Last week, Bill O’Reilly was smearing conservative talk-radio show host Rush Limbaugh and others calling them “cool aid drinking idiots” for arguing against the Wall Street bailout bill. He insinuated that Rush was so rich he was out of touch with common folks. He mentioned the cigar smoking and private jet that Rush [...]
I have read the posts here and elsewhere. Sometimes these things are made to look more complicated than they really are. From an economic perspective, if the problem is liquidity and credit, there simply is no need for the federal government to assume massive amounts of debt on its book by assuming loans in anticipation [...]
The vote against the measure was 228 to 205 [Michelle Malkin has the roll call], with 133 Republicans joining 95 Democrats in opposition. The bill was backed by 140 Democrats and 65 Republicans.
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Opponents said the bill was cobbled together in too much haste and might amount to throwing good money from taxpayers after bad investments [...]
Steven Holmes, writing in the New York Times, on September 30, 1999
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue [...]
On Bill O’Reilly’s radio show today he smeared Right Wing Radio Conservatives, calling them, in one example, ‘kool aid drinking idiots’. Mark took him to task and called him out on the air.
Spewing nonsense like that, O’Reilly will soon find himself looking out for another gig! What a dope! Sheesh!
Update: Perhaps Bill [...]
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