US Action News

Wasn’t Obama recently bragging about his auto bailout? The one where he gave billions to campaign supporting unions. Haven’t we heard that taxpayers will make a profit on TARP? Just more campaign lies I guess.

[A]fter helping force a government bailout at a cost of tens of billions of taxpayer dollars and ending up with ownership of both General Motors and Chrysler, the United Auto Workers (UAW) is creating a stir over the Bank of America’s acceptance of a government bailout.

The Fed operated as a global pawnshop taking in practically anything the banks had for collateral.

The best policy is for the incoming Republican U.S. House to refuse to give the likes of California or New York a penny. A steadfast “No Bailouts” policy makes for better — and, perhaps, profoundly transformational — politics.

The Republican Party did not win on November 2nd, 2010. The Republican Party was the weapon of choice at the ballot box for millions of ordinary Americans to vent their dissatisfaction with leaders who were bankrupting America and passing mountains of debt on to their children and grandchildren.

In what may be one of the best examples we’ve seen thus far that he’s losing his juice, Obama actually got grilled by an MTV crowd. MTV for Pete’s sake! After seeing this clip, here’s a hint of what you’re reaction will be: Adam Hunter for President, 2035.

Wall Street gets what it paid for. There is a reason that Goldman Sachs acts like it owns the Democratic party. It does.

Where’s the Department of Justice on this one? Tax evasion by Rangel and others, millions in self bailouts by Waters, how long do we have to put up with this sea of insanity.

“There will be no more taxpayer-funded bailouts. Period.” – Obama. How long did this Obama promise last? Less than a month.

No more bailouts funded by taxpayers! Obama’s promise didn’t take but a few days to evaporate this time.