Here’s a hilarious video from about a year ago that I somehow missed.

Thanks to Globe and Mail for this one.

Ever wonder how large corporations avoid paying income tax?

Most of America’s largest publicly traded corporations — including several that are receiving billions of dollars from U.S. taxpayers to finance their recovery — have set up offshore operations that could help them avoid paying U.S. taxes on their profits, a government [...]

Courtesy of NaturalNews.com. Thanks again to Jim for finding this one for us.

Priceless

One of our readers, Jim, is strongly in favor of the auto industry bailout.  He pointed me to this article at Time Magazine:

On Monday, an auto industry consulting firm, Planning Perspectives Inc., reported that 68% of participants in a survey of executives for industry suppliers said their companies [...]

From the Associated Press:

Stock intended to eventually earn taxpayers a profit as part of the Bush administration’s massive bank bailout has lost a third of its value — about $9 billion — in barely one month, according to an Associated Press analysis. Shares in virtually every bank that [...]

From the guy who brought us Monopoly, Bailout Edition, comes the top “10 Better Ways to Use the Bailout Money”:

Watching the news lately has made me fear for my wallet. It seems that almost every day brings America an exciting new round of recession-edition Monopoly, in which Henry Paulson [...]

At least people are paying attention, I suppose…

NEW YORK – “Bailout” and “change” were crowned on Monday as the words of 2008 after a year in which a huge financial crisis hit the United States and Barack Obama celebrated a historic victory as the first U.S. black president.
 
Merriam-Webster [...]

BusinessWeek is reporting that BayernLB has just received more taxpayer-funded bailout money from the German government:

BayernLB has already earned itself the unenviable accolade of becoming Germany’s first bank to request help from the government bailout funds. On Friday it added a massive bailout package to its trophy shelf: a €30 [...]