House Democrats are circulating a resolution accusing House Majority Leader Eric Cantor (R-Va.) of having a conflict of interest in the debt ceiling debate, a move that could provide an awkward C-SPAN moment for one of the lead Republicans in the budget negotiations. The resolution goes after Cantor’s investment in ProShares Trust Ultrashort 20+ Year… Continue reading GOP Leader Eric Cantor Could Make a Profit if United States Default
Tag: profit
The AIG Bailout Worked – Taxpayers Earned $22.7 Billion in Profit
President Obama did what he felt was right. He authorized the bailout of AIG and received what seemed to be a never ending amount of criticism from Republicans and their news channel, Fox News. But according to the latest report from the Treasury Department, it appears that the AIG Bailout was the right move, and… Continue reading The AIG Bailout Worked – Taxpayers Earned $22.7 Billion in Profit
Rick Perry Tried To Gain Benefits From Dead Texans
This is as slime-ball low as slime-ball low goes. A story in the Huffington Post details a scheme by Governor Rick Perry of Texas to make money off the dead. The scheme, according to the report, spoke about an arrangement the Perry administration proposed, where Wall Street investors would bet on how long retired teachers… Continue reading Rick Perry Tried To Gain Benefits From Dead Texans