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TARP Vote: Obama Wins, Senate Approves $350 Billion
Six Republicans joined with 45 Democrats and one Joe Lieberman to defeat a resolution that would have blocked the release of $350 billion in financial-industry bailout funds Thursday. The Senate action -- or lack of it -- paves the way for the dispersal of the money regardless of any action ...
 The Tarp Song by Bill Zucker       I  Want some tarp (video)
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The Tarp Song by Bill Zucker I Want some tarp (video)
youtube.com — HILARIOUS parody of the government bail out...by Bill Zucker.tell your friends about the funny video....pickup mp3 at... itunes,amazon,etc..comedy..recorded at ... (more) The Tarp Song by Bill Zucker I Want some tarp ...
2009 Senate Democrats Preview
freewillsf.blogspot.com — Obama-time is still two days away, but the legislative branch is already hard at work. For Democrats,... the Senate has always been their special preserve. They are masters of the filibuster, keepers of the Senatorial privilege, and firm adherents to ... (more) 2009 Senate Democrats Preview
Profiles in Courage: Obama's Freshman Democratic Senators
Profiles in Courage: Obama's Freshman Democratic Senators
weeklystandard.com — Of seven newly minted freshman Democratic senators, six voted for releasing the second half of the $700... billion TARP funds in what is being considered Obama's first major test of strength on the Hill. This would be rather uncontroversial had not five ... (more) Profiles in Courage: Obama's Freshman Democratic Senators
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Blog Reactions

Another! Crisis! (Nevermind...)
Swampland — ... But, uh, TARP passed this afternoon. And Geithner is, clearly, going to be confirmed. And Bill Richardson has slipped, barely noticed, into the mists of history. I mean, if Obama keeps on having crises like these, he should breeze through the next four, no, eight years. He won't, of course. He'll hit turbulence. But, given their recent track record, I wouldn't bet against my colleagues missing the real crisis when it comes. ...

Richard Burr’s Bobbing and Weaving on Bank Runs
Matthew Yglesias — ... Still unclear here is why it’s ever a good time for political leaders to be sparking runs on banks. But it’s nice that Senator Burr is acknowledging that we’ve brought some additional stability to the financial system. Under the circumstances, I wonder if he regrets his vote against a key element of the financial stabilization package? ...

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Americans Want Details Before Release of More TARP Funds
gallup.com 1/15/2009 — PRINCETON, NJ -- A majority of Americans (62%) say Congress should block President-elect Obama's request to release the remaining $350 billion in Troubled Asset Relief Program (TARP) funds until more details are provided about how the funds will be ...
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openleft.com 1/26/2009 — When I offered in a blog thread to go lobby on TARP oversight and reform while I was in DC, little did I know that I was going to be asked to write about it on Open Left.  It's a challenge to rise to the standards set by all the wonderful writers ...
TARP Watchdog: Treasury Overpaid For TARP Investments
money.cnn.com 2/5/2009 — WASHINGTON -(Dow Jones)- The three government watchdogs overseeing the $700 billion financial rescue package continued to criticize the Treasury Department's implementation of the plan, suggesting a lack of a strategic vision and raising the concern ...
What Goes Around Comes Around:
volokh.com 1/23/2009 — The Washington Times notes today that many of the recipients of federal bailout funds are also major political donors:...
President Obama to Announce New Boss Salary Restrictions for TARP-Receiving Companies
blogs.abcnews.com 2/4/2009 — Later this morning the White House and Treasury Department will announce new restrictions on executive compensation on financial institutions receiving government funds. An Obama administration official tells ABC News that under the new rules, ...
What Should Be Done With The Next $350 Billion of Taxpayer Bailout: Criteria for TARP II
tpmcafe.talkingpointsmemo.com 1/15/2009 — It's difficult to make the case that the first $350 billion bailout of Wall Street -- so-called "TARP I" -- fulfilled its goals, unless one argues that the Street would have imploded without it, which is pretty much what Hank Paulson is saying these ...
There’s no way out of TARP
sistertoldjah.com 4/6/2009 — (H/T - Lawhawk ) Back at my regular home, both my co-blogger Shoebox and I have been monitoring attempts, some successful, others not, by banks to get out from under the Troubled Assets Relief Program. In today’s Wall Street Journal , Stuart ...
After Kashkari, Who Runs TARP?
tpmdc.talkingpointsmemo.com 2/5/2009 — Amidst all the debate over the stimulus package, Tom Daschle's limos, and when the White House puppies will arrive, it's worth keeping an eye on TARP, the Troubled Assets Relief Program that was supposed to get us out of this mess in the first place. ...
Executive pay caps that survived in the stimulus
dailykos.com 2/15/2009 — Cross-posted from Congress Matters . If you've got a Daily Kos account, you've got a Congress Matters account. Log in with your existing Daily Kos user name and password. Seems some executive pay limits for TARP recipients did survive the ...
A final TARP push from Team ObamaFirst Read 1/15/2009
From NBC's Ken Strickland and Carrie Dann Several Republicans and Democrats publicly warned this week that they would not support releasing an additional $350-billion in TARP money unless they had a clear idea of how that money would be ...
Schapiro Pledges Tough EnforcementWSJ.com: Politics And Policy 1/16/2009
Obama's choice to head the SEC promised to act aggressively to revitalize the embattled agency's enforcement efforts.
Obama receives boost ahead of assuming presidency (AFP)Yahoo! News: Politics News 1/16/2009
AFP - Five days before becoming president, Barack Obama won a major boost when the US Senate released financial bailout funds and Democratic lawmakers unveiled an 825-billion-dollar recovery plan.
Obama Targets a 'Grand Bargain'WSJ.com: Politics And Policy 1/16/2009
The Obama administration has a chance to make a momentous occasion in the U.S. economy -- now, and in the future.
Congress OKs release of final $350B of bailout (AP)Yahoo! News: Politics News 1/16/2009
AP - Congress laid the foundation for President-elect Barack Obama's economic recovery plan on Thursday with remarkable speed, clearing the way for a new infusion of bailout cash for the financial industry while majority Democrats proposed ...