It’s probably the understatement of the decade to say that I’m no fan of bailouts, but the proposal to tax 100% of the bonuses at AIG because they’re using our money is ridiculous. Even though Bush trampled all over it, we have this document called the Constitution which limits what the government is allowed to [...]
Filed under: Political | Tagged: AIG, bailouts, taxes, US Constitution | Leave a Comment »
Here’s a bit of an update on the G20 meeting. It appears that China is getting serious about the US economy, because they want to eventually get the money back that they’ve loaned us. According to a story on KnoxNews.com Chinese Premier Wen Jiabao called on the United States to remain “a credible nation” and [...]
Filed under: Economy, Political | Tagged: bailouts, China, G20, Inflation, stimulus, US | Leave a Comment »
