YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Government bailouts
  • Should the Fed Bail out Blockbuster?

    This week I arrived in my native Nashville, Tennessee after a year away from home traveling throughout this country and abroad. One thing that hasn’t changed about one of my favorite cities in the world is that I’m still allergic to it (*pops another antihistamine*). But quite a few things have changed in just one …

  • On Pelosi’s faith in government as an economic engine

    House Minority Leader and former Speaker Nancy Pelosi (D-CA) said on Thursday that Republicans in Congress may hold out on raising the federal debt limit until a severe downturn in the markets wakes them up. “The Republicans may need to see the markets drop 400 points,” she said, and “[the markets] should encourage Republicans to …

  • It’s Not Our Job to Greece the Wheels

    Q. What is your views on Greece given all the hubub? Would it be better for them to fail and hopefully rise from the ashes, all the while keeping the Euro and staying a full member of the EU or would it be better to at least reinstate the Drachma and break off from the …

  • Obama’s Responsibility Rhetoric

    Politicians are masters at saying one thing and doing another. Translation: Politicians make good hypocrites. A pertinent example is this charge to high-school graduates from a recent speech by President Barack Obama, urging the graduates to:  Take responsibility not just for your successes; take responsibility where you fall short as well. Perhaps the 17- and 18-year-old …

  • Despite CEO’s Claim, GM Still Means ‘Government Motors’

    General Motors CEO Ed Whitacre is all over the airwaves with the company’s new ad touting the fact that it paid back all of its government loan early and with interest. One problem: The loan was only a small part of the total taxpayer money dumped into the struggling car company. PolitiFact details the problem with …

  • More Bailouts, More Government Takeover

    The government already has a huge stake in our economy, but soon it will be even larger. The Treasury announced Wednesday that they will be giving GMAC 3.8 billion dollars to help bailout of the company. The Wall Street Journal reports: The additional aid brings the total U.S. investment in GMAC to $16.3 billion and …