Category Archives: $700 billion bailout

Lunchbox: Militias on the loose

November 2, 2009 – 12:10 pm

Militias?!?!: Oh god. Chris Kenning’s wonderful story in Sunday’s CJ about the uptick in Kentucky militias — a reaction to the crap-ass economy and the election of President Obama — left us unsettled and a little afraid, with echoes of Waco playing in our heads. Read it.
Dog days continue: In last week’s print issue we [...]

By sgeorge | Also posted in Humana, Lunchbox, Mayor Abramson, Metro Council, economy, health care | Comments (0)

The Trillionaires

November 24, 2008 – 2:33 pm

Dwarfing earlier multi-billion dollar bailouts, Bloomberg News reports the Federal Reserve says it is prepared to give up $7.76 trillion on behalf of taxpayers to thaw the credit markets.
At this point, no one knows where the money is going. The Fed refuses to tell the press exactly who received the $2 trillion of emergency loans [...]

By pbailey | Also posted in politics | Comments (1)

Main Street strikes back

September 30, 2008 – 7:20 pm

As this Hobbesian decade comes to perhaps its final sad chapter, America facing economic uncertainty seems rather poetic.
After international terrorism, multiple wars, domestic destruction, a sickening popular culture and a crumbling infrastructure, a financial meltdown is almost scripted.
The failure to pass the record $700 billion bailout in the House has been the headline and will [...]

By FatLip | Also posted in economy | Comments (1)

Yarmuth voted against failed $700 bailout

September 29, 2008 – 7:35 pm

Joining 40 percent of Democrats, U.S. Rep. John Yarmuth, D-KY3, voted against the $700 billion emergency bailout, which failed to pass the House today in a 228-205 vote.
This is an unusual vote against party lines for Yarmuth, who votes with Democrats 97.7% of the time. However, as national media outlets pointed out, the bailout bill [...]

By FatLip | Also posted in economy | Comments (4)