Posted on 9 March 2009 by Nathan P. Origer
In a post for which I could claim authorship, over at The League, E.D. Kain, with bookend quotations from Chesterton, offers much food for thought, continuing on something that he and others at FPR, and I, have been discussing, on distributism, providing able, fair criticisms of both free-marketeers and economic-interventionists, and, wouldn’t you know, prescribing [...]
Filed under: Big business, Blogroll, Conservatism, Distributism | Tagged: E.D. Kain, economic liberty, G.K. Chesterton, Philip Blond, Red Tory | 1 Comment »
Posted on 29 September 2008 by Nathan P. Origer
At least for now.
For the first time in recent memory, I am less ashamed of my remaining a registered Republican. Suggests anything the complete impotence of a two-term president as clearly as his party’s two-to-one rejection of his “necessary” mega-policy? I think not.
Maybe I’m a terrible person for it, but I’m pretty excited to see [...]
Filed under: Big business, Conservatism, Economy | Tagged: Bailouts, free market, George W. Bush, House Republicans, testicular fortitude, Wall Street | 2 Comments »
Posted on 29 September 2008 by Nathan P. Origer
WASHINGTON — The House braced for a difficult vote set for Monday on a $700 billion rescue of the financial industry after a weekend of tense negotiations produced a plan that Congressional leaders portrayed as greatly strengthened by new taxpayer safeguards.
The 110-page bill, intended to ease a growing credit crisis, came after a frenzied week [...]
Filed under: Big business, Bureaucracy, Conservatism, Constitution, Economy, End Times, Get Real | Tagged: Bailouts, Constitutional treason, corporate socialism, George W. Bush, military, monopoly, Selling out America, totalitarianism, troops at home, Wall Street | Leave a Comment »
Posted on 26 September 2008 by Nathan P. Origer
From the New York Times:
But once the doors closed, the smooth-talking House Republican leader, John A. Boehner of Ohio, surprised many in the room by declaring that his caucus could not support the plan to allow the government to buy distressed mortgage assets from ailing financial companies.
Mr. Boehner pressed an alternative that involved a smaller [...]
Filed under: American Politics, Big business, Bureaucracy, Constitution, Economy, Election '08 | Tagged: Bailouts, Barney Frank, Congress, Fannie Mae, free market, George W. Bush, GOP, Jim Bunning, John McCain, Nancy Pelosi, Ron Paul | Leave a Comment »
Posted on 20 September 2008 by Nathan P. Origer
WASHINGTON – Struggling to stave off financial catastrophe, the Bush administration on Friday laid out a radical bailout plan with a jawdropping price tag — a takeover of a half-trillion dollars or more in worthless mortgages and other bad debt held by tottering institutions.
A grim-faced President Bush acknowledged risks to taxpayers in what would be [...]
Filed under: Big business, Bureaucracy, Conservatism, Culture, Economy | Tagged: Bailouts, corporate socialism, Wall Street | 1 Comment »
Posted on 14 September 2008 by Nathan P. Origer
A headline from the New York Times’s Deal Book web-log:
“A.I.G. Seeks $40 Billion in Fed Aid to Survive”
The American International Group is seeking a $40 billion bridge loan from the Federal Reserve, as it faces a potential downgrade from credit ratings agencies that could spell its doom, a person briefed on the matter said Sunday [...]
Filed under: Big business, Economy | Tagged: AIG, Blind, Corporation, David A Paterson, Federal Reserve, national socialism, New York, Socialism | Leave a Comment »
