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<channel>
	<title>E!! The True Conservative Story™ &#187; government bailouts</title>
	<atom:link href="http://elizabethcrum.blogivists.com/category/government-bailouts/feed/" rel="self" type="application/rss+xml" />
	<link>http://elizabethcrum.blogivists.com</link>
	<description>Elizabeth Crum !! Putting the "E" in conservative blogging in Nevada &#38; nationally</description>
	<lastBuildDate>Mon, 01 Jun 2009 02:31:55 +0000</lastBuildDate>
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			<item>
		<title>What A Difference 100 Days Makes</title>
		<link>http://elizabethcrum.blogivists.com/2009/04/27/what-a-difference-100-days-makes/</link>
		<comments>http://elizabethcrum.blogivists.com/2009/04/27/what-a-difference-100-days-makes/#comments</comments>
		<pubDate>Mon, 27 Apr 2009 23:28:14 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Corruption in Politics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Fleecing the Taxpayers]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Not Good]]></category>
		<category><![CDATA[OMG]]></category>
		<category><![CDATA[Tax Day Tea Party]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[accountability]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[Americans for Tax Reform]]></category>
		<category><![CDATA[ATR]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Obama's First 100 Days]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[summary]]></category>
		<category><![CDATA[tax evasion]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=888</guid>
		<description><![CDATA[If you can stomach it, Americans for Tax Reform has a recap of all the major fiscal and tax-related events since Inauguration Day.
Title:  Obama&#8217;s First 100 Days:  Higher Spending. More Debt. New Taxes. Broken Promises.
Yep, that about sums it up.
Just a snippet:
Day 1 &#8212; January 20: In his Inaugural address, President Obama makes a noteworthy commitment to [...]]]></description>
			<content:encoded><![CDATA[<p>If you can stomach it, Americans for Tax Reform has a <a href="http://www.atr.org/obamas-first-days-higher-spending-more-a3167" target="_blank">recap</a> of all the major fiscal and tax-related events since Inauguration Day.</p>
<p>Title:  <strong><em>Obama&#8217;s First 100 Days:  Higher Spending. More Debt. New Taxes. Broken Promises.</em></strong></p>
<p>Yep, that about sums it up.</p>
<p>Just a snippet:</p>
<p style="padding-left: 30px"><strong>Day 1</strong> &#8212; January 20: In his Inaugural address, President Obama makes a noteworthy commitment to the American taxpayer:<br />
 <br />
<em>“And those of us who manage the public&#8217;s dollars will be held to account, to spend wisely, reform bad habits, and do our business in the light of day, because only then can we restore the vital trust between a people and their government.”</em></p>
<p>Or two:
</p>
<p style="padding-left: 30px"><strong>Day 41</strong> &#8212; March 1: The Obama administration foreshadows another broken promise when Peter Orszag, appearing on This Week with George Stephanopoulos, claims the 8,000 earmarks in the 2009 Omnibus Appropriations Act of 2009 are “last year’s business. We just need to move on.” The statement by Orszag in not consistent with Obama’s campaign promise made in the first presidential debate:<br />
 <br />
<em>“And, absolutely, we need earmark reform. And when I&#8217;m president, I will go line by line to make sure that we are not spending money unwisely.”</em> (Sept. 26, 2008. First Presidential Debate, Oxford, Miss.)</p>
<p>RTWT.</p>
]]></content:encoded>
			<wfw:commentRss>http://elizabethcrum.blogivists.com/2009/04/27/what-a-difference-100-days-makes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Harry Reid&#8217;s Back Room AIG Deal</title>
		<link>http://elizabethcrum.blogivists.com/2009/03/23/harry-reids-back-room-aig-deal/</link>
		<comments>http://elizabethcrum.blogivists.com/2009/03/23/harry-reids-back-room-aig-deal/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 15:28:18 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Corruption in Politics]]></category>
		<category><![CDATA[Fleecing the Taxpayers]]></category>
		<category><![CDATA[Harry Reid]]></category>
		<category><![CDATA[Senate]]></category>
		<category><![CDATA[government bailouts]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=716</guid>
		<description><![CDATA[Check out this web ad on Harry Reid&#8217;s back room dealings re: the protection of AIG bonuses.
Reid appointed himself to the Stimulus Conference Committee and masterminded the deal &#8211; and now refuses to talk about it.
