Conservative Analysis of US Government Bailouts

Since the savings and loan scare in the 1980s, industry bailouts by the federal government have become an ever-increasing -- and increasingly-expensive -- phenomenon.

After the $700 billion bailout was approved in the fall of 2008, industries and individual companies began jockeying for position behind Wall Street and courting Congress for a chance to tell their litanies of woe. Auto makers, airline companies -- perhaps even the retail sector -- were all in need of a quick infusion of cash. Meanwhile, US taxpayers remained hesitant about spending money, apparently believing their government had already spent it for them.

Wall Street One Year Later: What Has Obama Learned?
Sept. 14, 2009
Amidst all his talk of health care reform, it seems the economy snuck up on President Barack Obama Monday, as the one-year anniversary of the Lehman Brothers collapse rolled around.

Bailout Billions Go to Bank Barons' Bonuses
Jan. 30, 2009
Less than two months after Congress and President George W. Bush agreed to send $700 billion to the banking industry to "rescue" Wall Street, it was revealed on Jan. 29, 2009 that those very same banks had been using the money to pay out more than $18 billion in bonuses to top executives. How predictable.

The Auto Bailout: More Proof of Bush's Conservative Betrayal
Dec. 12, 2008
President George W. Bush has once again circumvented the will of Congress -- and the people -- by announcing today that if the lawmakers on Capitol Hill won't give money to the Big Three automakers, he will.

Obama and the Auto "Industry" Bailout
Dec. 8, 2008
After listening to the Big Three auto executives, Congress is gearing up to spend $15 billion on an industry that needs $134 billion to stay afloat. Predicting what will happen is not difficult when Washington politicians make it so easy.

Bailout Baloney
Dec. 5, 2008
The Big Three returned to Washington, this time to ask for $34 billion -- $9 billion more than the $25 billion they wanted just a week before. Lawmakers would do well to think of the auto industry as a helpless wino. Don't give him a quarter to go out and buy more booze; take some time and go buy him a meal instead.

NO MORE BAILOUTS
Nov. 20, 2008
After Wall Street got its handout, the American auto industry got in line to get its piece of the pie. Americans began to wonder -- would the airline industry be next? If so, what would be next? The retail sector?

Who was responsible for the the 2008 financial meltdown?
Oct. 2, 2008
There was plenty of blame to go around, but it seemed that President George W. Bush got most of it. Was he really to blame?

Was the $700 billion financial market bailout plan even necessary?
Oct. 2, 2008
By allowing banks, hedge funds and pension plans to succeed or fail on their own, the market self-corrects and exposes poor financial practices. Why bail out companies that can't cut it?

What do conservatives think about the $700 billion financial market bailout plan?
Oct. 2, 2008
Find out what conservatives think about the idea of a bloated US government bailing out a bunch of bloated corporate giants (as if you didn't already know).

Despite Financial Crisis, Presidential Debate Goes On
Sept. 26, 2008
Despite John McCain's call to delay tonight's presidential debate to work on the Wall Street financial crisis, the Republican nominee has announced he will give Democrat Barack Obama the press appearance he has so arduously sought.

Conservatives & the Wall Street Bailout Plan
Sept. 22, 2008
What do conservatives have to say about the federal government's plan to spend $700 billion to bail out the ailing financial markets? Was the bailout necessary? And, if so, why do conservatives oppose it?

McCain's Freddie/Fannie Plan: Reform, Reduce, Recuperate
Sept. 9, 2008
Two years ago, Arizona Sen. John McCain criticized his colleagues in the Senate for not doing enough to squelch the bloated monsters that Freddie Mac and Fannie Mae had become.