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TRILLIONS

The Wire

Answer Desk: Big bonuses for everyone?

With the government's latest handout to investors looking to profit on the bank bailout, more than one reader is wondering: Why doesn't the government just give the money directly to taxpayers?

What's in a Trillion?

A person given $1 million a year to spend would need 3 million years to blow $3 trillion. The United States, a government of sizable financial appetite, can do it in one.

The Vine
The Five Obama Fails
Source: American Thinker

The Obama Administration burst onto the presidency with a historic wealth of good will, hope and change. It is now marked by one failure after another. Unfortunately, these failures are not without costs.

Women: Saviors of the world economy?
Source: CNN

The largest growing economic force in the world isn't the China or India -- it's women.

What's Another Trillion? | Track-A-'Crat: The Roll Call of Democratic Delinquency
Source: trackacrat.com

Economic illiteracy is the defining trait of Left-wingers, both as voters and representatives. Having denounced the philosophies of Adam Smith et al to be devastatingly "unfair" – which carries with it the implication of racism, just for good measure -, Barry and his croni …

As unemployment and poverty rise Obama turns to the financial elite for campaign cash
Source: uruknet.info

This article provides a transparent picture of how Wall Street and politicians honeymoon while WE THE PEOPLE foot the bill and have gotten nothing for our investment in them from the newly printed trillions that sooner or later will hyper-inflat the economy in my opinion.

America's Teacher:A conversation with Michael Moore about "Capitalism:A Love Story
Source: The Nation

Naomi Kein: Well, I want to push you a little bit on this, because I understand what you're saying about the way he's (Obama) lived his life and certainly the character he appears to have.

Man sues Bank of America for 1,784 billion, trillion dollars | Reuters
Source: Reuters

Dalton Chiscolm is unhappy about Bank of America's customer service -- really, really unhappy

Big banks still hold FDIC captive.
Source: Reuters

Big banks still hold FDIC captive. With Colonial and Guarantee bank, going down in the last eight days, the FDIC, has exausted it's reserve. It is effectively broke. Read on.

Federal Reserve chairman Ben Bernanke: "I Don't Know" Which Foreign Banks Were Given Half a Trillion
Source: Alex Jones' Prison Planet.com

Asked which European financial institutions received the money, which was handed out by The Federal Open Market Committee (FOMC), a component of the Federal Reserve System, Bernanke responded, "I don't know."

IG: Trillions at risk in potential losses under bailouts
Source: Federaltimes.com

Dozens of federal bailout programs have exposed the federal government to trillions of dollars in potential losses, and inspectors general don't have enough information to track the spending, according to Neil Barofsky, the special inspector general in charge of the Troubled As …

Ron Paul: Establishment Can No Longer Ignore Calls To Audit The Fed:Congressman says Washington elite are watching grassroots efforts very closely
Source: Alex Jones' Prison Planet

Texas Congressman Ron Paul has recorded a video update on the ongoing effort to audit the Federal Reserve, assuring supporters that the establishment in Washington is paying very close attention.

House Democrats muzzle GOP on sensitive issues
Source: breitbart.com

In their zeal to protect their members from politically hazardous votes on issues such as gay marriage and gun control, Democrats running the House of Representatives are taking extraordinary steps to muzzle Republicans in this summer's debates on spending bills.

How's the Stimulus Working For You So Far? :: Neal Boortz
Source: RealClearPolitics

Well now. Our economy is really lunging forward, isn't it? What a ride! Are you holding on?

Don Rickles Roasts Congress... and Barack Obama
Source: directorblue.blogspot.com

Don Rickles is the best! This is the funniest article I've ever read and I'm still laughing, but then I'm a conservative! If the liberal radicals don't laugh it's because they haven't mastered the art of allowing a free nation to be free to laugh at themselves.

Alains Newsletter: Foreign Aid Bill Pushes Abortion & Gay Agenda Overseas
Source: Alains Newsletter

This article is important to every American who isn't aware that Obama proposed "The Global Poverty Act" while a U.S. Senator in December 2007 with the approval of V.P.

TheHill.com - CBO: Healthcare bill exceeds $1 trillion
Source: thehill.com

CBO: Healthcare bill exceeds $1 trillion By Alexander Bolton Posted: 06/15/09 08:19 PM [ET]

Obama puts up more health care funding
Source: The Washington Times

President Obama said Saturday that he's closing in on the down payment for health care reform.

Is Anyone Minding the Store at the Federal Reserve?
Source: YouTube

Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations.

Tick Tock Debt Time Bomb Clock

In case anyone is interested, the national debt is going up $5000 per second. I saw that on a web site the other day, and now they just showed it digitally on a wall behind wherever Greta VanSusteren was just standing.

1.6 to 2.2 trillion dollar tax increases in Obama budget.
Source: Breitbart

Watch your wallets. 1.6 to 2.2 trillion dollar tax increases are in Obama's new budget. Carbon tax increases could be up to $600 plus billion.

Bail Outs or Blind Faith?

Is the American public really expected to give more than 800 trillion dollars to help companies whose CEO's are making millions a year? To bank presidents that are renovating their offices with $40,000 antique toilets? To people who have run their businesses into the ground wit …

Obama's Bailout Plan Currently Lacks Transparency and the Ability To Discover: What Are They Doing With Our Money?
Source: The New York Times

Despite running hundreds of pages in length, the government's current contracts with TARP recipients contain only two vaguely worded sentences describing what the banks pledge to do for the public in return for tax dollars: They must try to "expand the flow of credit to U.S.

Understanding the Depth of the Problem and why Financial Bailouts won't Work
Source: Guardian Unlimited

This article and its graphics explain the global financial pyramid scheme, why there is no plausible financial bailout solution, and that we are in a financial crisis to the tune of $290 trillion.

Bailouts, Relativity and Dead Parrots
Source: American Thinker

"I'm still trying to grasp the concept of a trillion dollar bailout. Einstein thought about riding a beam of light. I think he had the easier time."

The Fed embraces inflation
Source: MSN

In a speech last week, Dallas Federal Reserve Bank head Richard Fisher covered a lot of ground, innocently noting many problems (the worst of which the Fed has created).

Bush Administration Wastes Trillions in Worthless Weapons
Source: AlterNet.org

This is not about the waste of taxpayer dollars -- already pushing a trillion -- in funding the Iraq war, which, while reprehensible enough, pales in comparison to the big-ticket military systems purchased in the wake of 9/11.

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