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Government Bailout

Goldman and Homelessness

David Jones | Posted 10.21.2009 | Local

Read More: Homeless Shelters, Goldman Sachs, Unemployed, Housing Foreclosures, New Yorkers, Wall Street, Barack Obama Bailout Plan, Government Bailout, Obama Wall Street Bonuses, Local News
David Jones

Two recent news stories keep coming together in my mind: The incredible Goldman Sachs bonuses amounting to more than $16 billion, and the recent report by the Coalition for the Homeless, of the record 40,000 homeless people sleeping in NYC shelters.

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Car Dealers: Great Entrepreneurs and Cash for Clunkers

Grant Cardone | Posted 09.19.2009 | Business

Read More: Cash for Clunkers, Barack-Obama-and-Auto-Industry, Auto Inddsutry, Government Bailout, Auto Dealer, Stimulus, Grant Cardone, Selling, Business News
Grant Cardone

I don't believe any set of entrepreneurs could have gotten more out of a government program than car dealers did with Cash for Clunkers, and they should be applauded for making the most of it.

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Auto Giants Reposition Globally

Diane Francis | Posted 08.24.2009 | Business

Read More: Renault, Chrysler Bankruptcy, Germany, Government Bailout, Chrysler, Sergio Marchionne Fiat, Daimler Benz, Porsche, Auto Sector, Toyota, Honda, Ford Motor Co, Nissan Renault, Frank Stronach, Opel, General Motors, Kia, Fiat, Auto, Detroit Bailout, Magna International, Detroit, Hyundai, Volkswager, Business News
Diane Francis

Cars are not longer just big business; companies have to build vehicles, but also be able to create multilateral partnerships which include workers, politicians, civil servants and investors.

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The Only Thing We Have to Fear Is Fear ... of Government

Les Leopold | Posted 08.07.2009 | Business

Read More: Tarp, Economic Stimulus Package, Unemployment, Government Bailout, Wall Street, Income Inequality, Economy, Financial Crisis, Jobs, Joe Biden, Bank Bailout, Barack Obama, Business News
Les Leopold

If we all weren't so afraid of big, bad government, we'd realize the obvious: expanding the public sector is the most efficient way both to create jobs and stimulate the economy.

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Scheming Businessman Holds Conference On Profiting Off "Bailout Bonanza"

Center For Public Integrity | Posted 07.04.2009 | Politics

Read More: Fred Steinberd, B2G Institute, Government Contracting, Government Bailout, Bailout, Government Contracts, Politics News

Meet Fred Steinberg. He "will personally outline what you must know for your company to prosper under the 'new capitalism' emerging from Washington," ...

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Marcus Baram

Government Sachs: Goldman's Close Ties To Washington Arouse Envy, Raise Questions

HuffingtonPost.com | Marcus Baram | Posted 07.03.2009 | Business

Read More: Slideshow, Goldman Sachs, Government and Goldman Sachs, Government Bailout, Goldman Sachs Revolving Door, Goldman Sachs and Government, Government Sachs, Business News

No wonder it's called "Government Sachs." It seems that every few weeks, another Goldman Sachs executive goes to work for a government agency, with b...

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Banks, the Oil Market, and the Next Financial Meltdown

Raymond J. Learsy | Posted 06.01.2009 | Business

Read More: Tarp, Energy, Government Bailout, Morgan Stanley, Banks, Oil, Cds, Financial Crisis, Wsj, Citigroup, Business News
Raymond J. Learsy

Leaving oil trading to the banks portends another financial disaster by tying their viability to the highly volatile world of commodity trading. It's time that the bankers got back to banking the old fashioned way.

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A Simple Solution: A National Debt Moratorium

Alex Abella | Posted 05.20.2009 | Business

Read More: Tarp, Mortgage Crisis, Financial Crisis, Government Bailout, National Debt, Debt, Business News
Alex Abella

I propose a national debt moratorium to freeze all payments of debt to financial institutions for a certain period, to allow debt holders to be able to raise a cushion of cash and prepare for future economic turmoil.

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Time for a Tea Party with the Right: Why Progressives Need a Transpartisan Strategy

Bill Shireman | Posted 05.20.2009 | Politics

Read More: Taxes, Tax Day Tea Party, Hate, Government Bailout, Conservatives, Liberalism, Protest, Government Spending, Fox News, Hate Speech, Conservatism, Paul Krugman, Right Wing, Tea Party, Barack Obama, Politics News
Bill Shireman

Let's sit down with the right for tea. Let them vent their anger and hate - and we can vent ours. Let's listen to the fear that lies beneath the hate, to the reasons they're afraid.

