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 [...]

City of Lansing Michigan’s Mayor, Virg Bernero, has some muddled thinking on how the auto industry should be dealt with regarding bailout money.  He doesn’t seem to understand that the money comes from the people.

Here is his email address:  mayor@ci.lansing.mi.us

Feel free to correct him

Here is a youtube [...]

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 [...]

Well, at least the three that I wrote to. I think Baron Hill has the most favorable response. At least his letter felt less like a ‘form letter’ than the others. But, it was not recently written, as he is still referring to ‘current gas prices’. I also believe he does [...]

That stupid f***in news media. Had me all pumped up for another session of hand-wringing. They promised me, and all of America, that Black Friday would truly be black, in the vampirish sense of the word. But wait… Americans spent more money this year than last year. What gives? While the [...]

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 [...]

Dennis Kucinch spells out the “bait and switch” that was pulled by Henry Paulson and the corrupt administration:

Kucinch states, “This is a major economic matter that isn’t being appropriately addressed by the Bush administration and by his treasury secretary. Congress was sold a phony bill of goods…  Now you’ve [...]