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As a federal court in detroit decides today whether to allow a vote on a bankruptcy deal that could mean smaller pension cuts, a report that the white house may step in with cash to help the pension crisis has some conservatives up in arms. the detroit free press quoting unnamed sources is reporting that the white house is working with the state s republican governor on a $100 million deal to help with the pension crisis. funds would come from money already allotted to a $7 billion fund created to help municipalities in the aftermath of the 2008 financial crisis. some on the far right naturally are calling it a stealth bailout of the motor city. one gop senator david vitter of louisiana is working on a bill to prevent this kind of aid, and had this to say about the free press report. by no means should the federal government be in the business of ....
Taxpayers rescue of the company cheated shareholders and violated their rights. in a statement today, aig said the board will make a decision in the next several weeks. the white house has declined to comment on the issue saying the lawsuit is still pending. but we do have this. we do have a comment from the person president obama tasked with inventing an entirely new government agency to protect us all from predators and negligent companies in the financial sector, outside who last week became a united states senator, senator elizabeth warren said beginning in 2008, the federal government poured billions into aig to save it from bankruptcy. their debts nearly crashed our entire economy. the taxpayers across the country saved aig from ruin, and it would be outrageous for them to sue the federal government because they think the deal was not good enough. they have a stealth bailout, propping up aig. ....
In a statement today, aig said the board will make a decision in the next several weeks. the white house has declined to comment on the issue saying the lawsuit is still pending. but we do have this. we do have a comment from the person president obama tasked with inventing an entirely new government agency to protect us all from predators and negligent companies in the financial sector, outside who last week became a united states senator, senator elizabeth warren said beginning in 2008, the federal government poured billions into aig to save it from bankruptcy. their debts nearly crashed our entire economy. the taxpayers across the country saved aig from ruin, and it would be outrageous for them to sue the federal government because they think the deal was not good enough. they have a stealth bailout, propping up aig. aig should thank american taxpayers for their help, not biting the hand that helped them ....
In a statement today, aig said the board will make a decision in the next several weeks. the white house has declined to comment on the issue saying the lawsuit is still pending. but we do have this. we do have a comment from the person president obama tasked with inventing an entirely new government agency to protect us all from predators and negligent companies in the financial sector, outside who last week became a united states senator, senator elizabeth warren said beginning in 2008, the federal government poured billions into aig to save it from bankruptcy. their debts nearly crashed our entire economy. the taxpayers across the country saved aig from ruin, and it would be outrageous for them to sue the federal government because they think the deal was not good enough. they have a stealth bailout, propping up aig. aig should thank american taxpayers for their help, not biting the hand that helped them in a crisis. and as satisfying as the comment is for its smack down nature, it ....
Months ago. dream on, steve. not going to happen. the government owns and runs the mortgage business and it s going to stay that way. we had a bailout, a stealth bailout on christmas eve of last year. unlimited funds committed to this fannie and freddie, that s the mortgage market. we ll bail them out forever and tim geithner, treasury secretary, he s going to go on capitol hill today and say, hey, don t rock the boat. the government runs it. let s keep it that way. this is a stealth bailout, keep it in place because the housing market is very fragile. the administration wants to keep the nationalization of housing in place and it will. do you think that it would be the same under the bush administration? probably not. i think fannie and freddie took a lot of blame from the republicans for the whole housing mess in the first place. extending loans to people who could not repay them. sure. it may have been different had we got if we had a republican administration in place b ....