Group Think, Duct Tape and Slam Dunks
Credit
Government Bailout Hits $8.5 trillion
Kathleen Pender The San Francisco Chronicle November 26, 2008 The federal government committed an additional $800 billion to two new loan programs on Tuesday, bringing its cumulative commitment to financial rescue initiatives to a staggering $8.5 trillion, according to Bloomberg News. That sum represents almost 60 percent of the nation’s estimated gross domestic product. Given […]
MoreExperts Are Bewitched, Bewildered and Befuddled By The Economy
Economy in Turmoil and Bailout Plans Adrift THE SAN FRANCISCO CHRONICLE Carolyn Lochhead, Chronicle Washington Bureau Sunday, December 7, 2008 Washington — Detroit automakers are in line behind governors who are in line behind banks, seeking emergency aid from Washington. Nearly $8 trillion in federal commitments is already out the door, and half of the […]
MoreGeneral Barry McCaffrey Exposed For The Ultimate Spineless Shill That He Is
THE NEW YORK TIMES November 30, 2008 One Man’s Military-Industrial-Media Complex By DAVID BARSTOW In the spring of 2007 a tiny military contractor with a slender track record went shopping for a precious Beltway commodity. The company, Defense Solutions, sought the services of a retired general with national stature, someone who could open doors at […]
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