Free Republic

Wis. Democrat says return to Capitol unlikelyAssociated Press - February 20, 2011 11:45 AM ET MADISON, Wis. (AP) - A Wisconsin senator says he does not believe Senate Democrats will return to work unless Gov. Scott Walker shows a willingness to negotiate on his plan to effectively eliminate union rights for most public employees. Sen. Jon Erpenbach of Middleton said Sunday he remains at a Chicago hotel. He says Senate Democrats scattered outside of Wisconsin had a conference call Saturday night and remain united in their tactic to try to slow down the bill. **SNIP** He says unions agreed to...

AIG Bailout: How American Taxpayers Saved European Banks by: Prieur du Plessis January 28, 2010 While the AIG (AIG) controversy rages and the enquiry into the bailout gathers momentum, Professor Linus Wilson of the University of Louisiana (via Clusterstock) has put together a helpful chart showing exactly how the bailout was constructed and indicating which banks got how much. Two things stand out: The Treasury’s overpayment for preferred stock was a crucial part of the bailout, and though Goldman Sachs (GS) is usually held up as the bad guy here, SocGen (SCGLY.PK) received $2.5 billion more, remarked Clusterstock. Fascinating stuff,...