Free Republic

As the saying goes, "When you find yourself in a hole, stop digging." This advice applies to the hole Congress leapt into by bailing out the airline industry back in March through the Coronavirus Aid, Relief and Economic Security Act. Now these companies want even more taxpayer money. The federal government should refuse another bailout. Like many industries affected by the COVID-19 pandemic, airlines have lost a lot of revenue. But unlike other industries, the coronavirus relief bill authorized up to $32 billion for payroll support through Sept. 30, for roughly six months. Basically, the way it worked is that...

NBC is reporting on yet another green scheme going belly-up and this one is a big one. Scott McGrew reports: Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus. "I was told by a security guard to get my [stuff] and leave," one employee said. The company employs a little more than 1,000 employees worldwide, according to its website. Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said "it...

As a bankruptcy expert, Elizabeth Warren has seen the devastating effects on families when their finances collapse. She has also watched the number of bankruptcies escalate, rising 400 percent in the past 25 years. By the end of the decade, she says, an estimated 6 million families with children - 1 in every 7 such families - may declare bankruptcy. This year, more children are going through their parents' bankruptcies than their parents' divorces. But Ms. Warren, a law professor at Harvard, rejects the conventional theory that overconsumption - squandering money on big-screen TVs, McMansions, restaurant meals, oversized cars, and...

Boston Archdiocese Seeks Moral Bankruptcy The archdiocese of Boston is seeking permission from the Vatican to declare moral bankruptcy. Of course they remain silent about the moral part, due to their inability to sort that kind of thing out. In the archdiocese effort to retain their extensive real estate holdings they are considering legal bankruptcy proceedings to get out of paying the monetary compensatory responsibility they have to the children they have screwed. Screw them once; screw them twice they plan to continue to do what they do best. The institutional cover by the church for their pedophiles is as...