Politics Buzz Are you feeling helpless as the US government hands out trillions of your tax dollars to mega banks and bloated fat cats? Me neither. And this game doesn't really make any sense, but neither does our economy right now.
We track the battle between left-wing and right-wing sites on important news topics. At 12:40pm on February 27, 2009. we detected breaking news about “Obama’s Budget: $4 trillion in spending, a $1.75 trillion deficit, and another $750 billion bank bailout”. This page shows the headlines about “Obama’s Budget: $4 trillion in spending, a $1.75 trillion deficit, and another $750 billion bank bailout” from both sides.
Wanna really piss your friends off? Send them a fake bailout check! Kidding — it's all in harmless fun. Everyone deserves a bailout of some sort, even if it's a “Get Out Of Uncomfortable Situation Free” sort of deal. I wrote myself one for one million dollars, because boats are super expensive!
http://www.nytimes.com/2009/02/04/business/04pay.html?par...
The Obama administration is going to impose a cap of $500,000 on executive pay at companies that get bailout money. Do these people even know how expensive caviar is these days? No self-respecting CEO can live on such a tiny salary.
Breaking News at 05:01PM on January 15, 2009. Story developing. Here are some alerts from top news sources.
Didn't agree with the bailout? Thought you could've done a better job? We'll see about that. Hit up this amazingly well-designed (and entertaining) game, which is inspired by Monopoly, but you get to choose who gets bailed out and who gets the ax. Watch out for the recession (ie angry mob in red pickup truck!)
Confused by the proposed bailout of the auto industry? This picture will explain it all for you.
The proposed auto industry bailout, explained. Democracy at work!
Confused by the proposed auto industry bailout? This ad should explain everything. Democracy at work!
http://businesssheet.alleyinsider.com/2008/11/bailout-jun...
It's not just AIG who's getting in on the lavish, taxpayer-funded corporate retreats. Ok, it's mostly AIG. I am with Seth and Amy on this one.
http://us.rd.yahoo.com/dailynews/rss/mostemailed/*http://...
At a time when most administrations are getting ready to turn out the lights, the Bush administration is still struggling to get the biggest government rescue in history up and running.
http://theragblog.blogspot.com/2008/10/salary-bonuses-con...
Wall Street bankers are expected to receive pay deals, including bonuses, worth more than $70 billion this year. That’s 10% of the massive emergency government bailout. We are so disappointed in you, Neel.
http://www.nytimes.com/2008/10/25/business/25nocera.html?...
A NY Times reporter got access to an employees-only JP Morgan conference call, and heard an executive admit that government bailout money would be used to buy other banks, rather than to make more loans. What happened, Neel? I feel so betrayed.
http://www.google.com/trends/hottrends?q=pnc&date=200...
PNC is another bank that’s suddenly getting a lot of Google traffic, after it announced plans to buy Cleveland-based National City Corp. with help from the $700 billion government bailout. It’s the first bank to explicitly use the bailout for an acquisition. After the merger, PNC will become the fifth-largest bank in the country.
http://www.google.com/trends/hottrends?q=regions+bank&...
Alabama’s largest bank is one of the most-searched terms on Google after it announced it will participate in the $700 billion government bailout. Bad mortgages in Florida were a big part of the bank’s problems. Neel Kashkari to the rescue!
Before Neel Kashkari was given $700 billion to save the world, he was a high school senior who loved AC/DC. Here’s his 1991 yearbook page. He’s also a fan of Shakespeare, football, and war in Iraq.
A map of the no votes from the House on the failed bailout bill. Click through to see more data: Who voted no, where the no votes came form and where they fall on the political spectrum.
Politics Buzz The $700 billion bailout plan that the world has been awaiting was just rejected by the House of Representatives sending the Dow plunging over 700 points. Voting 228-205 the bill was rejected today despite the desperate need for it. Officials say there will be another attempt to run it through a vote again, though it’s uncertain how soon that will be which just leaves everyone to wonder “What now?”