Green Energy
John Stossel on America's contemporary Wesley Mouch's:
Hat tip: Jack Frake
Crossposted at The Dougout
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Green Energy
The Economic Dictators
John Stossel on America's contemporary Wesley Mouch's:
This month, The Atlantic carries a fairly chilling account of how former Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke bullied Bank of America CEO Ken Lewis into going forward with the Merrill Lynch merger...even though Lewis feared it might be disastrous for his company. To me, it reads like something out of Atlas Shrugged, with Paulson and Bernanke taking turns playing the role of Economic Dictator Wesley Mouch. The account is based on depositions of Paulson and Lewis:Who knew? Chicago politicians are indistinguishable from the villains in Atlas Shrugged.
Paulson—known as “The Hammer” since his days on the offensive line at Dartmouth—did not mince words with Lewis. “I’m going to be very blunt,” he said, according to Lewis’s deposition. “We’re very supportive of Bank of America and we want to be of help, but the government does not feel it’s in your best interest for you to call a MAC.” According to Lewis, Paulson told him the government felt “so strongly” about this that he said, “We would remove the board and management” if Lewis tried to invoke it. At that, a shaken Lewis stood down again.
Hat tip: Jack Frake
Crossposted at The Dougout
- Fox Analyst Charlie Gasparino Says, Jp Morgan $13 Billion Fine Was Political Punishment For Criticizing Obama
“This is something, most of it, that JP Morgan did not do. This was something they inherited. They were asked to buy Bear Stearns. They were asked to buy Washington Mutual. During the financial crisis of 2008. Asked by the US government by Treasury...
- Bernard Lewis Turns Out To Be The Wrong Man For The Job
I used to think more highly of Prof. Bernard Lewis, but now, after reading some clearer revelations about him from both Diana West and Andrew Bostom, I realize that Lewis isn't being frank, or seems to be pulling his punches when he discusses the...
- Ayaan Hirsi Ali Is My Hero
Watch this video and see why. Watch, as Avi Lewis, a liberal Canadian, interviews Hirsi Ali, and scoffs at her critique of Islam, and her notions of Democracy in general, and America in specific. Now, if you are interested, listen to this interview...
- Bernard Lewis: Muslims 'about To Take Over Europe'
(JPost) Islam could soon be the dominant force in a Europe which, in the name of political correctness, has abdicated the battle for cultural and religious control, Prof. Bernard Lewis, the world-renowned Middle Eastern and Islamic scholar, said on Sunday....
- Bernard Lewis Sees The Threat
In a stunning reversal, Bernard Lewis joins with Bat Ye’or and Bruce Bawer to warn that Islam could soon dominate Europe. Read it here. Hat Tip Rebecca. Lewis says, “Europeans are losing their own loyalties and their own self-confidence. They have...