Meltdown of Subsidized Battery Maker Zaps Obama Detroit Visit

“The work you’re doing will help power the American economy for years to come.”

— President Obama in a Sept. 13, 2010 phone call to battery maker A123 Systems, congratulating the firm on using the bulk of a $249 million government grant to open new facilities in Michigan.

 

Chris Stirewalt […]

Court: Marine can’t challenge Shariah

Bob Unruh WorldNetDaily 6/1/2012

A federal appeals court says a Marine can’t challenge a U.S. government subsidy for a program that promotes Shariah, that radical Islamic law that includes chopping off hands for theft and beheading for leaving Islam.

The ruling came today from Alan Norris, Eric Clay and Allen Griffin, judges on the 6th […]

Geithner and Goldman, Thick as Thieves

Robert Scheer OpEdNews 6/1/2011

What was Timothy Geithner thinking back in 2008 when, as president of the New York Fed, he decided to give Goldman Sachs a $30 billion interest-free loan as part of an $80 billion secret float to favored banks? The sordid details of that program were finally made public this week in […]

Rival blasts Barney Frank’s swanky free jet ride

CAJ note: Oooh, that must have left a mark on Barney’s carbon footprint!

Dave Wedge The Boston Herald 10/13/2010

U.S. Rep. Barney Frank, immersed in one of the toughest political fights of his career, took a free private jet to the Virgin Islands courtesy of a Maine congresswoman’s billionaire fiance — whose company received a […]

Goldman reveals where bailout cash went

By Karen Mracek and Thomas Beaumont Des Moines Register via USA Today 7/24/2010

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.

Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat […]

Asman and Beck explain, discuss credit default swaps

H/T Trevor Loudon NewZeal blog 5/11/2010