Russian Prime Minister and former head of the Soviet KGB, Vladimir Putin, warned the USA against socialism and our method of economic recovery.

The Wall Street Journal
* JANUARY 28, 2009, 2:29 P.M. ET
Putin Speaks at Davos

"[...]Excessive intervention in economic activity and blind faith in the state's omnipotence is another possible ( Read more... )

I stole this from an economic blog. I am reluctant to give out the the URL as it has dubious "Coast-to-Coast AM" type stuff. However, I like reading the economic-related bits (thought they can be a bit tinfoil hatish on occasion). Ask and you shall receive.

No Faith In Government ( Read more... )

Remember when the FDIC sold off Washington Mutual? Guess what. The people that bought didn't get the main assets of the bank that were worth the money. The government got it and screwed the bondholders. The assets were divided up and given to other companies ( Read more... )

from Torrey Spears' blog:

"If one good thing has come out of this finanial mess - it's that *should* Barack Obama get elected - his super-spending plans are finished. There's no money. That is, unless with an Obama Presidency and a Democrat controlled Congress - they expand our national debt into a number that hasn't even been created yet. You ( Read more... )

McCain attacks Obama over bailout failure

Media Report Pelosi's Pre-Bailout Vote Attack on Bush and GOP

Fingers point... and point back. Each side accuses the other of scuttling the bailout plan. But is that really the case when 95 Democrats defected to the GOP sideNo. It wasn't partisanship. It was the constituency telling the Congress a ( Read more... )

At the heart of the whole current Wall Street issue is a thing called the CDS, or Credit Default Swap.

The $55 trillion questionThe financial crisis has put a spotlight on the obscure world of credit default swaps - which trade in a vast, unregulated market that most people haven't heard of and even fewer understand. Will this be the next ( Read more... )

DENIED!

SPECIAL REPORT AMERICA'S MONEY CRISIS
Bailout plan rejectedHouse leaders scramble for support for controversial Wall Street plan ( Read more... )

Emergency Economic Stabilization Act of 20089 SEC. 3. DEFINITIONS ( Read more... )

Democrat Representative Marcy Kaptur speaks before Congress:

Click to view

I like A LOT of what she has to say. Especially holding investigations to hold those responsible accountable. Will that investigation cover Senators and House members? Nice little Bush blurb there at the end to let us know the recorder's bias ( Read more... )