Bailouts and Earmarks

Posted on October 1, 2008. Filed under: Finances, News, Politics | Tags: American Samoa, Art, Bank, Blog, Caribbean, Congress, Great Depression, Puerto Rican, Puerto Rico, Tax, taxpayers, United States, United States Department of the Treasury, Washington, Washington D.C. |

As we all know by now, Congress failed to pass the Bailout Bill on Monday for $700 billion (a number, apparently, the US Treasury just made up). If they pass it, they saddle taxpayers with the debt and socialize the banking system. If they don’t pass it, they tell us civilization will end as we [...]