And the worldwide trend towards corporate welfare continues in the Netherlands…

The European Commission said Friday it had approved a Dutch financial bailout plan intended to restore and facilitate the financing of Dutch financial institutions.

The Commission found the Dutch plan to be in line with European Union (EU) [...]

If there were ever a reason to be against something these days, it would be if the Bush administration supported it. This lying, arrogant, useless president (yes, lower-case p), is still touting the wonderful bailout plan as being “good for the country”. I don’t know exactly where he lost my last [...]

I would say that the rest of the world is laughing at us since this article comes from the UK, but since every other country is pulling similar stunts, I think it’s just the ultra-rich that are laughing at the average taxpayers. Goldman Sachs is apparently paying out more in bonuses [...]

It’s the same story around the world. Only the already-rich are truly benefiting from these government bailouts. Check out the latest news from Russia’s $200 billion bailout:

MOSCOW: Companies belonging to two of Russia’s richest men are among the first to be awarded loans from a $50 billion government bailout [...]

bailoutsleuth.com is posting a series of “where is our money going” articles that describe the dirty details of the taxpayer-funded $700 billion bailout (really, $850 billion). Here’s part one:

Members of Congress are starting to question whether banks that got billions in government bailout money will use some of [...]

Discussing the future of the two-party system and what his fans are up to now:

How much I wish this guy could be our president for even just a few days…

see more pwn and owned pictures

This time from Chrysler and GM (again).

NEW YORK/DETROIT, Oct 27 (Reuters) – General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) and Cerberus Capital Management have asked the U.S. government for around $10 billion in an unprecedented rescue package to support a merger between GM and Chrysler LLC, two [...]

Chuck Baldwin is running for the presidency of the US. He seems to understand our economic situation better than the rest of the candidates, so I endorse this guy:

I’m not going to embed the Youtube feed because it’s audio-only, but here’s a direct link:

Part 1 (9:20)
Part 2 (8:36)