Showing posts with label bankrupt. Show all posts
Showing posts with label bankrupt. Show all posts
Saturday, May 3, 2025

Trump's tariffs will bankrupt thousands of American businesses and millions will be unemployed as a result

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 So says Ryan Petersen, founder and CEO of Flexport, in The Wall Street Journal, here : ... If the tariffs on Chinese goods continue at this...
Wednesday, September 11, 2024

Did you notice how not one word was said in last night's Trump-Harris debate about Kamala Harris' price controls proposal to combat inflation?

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ABC's debate moderators made sure NOT to go there, no sir. And they completely avoided making Harris defend her inflation record as Bide...
Monday, September 9, 2024

Stephen L. Miller doesn't have the faintest idea about how Republicanism lost its way

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  Guy who says Mitt Romney was decent man says get fucked you fuckers Decent man says Paris Olympics opening ceremony mocking Christianity w...
Tuesday, May 7, 2024

Scouting America for new victims

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  Boy Scouts victims begin receiving settlement payouts as appeals continue Reuters, September 19, 2023 The Boy Scouts of America’s $2.46 bi...
Friday, April 26, 2024

Ford lost $132k on each EV: Joe Biden mandating electric vehicles will simply bankrupt the car companies and require huge future bailouts

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  Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for e...
Tuesday, November 7, 2023

WeWork, which once pretended to be worth $47 billion, files for bankruptcy protection

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  From the story here : WeWork has struggled in a commercial real estate market that has been rocked by the rising cost of borrowing money ,...
Saturday, September 23, 2023

Bankruptcy estate of FTX sues Barbara Fried, Stanford Law ethics expert, for encouraging son to skirt disclosure rules

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  Very amusing. We’re law experts, see. This is how you get around the law. From the story, FTX sues Sam Bankman-Fried’s parents, aims to cl...
Wednesday, May 3, 2023

Besides their bad character, what do Trump and Obama have in common in 2009 and 2020?

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 Trump and Obama signed off on the two most fiscally irresponsible periods in post-war history, and Biden two years in looks set to join the...
Sunday, October 23, 2022

Sunday morning comedy from CNBC

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  There are only 4 U.S. cities where the average American can afford a starter home   Detroit, Tulsa, Memphis, and Oklahoma City   Pack the ...
Friday, September 23, 2022

Adam Tooze: Central bankers' hands were forced in 2010, the poor dears, they aren't the lords of easy money, no, they're its slaves, just like us

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  Here , for The New York Times: If you are worried about wealth inequality in the United States, then the solution is not to tighten mone...
Thursday, April 9, 2020

Has anyone on the right discussed how Trump and his Fed chair are destroying free market capitalism?

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Of course not. When the right does it, it's OK, see. When the left does it, it's socialism or some damn thing. These suck ups say n...
Monday, March 23, 2020

Gramps, born in 1926, says this is worse than 2008

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Dad will be 94 this year if the coronavirus doesn't get him first. He's been through a lot, seen it all. Darmouth graduate. Ser...
Saturday, December 14, 2019

Obamacare bankrupts the state of New York less than 10 years after Democrats shoved it down America's throat

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Tuesday, July 23, 2019

10 years after Santelli's rant against Obama's proposed bailout of your neighbor's mortgage, National Review pretends it was about deficit spending

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You will search in vain in this article for the word " mortgage ". If the Tea Party had been about any one thing, it was about ...
Monday, March 18, 2019

Wow, WaPo's Glenn Kessler almost becomes Rush Limbaugh, doubts Bernie's $1 trillion bailout claim

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If anything, Bernie underestimates the scope of the secret loans during the financial crisis ten years ago. The Freedom of Information Act ...
Wednesday, December 19, 2018

State capitalism means rewarding bankrupt Sears executives with $25 million in bonuses

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Saturday, October 27, 2018

Lesson of the Florida "bomber": They don't "x-ray" the mail at any point in the system to keep bombs out

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Rush Limbaugh confidently misinformed millions of his listeners this week that the USPS scans suspicious packages in order to intercept the...
Thursday, August 16, 2018

Chief economist at Merrill Lynch when it went bankrupt ignores the first 130 years of US history, aptly proffers a figure of mere myth

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Friday, August 3, 2018

The good old days: As late as 1971 16 states and the federal government considered rape a capital offense

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Wednesday, June 27, 2018

That idiot Republican Judd Gregg of New Hampshire thinks Woodrow Wilson changed America for the better

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He's also the idiot who wrote the TARP bailout. And now he's the idiot who blames the Baby Boom for the programs bankrupting A...