In May of last year, after Senior Counsel Hans Bader reports: initiated an ad campaign claiming they had fully repaid American taxpayers, the (CEI) filed a Freedom of Information Act (FOIA) request with Treasury for documents relating to the campaign. CEI
Even the Obama administration is now admitting that taxpayers will lose at least $14 billion on the auto bailout. And that was before GM stock dropped almost 10% over the last two days.
Donald Hank Comments: No sooner had I finished writing you about how the new paradigm is not about a free market but a market dominated by an unsavory hybrid of government and business (corporatism, or if you will, fascism) than Steph Jasky sent this out, illustrating how this corporatism works and how it rips you off and makes a mockery out of all economic common sense.
A friend just wrote and asked if there are any candidates out there who look like they have integrity or are we simply doomed?
I wrote back and said we are doomed but not to worry, Blockbuster and McDonald will still be around. He then reminded me that Blockbuster is already bankrupt.
I have at least one reader who insists that commentators like me who bring bad news must also supply a suggested remedy.
I asked him if he thought that lab personnel who help diagnose diseases are also responsible for curing the diseases they find.
The only ray of sunshine here is that the truth itself is a liberator. Sooner or later, when the general public is aware enough and sick enough of being conned, they will get off their duffs and do the right thing. (I hope).
Ye shall know the truth and the truth shall make ye free.