AIG Bonuses Outrage… Who to blame?
It has been recently reported that AIG has paid a significant amount of the bailout money received from the US government as bonuses to executives and trading partners.
Jeremy Ryan
About Jeremy Ryan
Posts by Jeremy Ryan:
Vermont Legislative Pay: Is it too low or too high?
Yesterday, I heard some discussion on the Charlie and Ernie show regarding legislative pay. It seems that many people are under the impression that the pay is low and that it shouldn’t be cut like other state employees that are making more than $60,000/year. The argument is that legislative pay is only $625.36/week or $11,256 for 18 weeks or $7.93/hour.
Digsby Review IM’s, email and social networking in one App!
Digsby Instant Messager – organize all your IM, email and social networking accounts in one place.
Ron Paul Talks About the Economy on Morning Joe 1-27-09
In the video below, Ron Paul speaks about the bailouts and how it’s taking a bad situation and making it worse by adding fuel to the fire. You have companies that have performed poorly with assets they have been entrusted and in doing so the government is rewarding them by taking assets from those who have performed well to give to the underperfomers and some how that will make things better. It just doen’t make sense.
Merry Christmas and Happy New Year!
Wishing you all a happy and safe Christmas and new year! Below is a animated Christmas Card and a great light show.
A Politically Correct Holiday Greeting…
I just got the following politically correct holiday greeting in my email.
Fed Cuts Interest Rate, Inflation, and the Next Bubble
The Federal Reserve on Tuesday cut its target for overnight interest rates to zero to 0.25 percent, bringing it closer to unconventional action to lift the economy out of a year-long recession.
NY Governor Paterson Proposes Soft Drink “Obesity Tax”
As if there aren’t enough taxes, you could soon be paying more for soda. In an effort to close the $15 billion state budget gap, New York Governor David Paterson is calling for a 15 percent tax on soft drinks. If you drink diet, you’re okay. The tax would only be imposed on regular, non-diet soft drinks. The logic: it could generate more than $400 million while helping to curve obesity.
Bill of Rights Day
The Bill of Rights came into effect on December 15 of 1791. Be sure to remember them and how much they should mean to you and be sure to hold candidates accountable to them.
Thanksgiving: a Celebration of Free Markets Over Socialism?
Some time ago I first heard about the article The Great Thanksgiving Hoax by Richard J. Maybury. It describes how Thanksgiving is really a celebration of free markets and private property over socialism.