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Treasury Dept. Approved Huge Raises for Bailed out Firms

The Treasury Department approved “excessive” salaries for executives at a number of financial firms last year that received taxpayer funds as part of the 2008 economic bailout of Wall Street.

The news comes in a report authored by the Special Inspector General for the Troubled Asset Relief Program, which said that “Treasury approved all

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Student Loan Bailout Cometh

Student Loans Q3

Here Comes The Student Loan Bailout

2012 is the year the student loan bubble finally popped. While on one hand the relentlessly rising total Federal student debt crossed $956 billion as of September 30, and was growing at a pace that will have put it over $1 trillion by the end of

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Fed Bailouts Lead to Rising Rents

The Consumer Price Index (CPI) attempts to measure the change in price for a basket of American goods and services. I say attempts because measures like the “owner’s equivalent of rent” are simply an estimation as to what a home owner’s place would rent for. In the early 2000s with home prices surging, it missed

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The Fed’s 16 Trillion Dollar Giveaway

cash-thrower-spanky

Baby Bernanke

“The first ever GAO (Government Accountability Office) audit of the US Federal Reserve was recently carried out due to the Ron Paul/Alan Grayson Amendment to the Dodd-Frank bill passed in 2010. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, while leading the charge for an audit in the

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Obama Plan: Give Everybody a Bailout

A 40% loss of post-IPO market-cap, channel-stuffing largesse, contract-law destruction, and all with tax-payer backing.

That is what the Bailout’er-in-chief has in mind for every manufacturing company in the US. As Politico reports this evening, President Obama gave a speech we think rivals his ‘you didn’t build it’ miasma as he alienated

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Eminent Domain: The Coming Bailout

It seems that governmental efforts to save the underwater and ineligible homeowner from his own fate are reaching fever pitch. Not only do we hear today of the up to $300mm in Agriculture Department Rural Housing Service loans that may have financed ineligible projects or borrowers with a high potential inability to repay

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Fed Secretly Gives 1.2 Trillion to Wall Street Elite

Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.

By 2008, the housing market’s collapse forced those companies to take more than six times

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$12 Million to Bailout Domino’s Pizza

You might be able to get your mouth around it, but what about your head?…$12 million to save a pizza company –

While food riots have begun emerging across the globe as a result of surging food prices, the United States Department of Agriculture (USDA) has decided to funnel 12 million dollars into

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Recent Presidential Candidate Dr. Ron Paul Comments on Economic Crisis

Rep. Ron Paul (R-TX) has been an opponent of the government’s financial bailout plan from the outset, and he doesn’t like it any better for the recent tweaks. “I don’t think it’s going to do any good whatsoever,” Dr. Paul said.

“The credit markets are starting to loosen up a bit,” Chetry suggested. “Is that

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