Tag Archives: Financial Crisis

Former CEO of BB&T Speaking in Cambridge in Defense of Capitalism

(Wow a TEA Party Group at HARVARD.  Talk about “Barbarians at the Gate” huh Mr. Vice President. – promoted by Rob “EaBo Clipper” Eno) The Harvard Law School Tea Party presents John Allison, retired Chairman and CEO of BB&T Corporation and professor at the Wake Forest University School of Business. Mr. Allison will deliver an address on “The Financial Crisis:…

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Transparency is the new black

Barack Obama had one thing right, transparency is the new black.  However he has failed spectacularly in its implementation.  On the campaign trail he and Nancy Pelosi said they would change the rules on non-emergency legislation, allowing a 72 hour reading period for legislators and a five day public review period before signing on all new legislation.  Both of those…

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CNN: You Don’t Need To Act Responsibly

I just saw a piece on CNN called “Dinner Table Talk” Sitting in the Johnson’s living room, the CNN reporter was sympathetically discussing with the young couple their financial problems, and alluding as to how they are victims of the government and greedy bankers. The Johnsons have an adjustable-rate mortgage that they claim not to have understood when they entered…

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REID TO RENEW OIL SHALE BAN, DENY AMERICANS VAST ENERGY RESOURCES DURING ECONOMIC CRISIS

  Despite House Democrats relenting on extending bans on offshore drilling and oil shale in the continuing resolution (CR) appropriations bill, Democrat Senate Leader Harry “Searchlight” Reid has decided to sneak an extension of the oil shale ban through as Congress fights over the financial bailout. Oil shale in America's West is estimated to hold be between 800 billion and…

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