We've received many visitors in the past few weeks through our guest appearances at other media outlets.
Here are a few of the links to those appearances, for anyone who wants to check them out.
http://www.npr.org/blogs/money/2008/10/hear_mark_cuban_checks_in.html
Chris Carey, editor of BailoutSleuth, discusses the use of taxpayer money in the bailout with CNNMoney.com:
http://money.cnn.com/video/#/video/news/2008/11/14/news.bailout.sleuth.cnnmoney
(link may need to be copied and pasted in new window)
Chris Carey discusses the bailout and BailoutSleuth on Dan Rea's "Nightside" talk show for WBZ-AM in
http://multimedia.wbz.com/m/audio/21415718/where-is-the-taxpayer-bailout-money-going.htm?q=Dan+Rea
Hey All,
Congrats on this site, it is VERY NEEDED!!! Since D.C. is not keeping tabs on itself someone needs to.
I wonder site might have anything to do with the just announced insider trading charges. Hmmmmm...
"Just shut down the site Mr. Cuban and keep you mouth shut and these charges will simply go away"...Hmmmm
Unfortunately, these will hinder or kill the purchase of the Cubs. So much for an owner that really wants to win.
Keep up the fight and someday we might have a relevant revolution, not just a bumper sticker revolution.
Robbo
I would like to know what Oversight and Accountability mechanism has been set up that was so hearlded a part of this process. Congressional Oversight has not worked in the past. What specific body is "in charge"?
I would suggest a simple formula: Criteria for receiving money be met with specific time lines for achieving benchmarks being met, or money be returned: 1) that any institution receiving bailout money agree to 90 day moratorium on any forclosures (the period for step 2 to be taken or money returned to the fed; 2) 50% of funds be used to capitalize a lending pool for the institution; 3)50% be used to write down current mortgage payments to 30-35% of income for those holding those mortgages (with the federal subsidy used to underwrite one half of the lost value of the mortgage 4)that NO year end bonuses or golden parachutes be paid to ANYONE in any institution receiving bail out funds or that ALL funds be returned to the fed; 5) that no bailout funds be made available to any institution buying up any institution to get such funds.
I am not an economist, but simple steps that can be monitored IN PROCESS with REAL consequences (return of funding)with real transparency and accountability seem to be what is needed.
Thank you. Karl Hilgert fund
Love the site, and great work getting this information out. I especially like the posts about dividends.
One suggestion would be to put a meter at the top of the page on the site showing how much of the bailout has been handed out, and later how much is paid back (if this happens). Just a quick easy way for people to see what is happening.
It's all well and good for those people that took out loans at inflated house prices to get these "subsidies"....but what about others like me that pay their mortgage on time (or early) each month and didn't overextend themselves buying a house that they couldn't afford in the first place?
Philosophical defense of Mark Cuban and background on SEC parasites (or do I repeat myself).
http://www.lewrockwell.com/grigg/grigg-w59.html