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« Freddie Mac Needs $35 BILLION, Yes $35 BILLION More From Your Kids | Main | Bailout News: Warning! This Dog Will BITE: We Present The Awakened Taxpayer »

Beach Party Bailout! Bailout News Links For Friday

The weekend is mere hours away, but the bailout horror stories just keep coming.  Fifteen worth presenting so far and it's only 6:45 am.  We have Peter Schiff writing that the bailouts are perpetuating the credit bubble.  And a nice angry piece by John Carney on Wall Street's disgusting sense of entitlement.

Just spike it and be prepared for your usual outrage as you read where your children's tax dollars are headed today.


peter schiff writes that the bailouts are perpetuating the credit bubble...oh really...

merrill BAC deal destroys the myth of transparency in bailouts    WSJ    2 days old but not widely seen including by me...great article...must read...implies lewis failed to disclose details to bac shareholders...will lead to investor lawsuits..already has actually

focus on wall street's disgusting sense of entitlement    carney at clusterstock

more on goodbank/bad bank idea...i'll tell you it's a horrible idea...   wsj   make the bondholders take the hit...not taxpayers! 

cuomo NOT chosen for nysenate..will remain AG and hopefully prosecute thain and lewis  WSJ

market event daily round-up at clusterstock  has schedule everything on tap for today...earnings, numbers, fed speakers, big financial tv guests

sen. menendez of new yersey speaks out against fiat getting $3.5 billion of your children's cash   wsj

pressure grows for more bailout funds   wsj  no sub required

new details on barney frank's improper work on behalf of local boston bank 

was maxine waters also involved in these shady dealings...let's hoe so... la observer

uk bailout critics are growing louder    let's keep up pressure     WSJ

house rejects obama's request for second $350 billion        AP

how is tarp being used by banks    charlotte observor

uk bailout: editorial calling on darling to admit the true, cost of bank bailouts    timesonline 

I'll be adding more every hour.  So keep checking back.

Obama takes aim at wall street bonuses    bloomberg  count me as skeptical on this one



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Reader Comments (11)

I have been reading stuff on the site for the last 2 hours. This is a cool. Hope it works out. Someone posted a link on a yahoo board I was reading. That's how I found you.

maui maui

Jan 23, 2009 at 8:16 AM | Unregistered CommenterLagaLago

nice cartoon. thre is a report on bloomberg this morning that something might happen this wekend with the banks.

just a heads up to look for that article.

keep it up. you haeve something pretty well put together.

Jan 23, 2009 at 9:25 AM | Unregistered CommenterCastro_is_cool_again

Good source of info here. Thanks and it will grow.

Jan 23, 2009 at 10:37 AM | Unregistered CommenterScott Free

Love the article on the culture of corporate entitlement...these fat cats probably complain about those in need of public assistance. What disgusts me about such corporate welfare (can we start calling these bailouts what they truly are!) is that these businesses are filled with people who have money, assets, education, and options. Suck it up - or just SUCK IT!

Jan 23, 2009 at 12:02 PM | Unregistered CommenterAngry Jones

I came by again to see the dog pic...i'm strangely attracted

Jan 23, 2009 at 4:35 PM | Unregistered CommenterCastro_is_cool_again

What has happened to this country. Bailing out everyone. Now, Freddie Mac wants $35 Billion. It's up on Bllomberg now.

Jan 23, 2009 at 8:28 PM | Unregistered CommenterJZ166

@ JZ

thanks for the tip. new story up on that now.

Jan 24, 2009 at 3:37 PM | Registered CommenterDailyBail

@ castro is cool again

again. BEST NAME on site so far.
keep coming and commenting. thanks.

Jan 24, 2009 at 3:38 PM | Registered CommenterDailyBail

@ angry jones

well put. wall street is WAY out of touch with the rest of nation.
everyone should read the article on wall street entitlement.

Jan 24, 2009 at 3:39 PM | Registered CommenterDailyBail

@ scot free

thanks. we will get better every week. getting 4000 page views per day already.

keep showing up. thanks!!

Jan 24, 2009 at 3:40 PM | Registered CommenterDailyBail

@ castro and laga lago

thanks and wish i were in maui, myself.

Jan 24, 2009 at 3:41 PM | Registered CommenterDailyBail

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