Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Auto bailout

…economic interest to slash taxes (benefiting its residents) and then await a federal bailout (paid for by all citizens). This incentive towards irresponsibility is particularly strong in the less populous…

Hot Stock Tip

…dividend payment to the U.S. Treasury next month. While Freddie isn’t allowed to pay off the $71.3 billion of bailout money it received beginning five years ago, the latest payment…

TARP Bottom Line

…the sale on Thursday of the government’s last 54.9 million shares of Ally Financial … the Treasury declared the bailouts done.” For some years now, I have been writing that…