I'm Surrounded By Idiots

Archive for the 'bailout-palooza' Category

18 Aug

Cash for clunkers: Nothing like using Chinese money to boost Japanese businesses.

Not that I have anything against the Chinese or Japanese — alright, I might have something against the Chinese government — but it’s absolutely hilarious that the United States government is using Chinese money (from the debt they buy) to boost sales of Japanese businesses (from the Financial Times):
The US’s cash-for-clunkers scheme, designed to bolster [...]

03 Aug

Case in point: Watch a perfectly good car be destroyed.

This Volvo decides to resist (kinda long, you might want to just skip to the end):

Ace of Spades (which also gets a hat-tip for the video) reports that the dealers are pouring sodium silicate into the gas tanks.
Gotta wonder what all that oil is going to do to nearby rivers and steams. Oh well…
Cross-posted at [...]

02 Aug

House of Representatives approves an additional $2,000,000,000 in corporate welfare.

Because the “Car Allowance Rebate System” (CARS) program (commonly referred to as “cash for clunkers”) needs a bailout after receiving higher than expected interest. The Obama Administration and Congress were shocked — shocked, I tell you — that when the government starts handing out $4,500 to anybody, they get a huge response!
It’s bad enough [...]

15 Oct

Government forcibly nationalizes banks.

Can I start making Bush-Hitler/Stalin comparisons now?
UPDATE: The right-wing liberal has more.

10 Oct

Another brilliant [socialist] idea: Let’s nationalize the banks.

But instead of calling it nationalization, it’s being called “ownership”.

09 Oct

National Debt Clock runs out of digits.

$700,000,000,000 here, $300,000,000,000 there, soon we’re talking about real money.
AP via Yahoo! News:

The National Debt Clock is shown near Times Square in New York, Wednesday, Oct. 8, 2008. The clock has run out of digits to record the growing figure. As a temporary fix, the dollar sign has been switched to a figure–the “1″ in [...]

03 Oct

The obvious solution to this problem is a duel.

And I hope Barney Frank wins.
http://www.youtube.com/watch?v=RAuOEdttjZQ
NOTE: I am not advocating violence against any persons. If you take my comments as such, then shame on you. ‘Kay, thanks, bye.

29 Sep

Why can’t Albert Pollard be my representative to Congress?

His thoughts on the bailout deal in his weekly column (DOC file):
While the leaders of this nation negotiated a new bailout deal over the weekend, things seemed pretty normal on the Northern Neck. I got a chance to see some bald eagles that were on “The Cliffs” of Richmond County, geese were moving [...]

26 Sep

$700,000,000,000 here, $700,000,000,000 there; soon we’re talking about real money.

RWL:
Check out what Rick Sincere found over at Forbes (emphasis added):
In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”

25 Sep

More bailout-palazoo: $25,000,000,000 in loans to the auto industry.

Over at Michelle Malkin’s blog:
The bailout binge continues apace. I’ve pointed out to you already that both Barack Obama and John McCain support the $25 billion automakers’ bailout. It’s speeding through Congress as we speak. President Bush will sign it this week after both parties fall in line and pass it (vote is expected in [...]

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