Posts Tagged ‘bankruptcy’

Monopoly Man Goes Bankrupt

Tuesday, December 2nd, 2008

What happened to that $700 Billion?

Saturday, November 22nd, 2008

I am sure you still remember the whole financial crisis occurring a few months back. Major investment and banking firms closing their doors for good. And we still continue to see our economy domestically and globally spiraling downward. As for the $700 Billion the government decided to give Wall St.

Where did that money go? Better yet where did it come from?

Naturally the money is coming from taxpayer’s pockets. As a taxpayer you are probably wondering where the money went? I am not quite sure because the government is still giving more money to Wall St., for example AIG was granted an additional $37.8 Billion on 10/9/08 on top of their original $85 Billion on 9/16/08.

Now the car companies want a bailout. How about bailing out the U.S. taxpaying citizens that are truly hurting. Everyday you hear more stories about friends, family, and others losing their jobs, homes, cars, credit, and more… It doesn’t seem like the government is ready to bail you out.

So why doesn’t the government bailout the American people? Better yet how could the government bailout the American people?

Not sure why the government chooses to bailout criminals on Wall St. but not you or me. Just think if the government granted each taxpaying citizen a check for $100,000 you would be able to keep your home, car, and credit up to date. Small business owners would have money to invest into their company which would boost our economy. This would create jobs and a boom in the U.S. economy.

As for people who don’t pay their taxes or cheating the system. They would miss out on this opportunity. And people who don’t know how to manage money well will just blow it but at least it will be going back into the US economy. Because I have not seen a dime of that $700 Billion they gave Wall St.

Although I have seen my stocks plummet to nothing, my 401K become a disaster, and all my other living expenses have gone up while my pay checks stay the same…. This is not the American way… I am sure our founding fathers are rolling in their graves!

By:
Doug from IloveROADHEAD

11/21/08 “Head” lines

Friday, November 21st, 2008
e=mc2 103 years later Einstein’s proven right
Nebraska lawmakers vote to limit safe haven law
Taco Bell lawyers get tough with rapper 50 Cent
Fannie &  Freddie Suspend Foreclosures Through 1/9/08
Scottie Pippen Calls Bull on Learn.com
Dog Crashes Van Into Coffee House
Catching Up With Artie Lange
Now who’s drowning in debt? Bill collectors
Citi lobbys lawmakers &  SEC to reinstate short sell ban
MICHAEL JACKSON has become a Muslim and changed his name to MIKAEEL
Attorney General Michael Mukasey Doing Good After Thursday Collapse
Florida teen commits suicide in front of webcam
$150 Million in ransoms paid to pirates
Ken Griffey Jr. goes to Washington

Who’s Nailin’ Paylin

Saturday, October 25th, 2008

Here is the “Who’s Nailin Paylin” video. Courtesy of Spankwire.com

Sumner Redstone Losing Wife & $1.6 Billion in Debt

Wednesday, October 22nd, 2008

Entertainment mogul, Sumner Redstone is facing some serious financial problems. His National Amusements Inc company is about $1.6 billion in debt!

Besides his financial woes, Redstone is now facing personal problems. The 85 year-old has filed for a divorce from his wife of five years.

According to documents, Redstone petitioned for divorce this past Friday.

The files say Sumner and his 46 year-old wife, Paula Fortunato, already have a settlement agreement.

The two married back in 2003 and have no kids together.

And as for the reason for the split?

It’s the ever too common, “irreconcilable differences,” excuse.

9/22/08 “Head” lines

Monday, September 22nd, 2008
Bankruptcy judge orders victim to pay back thief
Kitsap Sun Stolen Chihuahua Turns Up at Vet’s After Ingesting Meth
Average person breaks at least one law a day
Governor Schwarzenegger: I Hit the Bong with Chong
Wash Your Suit And Hair Together
Morgan Stanley to sell 20% of itself
DJ AM & Blink-182’s Barker should recover after plane crash
Jalopnik.com Drunk Man Arrested For Having Sex With Chevy Blazer
MILLIONS AT RISK OF FORECLOSURE FRAUD

Bankrupted by Bush

Monday, September 15th, 2008

President Bush Sucks!

More bad economic news today… Lehman Brothers filed for the biggest bankruptcy in history, Bank of America said it would buy Merrill Lynch and AIG slumps as insurer rushes to raise capital

For those of you who are Howard Stern fans, you probably knew this day was coming. In 2000, before Bush became president, Howard Stern predicted that if Bush became president that he would bankrupt this country. So far, Stern’s prediction is right.  Let’s hope we can last another two months before the Bush bankrupt’s the entire world.


9/15/08 “Head” lines

Monday, September 15th, 2008
Train engineer may have been texting at time of accident.
Apparently ‘the freshman 15′ refers to how many girls will be raped this semester at UConn
Public School Teacher Could Get Fired for Using Muslim Student as Example of Terrorist
Breakdown of deaths caused by Ike
Zambrano throws no-hitter as Cubs beat Astros
Man loses $341 million at the roulette table
Kayaker breaks own leg to survive
George Bush is a fan of the Jonas Brothers does anyone care?
Bank of America to buy Merrill Lynch for $50 billion
Phillies sweep makes NL playoff chase interesting
Batman now says foul language
Lehman Brothers investment bank says it will file for bankruptcy
Howard Stern guest announcer George Takei marries longtime partner Brad Altman