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Our goal is to positively influence our readers by presenting accurate, reliable information regarding the formative stages of our country as well as current national events. About Lux Libertas...
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While reading today I found some interesting visualizations and comparisons for the current government bailout - http://www.ritholtz.com/blog/2008/12/more-bailout-comparisons/
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http://online.wsj.com/article/SB122643423580318185.html?mod=rss_Politics_And_Policy
NOVEMBER 12, 2008
Democrats Plot Detroit Rescue
By JONATHAN WEISMAN, GREG HITT and JOHN D. MCKINNON
Democratic leaders in Congress said Tuesday they will push legislation next week to use the $700 billion Wall Street rescue fund to bail out Detroit auto makers, and President-elect Barack Obama ordered his transition team to look at ways to aid the [...]
http://townhall.com/news/us/2008/11/12/pelosi_supports_new_help_for_ailing_us_automakers?page=full&comments=true
Wednesday, November 12, 2008
Pelosi supports new help for ailing US automakers
By KEN THOMAS
House Speaker Nancy Pelosi wants Congress to support a financial bailout for the troubled U.S. auto industry, which is suffering under the weight of poor sales, tight credit and a sputtering economy.
Pelosi, D-Calif., said Tuesday she was confident that lawmakers would [...]
http://www.heritage.org/Research/Budget/wm2060.cfm
September 11, 2008
Putting the Brakes on the Automaker Bailout
by James L. Gattuso and Nicolas Loris
WebMemo #2060
Nothing gathers a crowd in Washington like the sight of money being handed out. Thus, in the wake of this weekend’s federal takeover of Freddie Mac and Fannie Mae, automobile manufacturers in the United States were requesting [...]
http://online.wsj.com/article/SB122628060458212379.html
Monday, November 10, 2008
Nationalizing Detroit
In the Washington mind, there are two kinds of private companies. There are successful if “greedy” corporations, which can always afford to pay more taxes and tolerate more regulation. And then there are the corporate supplicants that need a handout. As the Detroit auto makers are proving, you can go from being the first [...]
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/08/AR2008110802000_pf.html
Reid, Pelosi Urge Treasury to Extend Aid to Automakers
By Lori Montgomery
Washington Post Staff Writer
Sunday, November 9, 2008
With the nation’s automotive industry hemorrhaging cash, congressional leaders called on the Bush administration yesterday to offer government assistance to the car companies as part of the Treasury Department’s $700 billion emergency rescue program.
The call came one day [...]
http://townhall.com/columnists/ThomasSowell/2008/11/04/a_sound_economy?page=full&comments=true
Tuesday, November 04, 2008
A “Sound” Economy?
by Thomas Sowell
The truest thing that Senator John McCain said during this election campaign is what got him into the most trouble: “The economy is sound.”
“Sound” does not mean bullet-proof. Nor does it mean that everything is going wonderfully at the moment or that nothing needs to be done.
You may [...]

