Asset and Wealth Protection
GOP criticizes government over handling of AIG bonuses
In reaction to the bill that imposes a tax on bailed-out companies’ bonus recipients, a Republican congressman has said the move may be ‘legally questionable.’
Outrage grows over AIG bonuses
News that the troubled insurance giant AIG has paid multimillion dollar bonuses to its staff as the company was being bailed out by taxpayers has prompted calls for an investigation.
Taxpayers' coalition: Obama's first 50 days 'devastating'
Americans for Tax Reform (ATR) has set out to systematically expose the Obama administration’s failure to live up to his campaign promises on taxation.
Report: Political contributions prevented Wall Street regulation
A new report issued by Essential Information and the Consumer Education Foundation concluded that multibillion-dollar contributions to Washington politicians have resulted in deregulatory decisions that led to the current financial crisis.
Obama tax hikes may total $2.2 trillion
There has been no shortage of critical voices in response to President Obama’s new budget proposal, and one organization claims there may be more than a trillion dollar in hidden taxes.
Value of pension funds continues to fall
A new survey has revealed that the funding status of moderate risk pension portfolios fell by more than six percent in February.
Greenspan: Banks need capital for recovery
Alan Greenspan may be currently taking some heat as the man whose policies enabled financial institutions to lend irresponsibly, but he has faith in the U.S. market to recover within the next year – as long as banks receive the capital they need.
Could we be facing another Great Depression?
International economists are warning that unless the U.S. economy sees signs of a turnaround in the near future, the country could be headed for a deeper recession – or even a depression.
McConnell to Congress: Take caution before spending taxpayers' money
Senate Minority Leader Mitch McConnell has warned Congress not to rush plans for an early 2009 stimulus package, in order to avoid "wasting" taxpayers’ money.
Obama budget unrealistic, says RNC
The Republican National Committee has blasted the Democratic administration’s $3.6 trillion budget proposal as too lavish and based on unrealistic economic expectations.
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