-
Recent Posts
- IIHS Toughens Front Crash Prevention Testing
- Southern Labor Rights Boosted at VW. Daimler Next
- EPA Finalizes Pollution Reduction Standards for Power Plants
- Ford Motor Posts Q1 2024 Net Income of $1.3 Billion
- Death of the Diesel – EPA Clean Heavy-Duty Vehicles Grants
- Toyota Tacoma Pickup Adds First Hybrid Powertrain in 2024
- GM Posts $3 Billion in Q1 Earnings. Raises 2024 Guidance
- Sudden Power Loss Recall – Bronco Sport, Maverick Trucks
- Earth Day – Solar Grants from The Inflation Reduction Act
- April 20 – aka 420 – Marijuana Impaired Driving is Illegal
- Nissan Arc Business Plan is Sinking?
- NHTSA Probing Whether Ford Fire Recall is Adequate
- EPA Grants Emergency Fuel Waiver for Ethanol
- US Justice Department Expands Carjacking Task Forces
- EV Grumblings – 2025 Toyota Camry Will Be Hybrid Only
Recent Comments
- Janet L. Yellen on EPA Celebrates Inflation Reduction Act Anniversary
- Lael Brainard on Auto Industry Continues to Rebound from Pandemic Lows
- United Auto Workers Union on EPA Finalizes Vehicle Pollution Standards for 2027-32
- Sam Fiorani on Bidenomics and the State of the Union
- Gary Wilson on GM Expands Airbag Recalls Over Supplier ARC’s Objections
Archives
Meta
Tag Archives: socialism for the rich
Treasury Receives $2 Billion TARP Repayment from American International Group. U.S. Taxpayers Still out at Least $51 Billion
During the financial crisis and Great Recession caused by Wall Street financiers, the U.S. Government’s support for AIG totaled approximately $180 billion. After today’s repayment, the taxpayers remaining outstanding investment in AIG through Treasury is $51 billion. Not one of the involved executives has been prosecuted for what were various forms of financial fraud that lead up to the near collapse of the global financial system and the ongoing Great Recession. Continue reading