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Capitalism - the Gift That Keeps on Taking: Part II

Michael Gene Sullivan | Posted 05.16.2009 | Politics

Read More: Politics, Wall Street Bailout, Government Bailout, Bailout, Crime, Corporations, Corporate America, Economy, George W. Bush, Obama Administration, Socialism, Corporate Power, Business, Capitalism, Corporate Greed, Politics News
Michael Gene Sullivan

History shows that capitalists, like wars, earthquakes, and floods, will always wreck our country -- the only difference being natural disasters don't also rob us in the process.

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Capitalism - The Gift That Keeps On Taking - Part III

Michael Gene Sullivan | Posted 05.16.2009 | Politics

Read More: Politics, Wall Street Bailout, Government Bailout, Bailout, Crime, Corporations, Corporate America, Economy, George W. Bush, Obama Administration, Socialism, Corporate Power, Business, Capitalism, Corporate Greed, Politics News
Michael Gene Sullivan

Capitalism is self-sustaining like a cancer - it sustains itself as it kills it's host.

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News Flash: Greed and Stupidity Can Coexist!

Monica Youn | Posted 05.08.2009 | Politics

Read More: Deregulation, David Brooks, New York Times, Government Bailout, Wall Street, Economic Crisis, Politics News
Monica Youn

If government officials are in the pocket of Wall Street, how can we expect them to identify and defuse problems before they turn into catastrophes?

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Language, Greenberg, and the International Financial Collapse

Alex Keyssar | Posted 05.08.2009 | Politics

Read More: Maurice Greenberg, International Finance, Government Bailout, Politics News
Alex Keyssar

Whenever our financial experts and political leaders (from Paulson to Geithner to Barney Frank to President Obama himself) talk about this issue, they stop using evidence and arguments and resort to metaphors instead.

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Doesn't Anybody Have Any Doubts About How We're Doing This?

Michael Wolff | Posted 04.26.2009 | Business

Read More: Gordon Brown, Mervyn King, Keynesian Economics, Britain, Government Bailout, Economic Stimulus Package, Spending, Business News
Michael Wolff

Who is going to play Mervyn King in America -- who'll play the prudent voice of reason? Not the obstructionist Republicans who long ago got disqualified from reasonableness.

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Capitalism - the Gift That Keeps on Taking: Part I

Michael Gene Sullivan | Posted 04.17.2009 | Politics

Read More: Politics, Wall Street Bailout, Government Bailout, Bailout, Corporations, Corporate America, Crime, Economy, George W. Bush, Obama Administration, Corporate Power, Socialism, Corporate Greed, Business, Capitalism, Politics News
Michael Gene Sullivan

Most Americans are not capitalists. They might want to be capitalists, but no matter how much you, or that hardworking barista, that well paid techno-nerd, small farmer, or gangsta rapping bank teller may want to be capitalists, you are not capitalists. You are workers.

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Serious Shortcomings in Obama's Oversight of Stimulus Spending

Max Stier | Posted 03.29.2009 | Politics

Read More: Government, Economic Stimulus Package, Government Bailout, Federal Government, Steven Chu, Economic Crisis, President Obama, Department of Energy, Ig, Politics News
Max Stier

The economic stimulus package has raised serious questions about the ability of our federal government to fulfill its basic duties, and will require more than just close scrutiny.

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It's Time for a Federal Fund of VC Funds

Kay Koplovitz | Posted 03.27.2009 | Business

Read More: Thomas Friedman, Recovery, Obamas-Plan-for-the-Economy, Government Bailout, Economic Stimulus Package, Bailout, Stimulus Package, Alan Patricof, VC Funds, Venture Capital, Business News
Kay Koplovitz

A smaller, more prudent capital access program is required for these smaller venture capital funds to continue to source and identify companies at the early stage.

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Bailout Banks Survival Guide: Rating The Top 12 Banks

MoneyMorning.com | Martin Hutchinson | Posted 03.23.2009 | Business

Read More: Wall Street Bailout, Government Bailout, Bailout, Bank of America, Banks, Banking Crisis, Bailout Plan, Bank Bailout, Business News

We listed the 12 largest U.S. banks by assets, as of Dec. 31, ignoring foreign-owned banks, Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) (tho...

