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Posts Tagged ‘economic crash’

Wall Street Journal Opinion: The Age of Prosperity Is Over

Posted by smeddum on October 27, 2008

OPINION OCTOBER 27, 2008
The Age of Prosperity Is Over
This administration and Congress will be remembered like Herbert Hoover.

By ARTHUR B. LAFFER Wall Street Journal

About a year ago Stephen Moore, Peter Tanous and I set about writing a book about our vision for the future entitled “The End of Prosperity.” Little did we know then how appropriate its release would be earlier this month. Read the rest of this entry »

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Breakdown of bailout vote

Posted by smeddum on September 29, 2008

Roll Call Vote for H.R. 3997, the ‘Bailout’ Bill

Democrats: 140 Ayes, 95 Noes

Republicans: 65 Ayes, 133 Noes, 1 Not Voting

Total: 205 Ayes, 228 Noes, 1 Not Voting

Click here for a detailed roll call, including breakdown by representative.

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Video:No cash for trash

Posted by smeddum on September 26, 2008

More at Godlikeproductions

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Wachovia Slumps After WaMu’s Seizure, Bailout Impasse

Posted by smeddum on September 26, 2008

Wachovia Slumps After WaMu’s Seizure, Bailout Impasse
By Linda Shen and David Mildenberg

Sept. 26 (Bloomberg)

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The pressure on Capitol Hill has all the making of a high drama; it looks to me that it will not be the bailout at issue but the type of bailout and how it should be sold to the public. In other words how to pull off the scam

— Wachovia Corp. and National City Corp. slumped after negotiations on the government’s financial bailout stalled and Washington Mutual Inc. was seized by regulators and sold to JPMorgan Chase & Co. Read the rest of this entry »

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