$133 billion.

That’s how much taxpayers are still owed from the bailouts three and a half years after the money started pouring out of Washington.

That’s according to Christy Romero, the acting Special Inspector General for TARP.

Back in September of 2008, at the height of the financial crisis, Congress authorized $700 billion for the bailout of financial companies... continue reading »

A big victory for unions in Ohio will likely mean a major problem for taxpayers. Ohio voters are defeating a new law limiting collective bargaining abilities. The law - which hadn't yet taken effect - was thrown out. That means current union rules will stand until the state legislature comes up with another plan... continue reading »

Taxpayers are getting some payback on their bailout of one of the world's biggest insurance companies: AIG.

... continue reading »

Yesterday I told you about Eugene Isenberg - the former CEO, but current chairman of Nabors Industries. He received a $100 million bonus just for switching jobs - despite his company's stock dropping by nearly 20 percent this year... continue reading »

I was sad to read today that the rate of homeownership is down again. It's now fallen by the largest amount since the great depression in the last 10 years alone.

According to the Census Bureau, that rate declined by 1.1% points to 65.1%. Ownership rates were down in every single region of the country.

... continue reading »