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  • November 2008
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Tom Schatz on Good Morning America

On ABC’s Good Morning America this morning, scrappy ABC News’ Chief Investigative Correspondent Brian Ross exposed the gross entitlement mentality of the domestic auto execs, who flew corporate jets to Washington, D.C. yesterday in order to….plead poverty and demand a taxpayer-funded bailout for their grossly mismanaged companies!  What hubris.  Watch it here! Here is the transcript: Big Three CEOs Flew [...]

CAGW Prez Tom Schatz Rips TARP on CNBC

Here is a link to a great blog post on CNBC’s covering the weaknesses in the Troubled Asset Relief Program (TARP).

Obama's Net Loss

You would think that a person from Hawaii would understand surfing.  Apparently, Obama’s surfing intellect stops on the beaches of Hawaii. In October 2007, CNETreported that Sen. Obama was asked the question if whether or not he would support and pursue net neutrality.  His answer was unambiguous: “The answer is yes,” Obama replied. “I am a [...]

AIG Execs Punked – Your Bailout Dollars At Work!

KNXV-TV, the ABC News affiliate in Phoenix Arizona got a hot tip and ended up punking shameless AIG executives who are still apparently living large in spite of their repeated claims to need infusions of your money to keep themselves afloat.  Here they are at a a chi-chi golf outing even after tapping the taxpayers for $150 billion in special [...]

GAO Has Scads Of Waste-Cutting Recommendations

The GAO has posted its list of issues in need of serious attention during the transition period to the new Obama administration and beyond.  There is a section which addresses Major Cost-Saving Opportunities and the GAO breaks its recommendations into various categories like Tax Gap, Financial Management, Natural Resources, and National Defense and Homeland Security.  They also give [...]

FREE BEER!

Ok, not really, but how many of you would have read a post with a headline “Free Market to Address Problems with Monoline Insurance Companies.”  Don’t get me wrong, this is interesting stuff, and most importantly could save taxpayers billions (with a “b”) of dollars.  But, it is kind of heady. Here’s the deal, monoline [...]

Librarians Seeking Stimulus!

The line for government handouts in the form of economic stimulus or bailouts is curling around the block.  The supplicants are coming fast and furious.  Today in Real Clear Markets Steve Malanga (Manhattan Institute) comments on the American Library Association’s demands for a $100 million stimulus package.  Malanga thought maybe it was a headline ripped from the satiricial [...]

CAGW Congratulates President-Elect Obama: Please Cut The Waste!

As the 44th President-elect of the United States, Barack Obama has achieved an historic victory.  Upon his inauguration in January, he will inherit a troubled economy, a global war on terror, boots-on-the-ground wars in both Iraq and Afghanistan, and a bloated bureaucracy rife with inefficient, wasteful, and outdated programs.  He will also be working with [...]

FCC Investigates Cable Companies

If you have been following the Federal Communications Commission (FCC) follies on Swineline for any amount of time you will know that FCC Chairman Kevin Martin is no friend of the taxpayer or the free market.  Last month CAGW named him the October Porker of the Month. For years, Chairman Martin has been obsessed with the cable industry.  From A-la-carte to [...]