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Tag Archives: Bailout

Imagine when they run your healthcare.

[ABC's The Note] ABC News’ Rick Klein reports: The chairman of the Obama administration’s Recovery Board is telling lawmakers that he can’t certify jobs data posted at the Recovery.gov Web site — and doesn’t have access to a “master list” of stimulus recipients that have neglected to report data.
Super bang-up job there! Imagine how efficient [...]

Clunkers: That which is unseen.

Gwen Ottinger of the Chemical Heritage Foundation’s Center for Contemporary History and Policy in Philadelphia — and boy is that a mouthful — appears to be one of those rare environmentally conscience persons who also happen to have common sense. “Keep your clunker,” says Gwen, it’s better for the economy and the environment:
First, even when [...]

Welcome to the party, pal.

Talk about your self-evident headlines, here’s a doozy from the Washington Post:
For U.S. Autoworkers, Future Hinges on Adaptability
For U.S. autoworkers? Try for everyone. so we are supposed to feel bad for them because they might have to retrain for a new job or technology? Sudden the Cogressionally protected union worker has to deal with “change,” [...]

Bizarro World.

Signs of Bizarro World: Using terms like “perverse” and “disingenuous,” Uber-liberal journalist Robert Scheer defends — yes defends — the economic record of Ronald Reagan against accusations from NYT’s uber-liberal Paul Krugman that the former president is most to blame for the credit crisis and mortgage meltdown:
It is disingenuous to ignore the fact that the [...]

If not socialism, what is?

Here’s another Jonah Goldberg. Read the whole thing.
The government effectively owns General Motors and controls Chrysler, and the president is deciding what kind of cars they can make. Uncle Sam owns majority stakes in American International Group, Fannie Mae, Freddie Mac and controls large chunks of the banking industry. Also, President Obama wants government to [...]

The gov’t terrible track record.

The Obama administration is bent on becoming a major player in — if not taking over entirely — America’s health-care, automobile and banking industries. Before that happens, it might be a good idea to look at the government’s track record in running economic enterprises. It is terrible.
That’s from John Steele Gordon. Problem #1? Private companies [...]

Tax by fiat.

It was just a matter of time, and was predicted by many and unsurprising at that: The Obama administration, via the Environmental Protection Agency, has by fiat declared carbon dioxide a pollutant, dictating (through unelected EPA bureaucrats, mind you) that CO2 “threaten[s] the public health and welfare of current and future generations.”
Wow. [...]

HopeNChange Means More Crooks.

Yep, President Obama’s “Car Czar” is involved in a pay-for-play scheme. Oh, but none dare call it a bribe…
[WSJ] Steven Rattner, the leader of the Obama administration’s auto task force, was one of the executives involved with payments under scrutiny in a probe of an alleged kickback scheme at New York state’s pension fund, according [...]

Team Obama’s Ecopocrisy (and folly).

We’ve already seen that the Obama administration plans to offset massive domestic spending in the same way Bill Clinton did — by slashing the defense budget. And that’s already been established as understandable for Clinton, given the end of the Cold War, but irresponsible for Obama, given the multitude of post-Cold War threats that abound.
But [...]

The Blue Dog Lie.

Michael Franc finds that the so-called fiscally moderate “Blue Dog” Democrats aren’t so fiscally conservative:
To determine whether each Blue Dog had voted in a fiscally conservative manner, I looked at whether they voted against Rep. Barney Frank (D., Mass.), the poster child for the views and policy instincts of today’s House Left. Frank missed the [...]