Call Harry Reid and tell him you know what he did &#8211; and that you will be contributing money to [...]]]></description>
			<content:encoded><![CDATA[<p>Check out <a href="http://www.youtube.com/watch?v=Nc2UOeV_Ww4&amp;fmt=22" target="_blank">this web ad</a> on Harry Reid&#8217;s back room dealings re: the protection of AIG bonuses.</p>
<p>Reid appointed himself to the Stimulus Conference Committee and masterminded the deal &#8211; and now refuses to talk about it.</p>
<p>Call Harry Reid and tell him you know what he did &#8211; and that you will be contributing money to defeat him in 2010:</p>
<p>1-866-SEN-REID</p>
]]></content:encoded>
			<wfw:commentRss>http://elizabethcrum.blogivists.com/2009/03/23/harry-reids-back-room-aig-deal/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>Steve Forbes Joins the Fight Against the Decepticons and Porkulus Prime</title>
		<link>http://elizabethcrum.blogivists.com/2009/02/11/steve-forbes-joins-the-fight-against-the-decepticons-and-porkulus-prime/</link>
		<comments>http://elizabethcrum.blogivists.com/2009/02/11/steve-forbes-joins-the-fight-against-the-decepticons-and-porkulus-prime/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 21:00:00 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Balanced Budgets]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[opposition]]></category>
		<category><![CDATA[pork]]></category>
		<category><![CDATA[porkulus]]></category>
		<category><![CDATA[Steve Forbes]]></category>
		<category><![CDATA[stimulus]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=571</guid>
		<description><![CDATA[Steve Forbes chimes in.
(That header&#8217;s a Transformers movie reference, for all you old folks.  And hermits.  And monks.)
(And I refuse to add a &#8220;Stimulus&#8221; subject category on my blog because this is NOT a stimulus bill.  I will not bow to the Label Lords of the Left!!)
]]></description>
			<content:encoded><![CDATA[<p>Steve Forbes <a href="http://moneynews.newsmax.com/streettalk/forbes_stimulus_strategy/2009/02/11/180613.html?s=al&amp;promo_code=79E6-1" target="_blank">chimes in</a>.</p>
<p>(That header&#8217;s a <em>Transformers</em> movie reference, for all you old folks.  And hermits.  And monks.)</p>
<p>(And I refuse to add a &#8220;Stimulus&#8221; subject category on my blog because this is NOT a stimulus bill.  I will not bow to the Label Lords of the Left!!)</p>
]]></content:encoded>
			<wfw:commentRss>http://elizabethcrum.blogivists.com/2009/02/11/steve-forbes-joins-the-fight-against-the-decepticons-and-porkulus-prime/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>50 Ways to Weave Disaster</title>
		<link>http://elizabethcrum.blogivists.com/2009/02/05/50-ways-to-weave-disaster/</link>
		<comments>http://elizabethcrum.blogivists.com/2009/02/05/50-ways-to-weave-disaster/#comments</comments>
		<pubDate>Thu, 05 Feb 2009 23:43:56 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Balanced Budgets]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Corruption in Politics]]></category>
		<category><![CDATA[Fleecing the Taxpayers]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Senate]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[details]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[summary]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=542</guid>
		<description><![CDATA[Stephen Spruiell &#38; Kevin Williamson @ NRO list and detail the 50 most outrageous items in the stimulus package.  This is the best, most comprehensive sum-up I&#8217;ve seen.  Read it and weep call your senator today.





