Obama Lobbies for Release of Second Half of Bailout

Early Morning Swim
Firedoglake — ... Israel continues its assault on Gaza. More appeasement! I don't like the sound of this. Did they learn anything from the first one? Wingnut revisionism on the New Deal spreads. Are there any Republicans left? Wait. You mean he was actually serious about running? "Joe" "The Plumber" update. This makes what, three?

The Early Word: Transition Winds Down
The Caucus — ... used and the tone he struck. Mr. Obama has sought to strike a balance: emphasizing the depth of the problem, to create a sense of political urgency for Congress to act quickly, while not being so pessimistic that he could further destabilize the jittery financial markets or deplete the sense of energy and hope accompanying his election. Meanwhile, Mr. Obama has dispatched his aides to Capitol Hill to push for the release of the second half of the $700 billion bailout fund. Although The Times’s David M. Herszenhorn reports that both the incoming and outgoing ...

Dodd: A Letter on Bailout Limits Might Be Enough
TPM Election Central — ... on companies receiving funds under the Troubled Assets Relief Program (a.k.a. "the bailout"). The Frank bill is poised for a vote in the House this week, timed to coincide with the joint Bush-Obama call for Congress to release $350 billion more in bailout money. ...

Four Reasons to Oppose the Bush-Obama Request for Another $350 Billion Bailout
Open Left - Front Page — ... First and foremost, as the New York Times reports, "The first $350 billion in bailout money has been fully allocated and the Treasury says there is no urgent need for more." On top of this, the first $350 billion has been a complete disaster - as the bailout's congressional oversight panel reports, there has been almost no transparency or even basic proof that the bailout is working to do anything other than subsidize bank consolidation and executive bonuses. ...

David Sirota: Four Reasons to Oppose the Bush-Obama Request for Another $350 Billion Bailout
Politics on HuffingtonPost.com — ... First and foremost, as the New York Times reports, "The first $350 billion in bailout money has been fully allocated and the Treasury says there is no urgent need for more." On top of this, the first $350 billion has been a complete disaster - as the bailout's congressional oversight panel reports, there has been almost no transparency or even basic proof that the bailout is working to do anything other than subsidize bank consolidation and executive bonuses. ...

Sirota: Four Reasons to Oppose the Bush-Obama Request for Another $350 Billion Bailout
The Latest on Air America — ... . The question is whether Congress should agree to this request or not, and I am against it for four reasons that I mentioned on CNBC. REASON 1: Treasury Says It Doesn't Need the Money First and foremost, as the New York Times reports, "The first $350 billion in bailout money has been fully allocated and the Treasury says there is no urgent need for more." On top of this, the first $350 billion has been a complete disaster - as the bailout's congressional oversight panel reports, there has been almost no transparency or even basic proof that the bailout is working to do ...

COLUMN: That Old Saying In Tennessee
Open Left - Front Page — ... . Indeed, the New York Times reported this week that "the Treasury says there is no urgent need" for Congress to approve the next $350 billion of the bailout. ...

David Sirota: That Old Saying In Tennessee
Politics on HuffingtonPost.com — ... . Indeed, the New York Times reported this week that "the Treasury says there is no urgent need" for Congress to approve the next $350 billion of the bailout. ...