Posts Tagged ‘mercantilism’


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Federal Reserve Gave Big Banks Secret Loans of $7.77 Trillion


Monday November 28th, 2011   •   Posted by David Theroux at 9:34pm PST   •   2 Comments

Brent Budowsky of The Hill has called for Cong. Ron Paul to hold hearings before the subcommittee he chairs on the news of secret Federal Reserve bailouts of the the biggest banks. The news comes from an article by Bob Ivry, Bradley Keoun and Phil Kuntz at Bloomberg Markets Magazine that the Federal Reserve…
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U.S. Regulatory Tsunami Is Destroying Jobs


Sunday September 18th, 2011   •   Posted by David Theroux at 11:08am PDT   •   1 Comment

In his article, “New report cites ‘regulatory tsunami’ under Obama,” Byron York reports in the Washington Examiner that a new report from the House Government Oversight and Reform Committee reveals that instead of his claim to oppose job-killing regulations, President Barack Obama has radically expanded federal regulations, producing a “regulatory tsunami that has stifled…
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Government Motors CEO Receives $9 Million Pay Package


Saturday September 11th, 2010   •   Posted by David Theroux at 1:57am PDT   •   2 Comments

The Associated Press reports that having received a $50 billion bailout in corporate welfare from the U.S. government, General Motors Corporation (GM) is giving its new CEO Daniel Akerson a $9-million pay package, the same deal received by his predecessor Edward Whitacre. Akerson is the fourth CEO in less than two years at Government…
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