Tag Archives: bail-outs

Obama's 'Underwater' Homeowner Rescue Already Sinking

President Obama is travelling several Western states to talk up a re-vamp of his failed “Home Affordable Refinance Program” (HARP) in another big-government attempt to rescue homeowners who owe more on their houses than the real estate is worth. Beginning in Nevada, the “We Can’t Wait” campaign is intended to show-up Congress while side-stepping them… Read More »

GM and GE Get In Bed With China

Guess what corporations are getting into bed with the Chinese? General Motors (GM) and General Electric (GE)! Yes, you read that correctly. GM, recipient of $50 billion of taxpayer money, and GE, whose CEO is Jeffery Immelt, good friend of President Barack Obama. GE and GM agreed on a pilot installation of electric vehicle (EV)… Read More »