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Thursday
May012014

ALG's Daily Grind - Stimulus tops $3.4 trillion, but where's the growth?

6

May 1, 2014

Permission to republish original opeds and cartoons granted. 

Stimulus tops $3.4 trillion, but where's the growth?
In March, the Fed projected anywhere from 2.8 to 3 percent growth in real Gross Domestic Product (GDP) for the year. Then the numbers for the quarter came in: 0.1 percent growth annualized for the first quarter. 

Cartoon: Offensive remarks

Were the Feds involved in insider trading with GM?
The final numbers are in, and according to Reuters, we, the taxpayers, lost $11.2 billion on the General Motors bailout. However, the bigger question is if Obama officials who were involved in the oversight of operations at GM, were aware of the decade old faulty ignition switch problem that has created a new, gigantic liability for the automaker, prior to dumping the GM shares on the market?

  

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