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Houses Passes TARP Reform and Accountability Act
DownWithTyranny! — ... for the use of the TARP funds. The final vote was 260-166, with 10 right wing Democrats joining all but 18 Republicans in opposition. These putative Democrats' names should be familiar to all DWT readers. They're the ones who always delight in crossing the aisle, voting against the interests of working families and then running back to their districts and bragging how they oppose Nancy Pelosi. Yesterday's batch: Jason Altmire (PA), Bobby Bright (AL), Tim Holden (PA), Ann Kirkpatrick (AZ), Jim Marshall (GA), Mike McIntyre (NC), Walt Minnick (ID), Collin Peterson (MN), ...

Giving Gillibrand a Chance
Open Left - Front Page — ... , then voted in favor of Barney Frank's oversight bill on Wednesday, and then voted against the release of the second half of the funds yesterday ...

1/26: Let's Agree To Disagree
Blogometer — ... majority and the newly arrived Democratic trifecta does appear to have altered the congressional playing field. It now seems likely new alliances can be formed for progressives, and no approach to passing progressive legislation, or stopping bad legislation, should be dismissed out of hand. Case in point: the Wall Street bailout, otherwise known as TARP. Gillibrand voted against it back in October , then she voted in favor of the auto bailout in December , then voted in favor of [MA Rep.] Barney Frank 's oversight bill on Wednesday , and ...

Newest GOP Complaint On Stimulus: There’s Not Enough Housing Aid (Which We Voted Against Last Week)
Think Progress — ... Conservatives seem to be the ones actually “leaving the housing crisis out of the equation.” Only 18 Republicans voted for the TARP legislation; 156 voted against it. Last summer, conservatives also put up a ...

“Republican” Leonard Lance: 60% Voting Record with Liberals
PoliPundit.com — ... them for a 60% voting record with the Democrats! What a disgrace to call yourself a Republican with that kind of a voting record. His latest vote with the Democrats was one of ONLY THREE Republican votes in the House for passage of the bill. Here is the Leonard Lance Voting Like a Liberal Scorecard: 1. HR-12 Paycheck Fairness Act - Voted NO 2. S-181 Lily Ledbetter Fair Pay Act - Voted YES (switched vote from NO on HR-11) 3. HR-2 SCHIP - Voted YES 4. HR-384 TARP Bailout - Voted YES 5. HR-1 Stimulus Package - Voted NO His YES votes ...

The Bonuses Could Still Be Stopped
Open Left - Front Page — ... This legislation was passed by the House only eight days ago, over the objections of all but 18 House Republicans. It is still be possible for Senate Democrats to pass a mirror to HR 384, and send it to President Obama's desk. In fact, such a bill would have to first be passed through the Banking Committee, chaired by Senator Dodd. Further, if Democratic Senators were urged to pass this legislation by the Obama administration, it is likely that such legislation could be passed next week, given the massive influence President Obama has with Senate Democrats. And then, poof, the ...

The Bonuses Can Still Be Stopped
Open Left - Front Page — ... This legislation was passed by the House only eight days ago, over the objections of all but 18 House Republicans. It is still be possible for Senate Democrats to pass a mirror to HR 384, and send it to President Obama's desk. In fact, such a bill would have to first be passed through the Banking Committee, chaired by Senator Dodd. Further, if Democratic Senators were urged to pass this legislation by the Obama administration, it is likely that such legislation could be passed next week, given the massive influence President Obama has with Senate Democrats. And then, poof, the ...

Geithner and Summers AIG Bonus Timeline
Open Left - Front Page — ... in restricted stock or similar form that cannot be liquidated or sold until the government has been repaid." The Senate promptly releases the second $350 billion of TARP money later that same day. January 16th, 2009: Senator Banking Chair Chris Dodd informs this website that, based on assurances received from Larry Summers, he will not introduce legislation in the Senate that will mirror HR 384, the TARP Reform and Accountability Act. Even though HR 384 eventually passes the House, and includes extensive requirements on executive ...

How Geithner's Bailout Plan Created The AIG Bonus Scandal
Open Left - Front Page — ... , which was supported by all 58 Democrats, and only three Republicans. In the House, it took the form of the TARP Reform Act, was favored by 242 Democrats but only 18 Republicans. Overall, across the House and the Senate, only 10 Democrats, compared to 193 Republicans, voted against legislation that might have stopped the bonuses. ...

Which Conferees Stripped Dodd's Anti-Bonus Language?
Open Left - Front Page — ... Which conferees stripped the language? Given that all three of the four Republicans (Camp was the exception) voted to prevent restrictions on excessive compensation (see here and ...

It's Fine That They Voted To Claw Back The Bonuses, But How About Some Criminal Charges?
DownWithTyranny! — ... Twenty-four of the 29 Republicans currently on the House Financial Services Committee voted against a January bill that would have placed strict limits on compensation for executives of companies receiving bailout funds.  ...