Bob McCarty Writes

Should Timothy Geithner resign? Nearly half of respondents to an online poll conducted by the Guardian said they would trust Bernie Madoff with their money before they would trust President Barack Obama’s embattled treasury secretary. The poll — which, as of this posting, was still running — offers two answers from which readers can choose [...]

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Some six months after AIG was declared “too big to fail” and received billions of bailout dollars, the free-spending administration of President Barack Obama poured another $30 billion into insurance giant this week.  That took place, according to a recent DC Examiner report, after administration officials were encouraged by the company’s loss of nearly $62 [...]

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Quincy Bioscience President Mark Underwood is so concerned about the declining quality of memory among federal government officials that he is offering free bottles of a brain-enhancing supplement to any member of Congress or official in the incoming administration who has forgotten to pay taxes within the last 10 years. Though Underwood describes the supplement [...]

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While many fear Tuesday’s election could launch Barack Obama’s much-talked-about plan to redistribute the wealth, an Oct. 29 report in The Nation suggests that the redistribution has already begun: The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank [...]

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Offering the basis for what might one day become a reality television show, Treasury Secretary Henry M. Paulson Jr. delivered “Extreme Makeover: Financial Markets Edition,” the name I apply to the statement he delivered in Washington, D.C., this morning: “Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy [...]

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