 





]]></description>
			<content:encoded><![CDATA[<p><span class="articlesubtitle">Stephen Spruiell &amp; Kevin Williamson @ <em>NRO</em> list and detail the <a href="http://article.nationalreview.com/?q=YjcyODIyZGM2MGU1ZDdkNDgxZDc3OTNjYjM4ZDY1ODI=" target="_blank">50 most outrageous</a> items in the stimulus package.  This is the best, most comprehensive sum-up I&#8217;ve seen.  Read it and <span style="text-decoration: line-through">weep</span> call your senator today.</span></p>
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			<wfw:commentRss>http://elizabethcrum.blogivists.com/2009/02/05/50-ways-to-weave-disaster/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Opposition to &#8220;Stimulus&#8221; Bill</title>
		<link>http://elizabethcrum.blogivists.com/2009/02/05/opposition-to-stimulus-bill/</link>
		<comments>http://elizabethcrum.blogivists.com/2009/02/05/opposition-to-stimulus-bill/#comments</comments>
		<pubDate>Thu, 05 Feb 2009 20:47:37 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Balanced Budgets]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Corruption and Greed]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Fleecing the Taxpayers]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Harry Reid]]></category>
		<category><![CDATA[Senate]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[bill]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[opposition]]></category>
		<category><![CDATA[polls]]></category>
		<category><![CDATA[Reid]]></category>
		<category><![CDATA[stimulus]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=539</guid>
		<description><![CDATA[Yesterday 18 free market and limited government leaders released a letter urging the Senate to reject &#8220;the Bill.&#8221; 
And Rasumussen reported that more Americans oppose the $1.2 trillion (including intest) bill than support it.   Here are some blurbs:
The latest Rasmussen Reports national telephone survey found that 37% favor the legislation, 43% are opposed, and 20% are not [...]]]></description>
			<content:encoded><![CDATA[<p>Yesterday 18 free market and limited government leaders released <a href="http://tk1.publicaster.com/DC/ctr.aspx?6C6164=35333139343839&amp;736272=4497&amp;747970=6874&amp;66=30" target="_blank">a letter </a>urging the Senate to reject &#8220;the Bill.&#8221; </p>
<p>And Rasumussen <a href="http://www.rasmussenreports.com/public_content/business/economic_stimulus_package/support_for_stimulus_package_falls_to_37" target="_blank">reported</a> that more Americans oppose the $1.2 trillion (including intest) bill than support it.   Here are some blurbs:</p>
<p style="padding-left: 30px">The latest Rasmussen Reports national telephone survey found that 37% favor the legislation, 43% are opposed, and 20% are not sure.</p>
<p style="padding-left: 30px"><a href="http://elizabethcrum.blogivists.com/public_content/politics/obama_administration/january_2009/45_support_obama_s_economic_plan" target="_self">Two weeks ago</a>, 45% supported the plan. <a href="http://elizabethcrum.blogivists.com/public_content/business/general_business/public_support_for_economic_recovery_plan_slips_to_42" target="_self">Last week</a>, 42% supported it.</p>
<p style="padding-left: 30px">Opposition has grown from 34% two weeks ago to 39% last week and 43% today.</p>
<p style="padding-left: 30px">Sixty-four percent (64%) of Democrats still support the plan. That figure is down from 74% a week ago. Just 13% of Republicans and 27% of those not affiliated with either major party agree.</p>
<p style="padding-left: 30px">Seventy-two percent (72%) of Republicans oppose the plan along with 50% of unaffiliated voters and 16% of Democrats.</p>
<p>Meanwhile Congressional Republicans <a href="http://www.cnsnews.com/public/content/article.aspx?RsrcID=43044" target="_blank">doubt</a> whether the bill will save or create the 3 to 4 million jobs Obama and the Dems claim.</p>
<p>The bill is full of pork and nonsense and needs to be scrapped.</p>
]]></content:encoded>
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		<item>
		<title>What She Said</title>
		<link>http://elizabethcrum.blogivists.com/2009/01/28/what-she-said/</link>
		<comments>http://elizabethcrum.blogivists.com/2009/01/28/what-she-said/#comments</comments>
		<pubDate>Wed, 28 Jan 2009 06:02:08 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Fleecing the Taxpayers]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[bad ideas]]></category>
		<category><![CDATA[House]]></category>
		<category><![CDATA[opposite of growth]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[vote]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=516</guid>
		<description><![CDATA[Leslie Carbone, on tomorrow&#8217;s Stimulus anti-Stimulus vote in the House, that is.
]]></description>
			<content:encoded><![CDATA[<p><a href="http://lesliecarbone.blogspot.com/2009/01/stimulus-vote-expected-wednesday.html" target="_blank">Leslie Carbone</a>, on tomorrow&#8217;s <span style="text-decoration: line-through">Stimulus</span> anti-Stimulus vote in the House, that is.</p>
]]></content:encoded>
			<wfw:commentRss>http://elizabethcrum.blogivists.com/2009/01/28/what-she-said/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Fix Housing First Proposal, or How Congress Can Most Efficiently Suck the Last Vestiges of Hope out of the American Dream</title>
		<link>http://elizabethcrum.blogivists.com/2009/01/06/the-fix-housing-first-proposal-or-how-congress-can-most-efficiently-suck-the-last-vestiges-of-hope-out-of-the-american-dream/</link>
		<comments>http://elizabethcrum.blogivists.com/2009/01/06/the-fix-housing-first-proposal-or-how-congress-can-most-efficiently-suck-the-last-vestiges-of-hope-out-of-the-american-dream/#comments</comments>
		<pubDate>Tue, 06 Jan 2009 19:37:16 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Congress]]></category>
		<category><![CDATA[Down With Political Correctness]]></category>
		<category><![CDATA[Fleecing the Taxpayers]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Elizabeth Crum]]></category>
		<category><![CDATA[Fix Housing First]]></category>
		<category><![CDATA[funny]]></category>
		<category><![CDATA[letter]]></category>
		<category><![CDATA[satire]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=474</guid>
		<description><![CDATA[ 
I was recently encouraged, by the executives of an organization that shall go unnamed so I can keep my day job, to write a letter to my Congressman touting the benefits of the Fix Housing First Proposal.
