"This was a triumph of hope over observation. We have elected a president who has no real business or investment experience. His only notable for-profit venture was selling his book; as a law professor, community organizer, and legislator, he operated in redistribution worlds where wealth, garnered from contributions or taxes, is received and redistributed"

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Unimpressed and  discouraged. That about sums up my feelings after witnessing the first few days of the Obama presidency. Before I explain why, allow me to first answer a question that has been appearing in my reader emails. The question is…you guessed it, “Don’t you want Obama to succeed?” This question has been used by [...]

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There will be no bailout for the Big Three automakers thanks to the Republicans. IT’S ABOUT TIME! Finally, someone had enough sense to say NO! Since the $750 billion dollar bailout (which has in my opinion failed) companies across America want a handout as well. It’s okay to let a company fail. That’s what leads to [...]

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The Senate passed the Bailout Bill Wednesday with “sweeteners” in order to appease both parties. The said sweeteners are as follows: FDIC - Increase, from $100,000 to $250,000, the limit on federal bank deposit insurance. The limit would revert to $100,000 at the end of 2009 unless extended by Congress. ENERGY – Legislation providing business tax breaks [...]

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Mortgage Crisis Solution: Motivate Homeowners Like Sales Reps Posted By, Allyn Paul I’ve been convinced that with the current state of the economy, the government needs to act as a charity and give out $700 billion. I just don’t think investment bankers should be the recipients. The charity should go to homeowners, and they should have [...]

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After Pelosi’s speech I decided to post this You Tube video showing Democrats attacking Republicans who called for regulation of Fannie and Freddie back in 2004. The Democrats in this video, one of which is Barney Frank, claim that Fannie and Freddie are sound! This is why we are in this economic mess today. MonkeyCrash is [...]

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Text of a speech given by Speaker Nancy Pelosi moments before the Bailout Bill was voted down. Madam speaker, when was the last time anyone ever asked you for $700 billion? It’s a staggering figure. And many questions have arisen from that request. And we have been hearing, I think, a very informed debate on all [...]

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The more I see of Bill O’Reilly the more I like. This is a great interview/debate about who caused the economic crisis and why the bailout bill failed. After watching this video I thanked God that Kerry didn’t win in 2004. This is a must see!

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The Democrats are blaming the Republicans for the failure of the bailout bill, but perhaps they could have done a better job of selling the bill to their own party. Over 90 democrats voted against the bill. Here is the voting record: DEMOCRATS YEA Ala. – Cramer, Davis Ariz. – Berry, Ross, Snyder Calif. – Berman, Capps, Cardoza, Costa, Davis, Eshoo, [...]

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