Tuesday, March 24, 2009

Obama Hits the AIG Spot: Supernews



Obama, Biden, Hillary and top cabinet members resort to drastic measures to deal with the AIG problem.

From: "SuperNews!" An animated sketch comedy series airing on Current TV.

Thursday, March 19, 2009

P.R.I.N.T. Money



This is a parody of the Free Credit Report.com "New Car" ad featuring U.S. financial heads Ben Bernanke, Hank Paulson, and Timothy Geithner (click on names to learn more about each individual)
The lyrics basically listed some of the problems we're facing, and crispy and freshly printed cash are on its way to "solve" the problems.

Written and Produced at Flinch Studio for Mark Cuban's "Blog Maverick"

If you would like to watch the original ad by
Free Credit Report.com click HERE

Now Auto Suppliers are getting Money

The Treasury Department stated on March 19 that they will give auto suppliers up to $5 billion in financial aid who are with the Detriot's carmakers. The Treasury said that the funds would come out of the Troubled Assets Relief Program. It would create financing for the auto part suppliers. General Motors Corp., Chrysler, and Ford can join the program if they are willing to pay up to a 5% fee or roughly $250 million to join the program. I don't like this idea because the auto companies have already gotten large sums of money already. If they are doing that bad, then they should just give up instead of wasting all of that money on a failing company


http://finance.yahoo.com/news/Auto-suppliers-to-get-5-apf-14692156.html

House votes to tax AIG bonuses

On thursday, the Democratic house approved a bill that would tax the employees who revieved the big bonuses. The votes were overwhelming with 328 "for" the bill and only 93 "against" it. About 98% of the Democrats said yes and about 50% of the Republicans said yes.

http://news.yahoo.com/s/ap/20090319/ap_on_go_co/aig_outrage