 
Here’s my letter.
 
Dear Congressman (or woman)(or Dina Titus):
 
Rumor has it that you are considering additional action in re: to the housing [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">I was recently encouraged, by the executives of an organization that shall go unnamed so I can keep my day job, to write a letter to my Congressman touting the benefits of the Fix Housing First Proposal.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">Here’s my letter.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">Dear Congressman (or woman)(or Dina Titus):</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">Rumor has it that you are considering additional action in re: to the housing market.<span>  </span>As I understand it, the Fix Housing First proposal consists of the following:</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in"><span style="font-size: 8pt;font-family: Arial"><span>1.<span style="font: 7pt">        </span></span></span><span style="font-size: 8pt;font-family: Verdana">The federal government will offer a gi-normous and historically unprecedented supercalifrajalistic tax credit to anyone buying a house in 2009, and anyone who took last year’s lesser tax credit or bought their house prior that can bite the proverbial Big One because they aren’t getting doodleley squat.<span>  </span>In essence, those retards who had the poor sense to purchase a domicile before you and your Wall Street pals f***cked the economy into a coma are SOL:<span>  </span>too bad, so sad, cry me a Hudson River, etc.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.25in"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in"><span style="font-size: 8pt;font-family: Verdana">2.<span>   </span>In addition – and again, this is only for those bless&#8217;d and priveleged few who choose to buy homes in 2009 – the federal government will guarantee a super-sweet taxpayer-subsidized loan at a low, Low market rate of 2.99 or 3.99.<span>  </span>Those who were short-sighted enough to finance their homes at 5, 6, or 7% &#8211; what a bunch of losers!! – will just have to continue at those rates and hope that sometime in this millenium, they or their unfortunate descendants can break even&#8230;or at least not have to file bankruptcy and sell special personal favors out behind the local WalMart.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">Naturally, as someone who enjoys being regularly screwed over by my elected officials, I support the Fix Housing First proposal.<span>  </span>In addition to priveleging a few citizens over the vast majority and attempting to artificially stimulate an entire industry with the taxpayer dollars OF that majority, it will effectively grind into dust my last vestiges of faith in fairness, equity, and the American Way.<span>  </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">I now realize that virtues such as these are for fools and idealists, and I thank you for freeing me from the naïve <em>weltanschauung</em> that has enslaved me for the better part of my life.<span>  </span>Now instead of wasting my time aspiring to liberty and justice for all – what crack-smoking maniac thought up THAT ridiculous concept? – I can now embark on a life filled with bitterness, vitriol and rage and go to my grave cursing both man and God, as is only befitting of an enlightened person of the twenty-first century.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">Congratulations on your confirmation into Congress, and if you pass the Fix Housing First bill, may your earthly blessings be exceeded only by super-special surprises stored up for you in the Seventh Circle of Hell.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana">Sincerely,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: 8pt;font-family: Verdana"><em>Citizen Sue</em></span></p>
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			<wfw:commentRss>http://elizabethcrum.blogivists.com/2009/01/06/the-fix-housing-first-proposal-or-how-congress-can-most-efficiently-suck-the-last-vestiges-of-hope-out-of-the-american-dream/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
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		<title>Like Lemmings Over the Cliff</title>
		<link>http://elizabethcrum.blogivists.com/2008/11/14/like-lemmings-over-the-cliff/</link>
		<comments>http://elizabethcrum.blogivists.com/2008/11/14/like-lemmings-over-the-cliff/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 23:40:27 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[analysis]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[meltdown]]></category>
		<category><![CDATA[securities]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=442</guid>
		<description><![CDATA[I highly recommend this long but excellent piece, &#8220;Wall Street Lays Another Egg,&#8221; by Niall Ferguson in Vanity Fair.  You&#8217;ll be smarter if you read even half.
