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Talking Points Memo | A (Slightly Incendiary) Question For Readers: Deja Vu?
Here's a question that, quite literally, kept me awake last night. Before acceding to Barack Obama's request for another $350 billion of financial bailout money, the House is set to take up a bill from Financial Services Committee chairman Barney Frank (D-MA) that would require some cash to be ...
 Obama and the Winds of Change (Deja Vu Remix) (video)
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Obama and the Winds of Change (Deja Vu Remix) (video)
youtube.com — Barack Obama promised to bring change to Washington, D.C. How's that working out so far?... (more) Obama and the Winds of Change (Deja Vu Remix) (video)
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Obama Team: We Promise We'll Do Second TARP Differently
TPMMuckraker — ... not to block the incoming administration from getting the money -- despite the fact that there are no strings attached. Congress could still add restrictions, of course, but, as we've reported in depth over at Election Central, leaders in both the House and Senate have suggested that they won't. Instead, they're apparently willing to accept the Obama team's voluntary assurances that they'll do things differently from the Bush crew. ...

Dodd Will Not Mirror Frank's Bailout Bill
Open Left - Front Page — ... Dodd's willingness to just trust the administration is, as Elena Schor noted earlier in the week, similar to the trust many Senate Democrats placed in the Bush administration when granting them authority to use military force in Iraq. Keep in mind that Dodd was one of the Democratic Senators who gave that authority to the Bush administration. While it can be safely said that there are good reasons to trust the Obama administration more than the Bush administration, HOPE and trust were abandoned as systems of government a long time ago. A far greater level of assurance than a ...

Frank: 'We're Willing to Be the Devil' if Obama Team's Promises For New Bailout Money Aren't Kept
TPM Election Central — ... Ever since the Democratic Congress decided simply to trust the incoming administration to spend its half of the $700 billion financial bailout more wisely than George Bush, I've been wondering why they didn't just pass a law setting those conditions. Incoming White House economic adviser Larry Summers has sent two ...

How Many House Democrats Really Regret Giving Bush That Bailout?
TPM Election Central — ... Jane Harman (CA), Ron Kind (WI), Jerry McNerney (CA), Kendrick Meek (FL), Charlie Melancon (LA), Harry Mitchell (AZ), Ways and Means Committee Chairman Charlie Rangel (NY), Laura Richardson (CA), Mike Ross (AR), Dutch Ruppersberger (MD), House Rules Committee Chairman Louise Slaughter (NY), Zack Space (OH), Jackie Speier (CA), Peter Welch (VT) The genuinely shocking names on that list are Rangel and Davis, a longtime ally of President Obama who didn't feel the need to extend the same trust to him that the Senate did. ...

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