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• Bernanke, Paulson: Congress must act now
It is financial socialism and it’s un-American.” Both parties’ presidential candidates also insisted on alterations in the administration’s drastic prescription. Democrat Barack Obama said any plan to rescue Wall Street from its financial woes ...
• Bailout plan sparks wide debate in Congress
Jim Bunning, R-Ky., said the bailout plan is “financial socialism and it's un-American.” Paulson and Bernanke stressed to the committee that, given the scope of the threat to the financial system and the potential harm to the economy if it’s ...
• New Yorker: An election bailout
John Kenneth Galbraith’s comment that in America the only respectable type of socialism is socialism for the rich has never seemed more apt. The Treasury Secretary, Henry Paulson, and the Fed chairman, Ben Bernanke, had good reasons for ...
• He writes
Socialism is the answer. A Community Organizer should be in charge of everything!! What could possibily go wrong that idea? I Organize Play Dates for Kids _____ While Obama was a community organizer ...
• First Read: The end of the Palin bounce?
As Margaret Thatcher said, "The problem with socialism is that at some point you run out of other people's money". Wake up, Obamatots. It can't work. Put higher tax on the small businesses who produce the most jobs. They either have to raise prices ...