Hat Tip:  Ralph Hancock on the Postmodern Conservative blog @ Culture11
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			<content:encoded><![CDATA[<p>I highly recommend <a href="http://www.vanityfair.com/politics/features/2008/12/banks200812?printable=true&amp;currentPage=all">this</a> long but excellent piece, &#8220;Wall Street Lays Another Egg,&#8221; by Niall Ferguson in <em>Vanity Fair</em>.  You&#8217;ll be smarter if you read even half.</p>
<p><em>Hat Tip</em>:  Ralph Hancock on the <em><a href="http://culture11.com/blogs/postmodernconservative/2008/11/14/cast-nature-out-with-a-highly-sophisticated-mathematical-pitchfork/">Postmodern Conservative</a> </em>blog @ <em>Culture11</em></p>
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		<title>GM:  Bankruptcy</title>
		<link>http://elizabethcrum.blogivists.com/2008/11/13/gm-bankruptcy/</link>
		<comments>http://elizabethcrum.blogivists.com/2008/11/13/gm-bankruptcy/#comments</comments>
		<pubDate>Thu, 13 Nov 2008 20:55:11 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[automakers]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[GM]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=439</guid>
		<description><![CDATA[I think this will be the E!! last word on the GM thing:  what Jim Manzi says.
]]></description>
			<content:encoded><![CDATA[<p>I think this will be the <strong><em>E!!</em></strong> last word on the GM thing:  what Jim Manzi <a href="http://corner.nationalreview.com/post/?q=YzEzMThjN2UyMWE3NTMxOTA2ZTg3MDdlZWY5MjJmMTU=" target="_blank">says</a>.</p>
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		<title>How About a Casino Bailout?</title>
		<link>http://elizabethcrum.blogivists.com/2008/11/13/how-about-a-casino-bailout/</link>
		<comments>http://elizabethcrum.blogivists.com/2008/11/13/how-about-a-casino-bailout/#comments</comments>
		<pubDate>Thu, 13 Nov 2008 16:40:48 +0000</pubDate>
		<dc:creator>E!!</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[government bailouts]]></category>
		<category><![CDATA[automaker]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[employ]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Las Vegas]]></category>
		<category><![CDATA[Sands]]></category>
		<category><![CDATA[stock]]></category>

		<guid isPermaLink="false">http://elizabethcrum.blogivists.com/?p=434</guid>
		<description><![CDATA[David Frum urges us not to bailout automakers on Marketplace.publicradio.org.
And then on NRO, he posts this:
Time was when General Motors alone ranked among the largest employers in the United States.
Today, UPS employs almost four times as many people as the two big U.S. companies, Ford and GM, combined. While the Big Two decline, Toyota USA, [...]]]></description>
			<content:encoded><![CDATA[<p>David Frum <a href="http://marketplace.publicradio.org/display/web/2008/11/12/frum" target="_blank">urges us</a> not to bailout automakers on <a href="http://marketplace.publicradio.org/" target="_blank">Marketplace.publicradio.org</a>.</p>
<p>And then on NRO, he posts this:</p>
<p><span style="font-size: small;font-family: Times New Roman"><span style="font-size: 12pt">Time was when General Motors alone ranked among the largest employers in the United States.</p>
<p>Today, UPS employs almost four times as many people as the two big U.S. companies, Ford and GM, combined. While the Big Two decline, Toyota USA, Nissan USA, BMW, KIA are all expanding — and not asking for any bailout.</p>
<p>The Big Two remain important employers. Their troubles are felt up and down the manufacturing supply chain. But of course that is true for every industry.</p>
<p>Last week, the stock of Las Vegas Sands Corporation collapsed. Bankruptcy seems a real possibility. Indeed, the whole casino gambling industry in Nevada is facing the worst crisis in at least a generation, maybe ever. <strong>Casino gambling directly employs more people than the domestic automobile industry. </strong>Add in the supply chain for both industries, and casinos still employ almost half as many people as the automobile sector.</p>
<p>So what about a bailout for the casino industry? Ridiculous! Right? But why right?</span></span></p>
<p><span style="font-size: small;font-family: Times New Roman"><span style="font-size: 12pt"></span></span></p>
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