Joe Biden On Economy: We Had No Idea What The Heck Was Going On

George “I-Heart-Obama” Stephanopoulos talks to Joe “Gaffetastic” Biden about the need for a ginormous economic stimulus package, better known as The New Deal II.  Biden reveals that he and President-elect Barack Obama had no idea what condition the economy was in prior to winning the election.
ABC News -
“The economy is in much worse shape than [...]

Congress: Who Will Sponsor The Troubled Assets Relief Recipients’ Transparency (TARRT) Bill?

This should be no surprise to any readers here.  Congress gave us the gift of TARP, leaving out any provision for oversight or regulation of the bailout money once it left the Treasury.
According to David Vladeck, professor of law at Georgetown University:
There are only two possible explanations.  There’s incompetence and venality.  Incompetence is that the [...]

Blagojevich Holds Press Conference; Claims Innocence

more about “msnbc.com Video Player“, posted with vodpod

sniffle, sniffle
Fox News -
The following is a transcript of Illinois Gov. Rod Blagojevich’s remarks at a press conference Friday:  
BLAGOJEVICH: “OK. Thank you very much. 
I’m here to tell you right off the bat that I am not guilty of any criminal wrongdoing, that I intend to stay on the [...]

From “Three Little Words” To Two Big Letters

In response to President Bush’s extension of a $17.4 billion dollar “loan” to the automotive industry, Grover Norquist, president of American’s For Tax Reform penned this eloquent missive to the President:

Click to enlarge.
Hat tip: David All.
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Obama’s Warren Pick Solicits Jeers From The “Diversity” Crowd

“We love diversity and celebrate tolerance as a virtue.  Unless you’re a Christian nutjob.  Then you must be silenced.”
Kathryn Kolbert is hacked.
Barack Obama has chosen Rick Warren to give the invocation at the inauguartion, a man who, according to Kolbert “…has been divisive and dishonest on the issues of marriage equality and religious freedom — [...]

Looking For A Reason To Not Buy Kenneth Cole Shoes?

How about an advertising campaign that is completely unimaginative, tasteless, and intellectually insulting?  Not to mention, free.
Hat tip: Allahpundit.
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Bush Auto Bailout Inspires McCain To Speak Out

Arizona Senator John Sydney McCain via HotAir-
I regret the President’s decision to give away over $17 billion to the domestic automakers. Just last week, the Senate rejected a bailout plan because it failed to provide assurances that the domestic manufacturers would fundamentally change the way they do business to ensure their long-term viability. I find it [...]

Henry Paulson: TARP Burning A Hole In His Pocket

Michelle Malkin -
Some of us saw through Hank Paulson before Crap Sandwich passed. On September 24, I warned about the myriad reasons Hank Paulson needed to be contained.
Congress didn’t listen. Neither did many conservatives who blindly trusted theNaked Emperor.
For those who insist no one could see it coming, well, um, you were wrong. Welcome to the land [...]

A Call To Conservatives: Condemn The Illegal Use Of TARP Funds For Detroit-UAW Bailout

Michelle Malkin - 
John Boehner just issued a statement expressing dismay at President Bush’s UAW bailout. He called the use of TARP funds for the bailout “regrettable:”
…It’s not just “regrettable.” As the Heritage Foundation reported, it’s illegal.
…Instead of wringing their hands, I’d like to see fiscal conservatives in Congress put their money where their mouths are and file suit [...]

President Bush Gives Up On The Free Market Economy

This is heartbreaking.  On a scale of 1 to 10, I give this Bush Administration failure 10 Shoes.
President Bush on Friday announced $13.4 billion in emergency loans to prevent the collapse of General Motors and Chrysler, and another $4 billion available for the hobbled automakers in February with the entire bailout conditioned on the companies [...]