billion Dollars Per Day

by Doug Mataconis @ Friday, December 19th, 2008. Filed under Auto Industry, Business, Credit Crisis, Economics, Politics

CNN notes that the Treasury Department has spent the first $ 350 billion in TARP funds in just 77 days:
NEW YORK (CNNMoney.com) — President Bush has grudgingly allowed General Motors and Chrysler to drive away with the last few billion bucks in Treasury’s TARP till, which boasted $350 billion a mere 77 days ago.
How did [...]

We’re Supposed To Save These People ?

by Doug Mataconis @ Friday, December 19th, 2008. Filed under Auto Industry, Business, Dumbasses, Economics

A local Michigan television station finds Ford workers taking 3-4 hour liquid lunches.

Ten Years Ago Today

by Doug Mataconis @ Friday, December 19th, 2008. Filed under History

Bill Clinton became only the second President in American history to be impeached.

Inauguration Madness Update: When You Gotta Go, You Gotta Go

by Doug Mataconis @ Friday, December 19th, 2008. Filed under Inauguration Day 2009, Washington DC

Perhaps the most important piece of Inauguration-related planning is now in place:
Here’s the number everyone has been waiting for: There will be 5,000 porta-potties available on the Mall and along the parade route on Inauguration Day.
If officials ordered the portable restrooms based on how many people they expect that day, then figure on crowds of [...]

Blagojevich The Defiant

by Doug Mataconis @ Friday, December 19th, 2008. Filed under In The News, Politics, Rod Blagojevich

Illinois Governor Rod Blagojevich faced the press today and vowed to remain in office and fight the charges against him:
CHICAGO — A defiant Gov. Rod Blagojevich vowed in a Dec. 19 news conference to fight until his last breath to save his job and his reputation.
In his first public comments since his arrest on felony [...]

Henry Paulson: Give Me More Money, Just Don’t Ask Where It’s Going

by Doug Mataconis @ Friday, December 19th, 2008. Filed under Auto Industry, Business, Credit Crisis, Economics, Politics, Sub-Prime Mortgage Crisis

Less than three months after the financial services bailout was passed, Treasury Secretary Henry Paulson says he needs the second half of the allocated money:
Treasury Secretary Henry M. Paulson Jr. said today Congress must release the second half of the $700 billion rescue package to shore up the financial markets, noting that nearly all of [...]

Condemning Those Who Forget History

by Doug Mataconis @ Friday, December 19th, 2008. Filed under Auto Industry, Business, Credit Crisis, Economics, Japan, Politics, Sub-Prime Mortgage Crisis

Financial analysts are starting to notice a disturbing correlation between the present economic crisis and the roots of the stagnation that gripped Japan for the better part of a decade starting in the 1990s.
In today’s New York Times, for example, Martin Flacker notes a surprising similarity between what the Federal Reserve has been doing [...]

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