tpmmuckraker.talkingpointsmemo.com - 1/17/2009
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Remember how, back when Congress was negotiating with the Bush administration over the terms of the bailout, one of the major sticking points was Rep. Barney Frank's insistence that taxpayers receive equity in the companies we were saving, so that we could at least get our money back down the ...
freewillsf.blogspot.com - 1/19/2009
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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
weeklystandard.com - 1/17/2009
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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
gallup.com - 1/15/2009
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gallup.com —
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 ...
(more)
Americans Want Details Before Release of More TARP ...
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Hodes Blasts ‘Whitewash’ IG Report on Pentagon Pundits
The Hollywood Liberal —
Hodes Blasts ‘Whitewash’ IG Report on Pentagon Pundits The Defense Department inspector general has absolved the Pentagon of any guilt for its systematic farming-out of military officials to promote the Iraq war on TV. But Rep. Paul Hodes (D-NH) isn’t about to let the issue drop. From a… [image] [image] TARP: What Did We Get For Our Money? Remember how, back when Congress was negotiating with the Bush administration over the terms of the bailout, one of the major sticking points was Rep. Barney Frank’s insistence that taxpayers receive equity in the companies we were saving, so that… [image] [image] Jury Still Out On Wiretapping Verdict’s ...
Pentagon Releases Report On TV Pundits Program
The Hollywood Liberal —
Pentagon Releases Report On TV Pundits Program It’s Friday at 4pm on the last business day of the Bush administration. So of course, the Pentagon has just released its report on its TV pundit program, which it used to promote the Iraq war, that the New York… [image] [image] Big Surprise: Bush Administration Claims On Missing Emails Likely Overstated Yesterday, the Washington Post reported the claim by a Justice Department lawyer that the White House had, at the eleventh hour, found the famous “missing emails” which for four years it’s been claiming that the dog ate — I mean,… [image] [image] TARP: What Did We Get For Our Money? Remember ...
Rahm Emanuel Signals Deep Defense Spending Cuts
Open Left - Front Page —
... Making the public spending aspects of the stimulus plan permanent, cutting defense spending and ending the Bush tax cuts would collectively serve as a an even more progressive re-arrangement of federal spending than President Clinton's 1993 budget. Expand the public expenditure parts of the stimulus, and start running TARP better (more foreclosure mitigation, higher ownership stake in the companies receiving the money, higher rate of return on the preferred stock), and we might be getting close to what Paul Krugman has called ...
Related Content
This Is What Taxpayers Are Getting For TARP
wizbangblog.com 1/25/2009 — Former Merrill Lynch chief John Thain, the architect of the firm's sale last year to Ken Lewis' Bank of America, was lauded for selling the company at a time when...
Bankers say they 'get it' on bailout
swamppolitics.com 2/11/2009 — by Frank James
Vikram Pandit, Citigroup's chief executive officer, is really, really sorry his company was going to buy that French-made private jet and it won't happen again.
Pandit told lawmakers at a House hearing today:
Mr. Chairman, the world is changing very fast and we need to ...
Bankers: Take your TARP money back - Mar. 27, 2009
money.cnn.com 3/30/2009 — NEW YORK (CNN) -- There's a growing sense among some bankers that Troubled Asset Relief Program known as "TARP" has become toxic. As a result, they want to bail out of the bank bailout program."It should be called 'TRAP,' not TARP," said Brian ...
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:...
Adventures in Lobbying
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
balloon-juice.com 2/15/2009 — Surprise good news in the TARP bill that President Obama just signed. I could get used to this.
A provision buried deep inside the $787 billion economic stimulus bill would impose restrictions on executive bonuses at financial institutions that ...
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 ...
TARP Covers the Well-Connected
corner.nationalreview.com 2/3/2009 — Rep. John Shadegg (R., Ariz.) is hopping mad over a Wall Street Journal story from last week on the role of political influence in determining where the bank bailout money is going. Institutions in his state have received nothing, but powerful ...
TARP: The Looming Debacle
powerlineblog.com 4/28/2009 — On April 21, the Special Inspector General for the Troubled Asset Relief Program Act of 2009--"SIGTARP"--submitted his quarterly report to Congress on his office's activities in relation to the TARP program. The report is a disquieting document that ...
Fed Backs Obama's Bailout Request —
Wash Post In Congress 1/14/2009
Top officials of the Federal Reserve yesterday offered the most detailed proposals yet for overhauling the rescue of the financial system, urging Congress to release the next batch of bailout money and arguing that a stimulus program alone is not ...
Senate Votes To Release Rescue Funds To Obama —
Wash Post In Congress 1/16/2009
The Senate voted yesterday to release the second half of the Treasury's hugely unpopular initiative to stabilize the fragile U.S. financial system, granting President-elect Barack Obama virtually unfettered authority to spend $350 billion to revive ...