Browsing All posts tagged under »BAILOUTS«

Europe’s Bailouts of Nations in Trouble

April 17, 2011

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Finnish voters dealt a blow Sunday to Europe’s plans to rescue Portugal and other debt-ridden economies, ousting the pro-bailout government and giving a major boost to a euroskeptic nationalist party. With all ballots counted, the biggest vote-winner was the conservative National Coalition Party, part of the outgoing center-right government and a strong advocate for European […]

New Obama Bailout-States

February 8, 2011

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  The Obama administration is proposing short-term relief to states saddled with unemployment insurance debt, coupled with a delayed increase in the income level used to tax employers for the aid to the jobless. The administration plans to include the proposal in its budget plan next week. The plan was confirmed to Fox News late […]

Another Bailout-U.S. Bails Out Major Credit Unions

September 26, 2010

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Two years after the peak of the financial crisis , the federal government swooped in to stabilize a crucial part of the credit-union sector battered by losses on subprime mortgages. Regulators announced Friday a rescue and revamping of the nation’s wholesale credit union system, underpinned by a federal guarantee valued at $30 billion or more. […]

New Waters/Frank Bailout Scandal Documents Uncovered

September 16, 2010

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Judicial Watch, the public interest group that investigates and prosecutes government corruption, announced today that it has received new documents from the U.S. Department of Treasury related to the controversial $12 million bailout grant provided to the Boston-based OneUnited Bank. The documents, obtained in response to a Freedom of Information Act (FOIA) lawsuit filed against […]

No Taxpayer Bailout for Union Pensions

September 6, 2010

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This Labor Day some labor union officials,Photo above, should be concerned. The Financial Accounting Standards Board, a private organization that sets the standards for financial standards, is considering a proposal that would require companies to disclose their potential liability from collectively bargained multiemployer pension plans. With the liability on view for all to see, it would […]

The Shady ShoreBank Bailout

May 21, 2010

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By Michelle Malkin, TOWNHALL “No more bailouts, no more greed, how many profits do you need?” That’s been a signature chant of community organizers and Big Labor thugs who have stormed bank offices and financial executives’ private homes decrying corporate welfare over the past several months. But now that the federal government and a coalition […]

Obama wants Another Bailout – Teachers, Again

May 15, 2010

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Obama Administration Makes Emergency Funding Request for Teachers By Steven Clark, AP Despite President Obama’s pledge for honest budgeting and billions of dollars in stimulus money spent to save teachers’ jobs , the Education Department is asking for off-the-books emergency funding to keep local districts from laying off school teachers next school year.  Education Secretary […]