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Banking System to Rely on Nation's Birthday Checks

John Marshall | Posted 03.12.2009 | Comedy

Read More: Banking, Banking Crisis, Banks, Government Bailout, Bailout, Banking Industry, Bailout Bandits, Recession, Comedy News
John Marshall

Grandmas are best known as the world's leading purchasers of hard candies. But financial experts know that grandmas are also the world's leading distributor of $25 birthday funds.

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Pay Caps Relevant Beyond Wall Street

Jim Jaffe | Posted 03.08.2009 | Business

Read More: CEO Pay, Wall Street Bailout, Executive Pay, Government Bailout, Wall Street Crisis, College, Hospitals, Obama, College Tuition, Health Insurance, Business News
Jim Jaffe

A political question of the moment is whether taxpayers concerned about subsidizing bloated salaries on Wall Street will feel an equal discomfort about playing a similar role in medicine and higher education.

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As Main Street Rejoices, Wall Street is a Basket Case

Zachary Karabell | Posted 02.20.2009 | Business

Read More: Government Bailout, Wall Street Crisis, Bailout, Wall Street, Stock Market, Obama Inauguration, Economic Crisis, Banks, Economy, Business News
Zachary Karabell

Wall Street was in free-fall yesterday with the worst day for bank stocks ever. Some major banks, Citigroup, Bank of America and State Street especially, lost between 25% and 60% of their market value.

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Should Americans Start Saving, or Stop?

Scott Malcomson | Posted 02.11.2009 | Business

Read More: Debt, Wall Street Crisis, Government Bailout, Bailout, Saving for Retirement, Financial Crisis, Free Market, Saving Money, Consumer Spending, China, Business News
Scott Malcomson

The deeper problem is not consumers' dependence on credit but the American economy's dependence on consumer over-confidence.

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Bailout Salaries And Administration Costs To Reach $6.5 Million Through January

AP | MARTIN CRUTSINGER | Posted 02.06.2009 | Business

Read More: Bailout Costs, Government Bailout, Business News

WASHINGTON — The government estimated Tuesday that it will spend $6.5 million by the end of January in salaries and other administrative costs f...

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2008's Most Laughable Political Antics

Daniel Kurtzman | Posted 01.27.2009 | Politics

Read More: Election 2008 Coverage, Obama Gaffes, Mccain Gaffes, Humor, Mccain, Late Night Jokes, Obama, 2008 Election, Palin, Conan O'Brien, Politics, Barack Obama, Jay Leno, Political Humor, Sarah Palin, Jimmy Kimmel, Palin Gaffes, John McCain, Year in Review, Bill Maher, David Letterman, Government Bailout, Political Comedy, Bailout, Comedy, George Bush, George W. Bush, Eliot Spitzer, 2008, Viral Video, Tina Fey Sarah Palin, Katie Couric, John Edwards, Biden Gaffes, Bill Clinton, Bush, Sarah Palin Katie Couric, Jesse Jackson, Jeremiah Wright, Joe Biden, Bush Shoe Throw, Rod Blagojevich, Joe the Plumber, Hillary Clinton, Sarah Palin Turkey Pardon, Saturday Night Live, Tina Fey, Best of 2008, Politics News, Political Antics, Political Satire, Video, Most Laughable Political Antics, 2008 New Year, 2008 Political Scandals, Political Scandals, Lists, Oregon, Politics News
Daniel Kurtzman

In a story about potential vice presidential picks, the AP referred to Joe Lieberman as "the Democratic vice presidential prick in 2000."

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You Morons, What Have You Done With Our Money?

Gail Vida Hamburg | Posted 01.22.2009 | Business

Read More: Henry Paulson, Elizabeth Warren, Government Bailout, Bailout, Barney Frank, Economic Crisis, Associated Press, Taxpayers Dollars, $700 Billion Bailout, Cpa, Henry Paulson Plan, Neel Kashkari, Bailout Money, Bank Bailouts, Rita Beamish, Congressional Bailout, Frank Bass, Brad Sherman, Rajiv Chandrasekaran, Corporate Bailout, Bailout Oversight Panel, Executive Bailout, Corporate Bonuses, Business News
Gail Vida Hamburg

Was it too much to ask Congress to examine this government intervention in the free market critically before authorizing the transfer of US taxpayer dollars to benefit the banking sector?

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