Submit a Story!
Paulson: Um, change of plans on the bailout money
Paulson: Um, change of plans on the bailout money
The money bit (pun intended) comes at 1:15. [...] Read the rest »
Treasury wants rest of bailout money from Congress
politico.com — This is a marked change of tone from previous Paulson hints that the second wave could be left... to Obama. (more) Treasury wants rest of bailout money from Congress
Comments
Blog Reactions

Repeal the Bailout
Anwyn's Notes in the Margin — I am sick and tired of reading the ever-changing scenarios under which the government or its component part Treasury will spend the $700 billion of bailout money. Do not buy up bad mortgages. Do not inject government capital into either private or public businesses. Let the banks either foreclose or renegotiate with the mortgaged holders themselves, which is not as far-fetched an idea as you’d think (note to Ed Morissey: Exactly why, if lenders do this, should the taxpayer take the risk instead of the bank investor?). People are already bitching and ...

Related Content
Paulson
corner.nationalreview.com 12/19/2008 — I supported the Paulson plan, but, man, it's gotten ugly. Here's my column today.
Washington Post Changes Already Written Article on Obama Helping Paulson Get Bailout Money
firedoglake.com 12/7/2008 — The Washington Post appears to have changed an already published article without noting the change. The original article started out: President-elect Barack Obama's transition team has agreed to accompany Treasury Department officials to meet ...
Paulson: We have "humiliated ourselves as a nation"
calculatedrisk.blogspot.com 11/14/2008 — From CNBC: Paulson: Worsening Crisis Forced Change in Strategy "By the time the process with Congress was completed, it was clear that we were facing a much more severe situation than we had envisioned earlier on," Paulson said in a live interview. ...
Another way to think about Paulson
meganmcardle.theatlantic.com 11/26/2008 — A friend IM's:  "For all those salivating at the thought of a second New Deal, this is what 'bold, persistent experimentation' looks like -- kinda  messy."  Indeed.  My question:  will consumer confidence be bolstered more by ...
Um, what exactly did McCain just mean on SNL?
americablog.com 11/2/2008 — UPDATE: Reader Jack writes about the opening skit on SNL that McCain just did. I just watched it again, Jack is correct about the words that were used. You decide what McCain was referring to: The final joke mccain made was a reference to the C word swear to god! paraphrased McCain: "So when you ...
Um...
librarygrape.com 4/11/2009 — Sorry to share the pain with you but this video is just horribly mesmerizing:
Change That Is Not Change… And Iran
westernfrontamerica.com 12/9/2008 — Well, now. Isn't this interesting! Obama's change is not exactly the change many on the political left had expected of him. Some on the left are even claiming that Obama's foreign policy, what little we know of it yet, is akin to that of George Bush's father, George H. W. Bush. Obama ...
Paulson: No Plans to Seek Rest of TARP—For Now - Economy * US * News * Story
cnbc.com 12/17/2008 — Treasury Secretary Henry Paulson said he doesn't plan to ask Congress for the rest of the $700 billion Wall Street bailout fund before leaving office next month, but indicated that could change if there is an emergency in financial markets. "We have a ...
Paulson on the Job
yglesias.thinkprogress.org 11/22/2008 — The Wonk Room notes Hank Paulson’s disturbing habit of proclaiming that everything is fine just before some new piece of terrible news hits. Just last week he said “the banking system has been stabilized.” Now Citigroup is on the ...
"How is the government going to 'get its money back' if the [auto bailout] money has been spent and the firms are bankrupt?"
althouse.blogspot.com 12/11/2008 — Mickey Kaus asks. 1) How is the government going to "get its money back" if the money has been spent and the firms are bankrupt? Only by liquidation, it would seem. So does the bailout deal eliminate the option of restructuring (as an ongoing ...