• Posts Tagged ‘bailout’

    They Flew In Jet Planes and Asked For a Handout

    by  • November 20, 2008 • Pakistan, Thoughts • 0 Comments

    “There is a delicious irony in seeing private luxury jets flying into Washington, D.C., and people coming off of them with tin cups in their hand, saying that they’re going to be trimming down and streamlining their businesses,” Rep. Gary Ackerman, D-New York, told the chief executive officers of Ford, Chrysler and General Motors at [...]

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    Why Should They Bother Prime Minister Brown?

    by  • October 28, 2008 • Thoughts • 1 Comment

    Gordon Brown issued the most objectionable statement of the financial crisis today by asking China and the oil-rich Gulf nations to bolster an enhanced IMF bailout fund for countries rocked by the global economic downturn. His quote is “those with the greatest surpluses should do more.” (isn’t it interesting that the “do more” comment is [...]

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