Umpqua Bank Takes Bailout it Doesn’t Need

Remember how George Bush, Henry Paulson and other supporters of the $700-billion bailout for banks swore up and down how the taxpayer money was desperately needed so that banks could lend money to main street Americans? Well, it now appears that’s not what the money was really for at all. The Bush Administration just handed Umpqua Bank, one of the Northwest’s largest financial institutions, $214 million in taxpayer bailout cash. Continue reading 

Lipstick on a Pig

Forget about Joe the plumber, what about Amy the makeup artist and Angela the hairstylist? The New York Times reports that the McCain campaign pays makeuper Amy Strozzi $11,400 a week to work on “Carribou Barbie” Palin. That makes Strozzi the highest paid campaign worker on the McCain/Palin payroll. Continue reading