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White House

Timothy Geithner

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youtube.com - 30 days ago

"TARP on Steroids" (video)

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At a 9/23/09 hearing, Treasury Secretary Tim Geithner refuses to accept even a $1 trillion cap on his request for a secret new bank bailout - one more far-re...

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washingtonindependent.com - 10/28/2009

Rep: Finance Safeguards Just ‘TARP on Steroids’ « The Washington Independent

— washingtonindependent.com — In the wake of the recent financial meltdown, it sounds like a reasonable idea: A proposal granting... the White House broad new authority to take over when a failing institution threatens to drag others — perhaps the whole economy — down with it. Yet ... (more) Rep: Finance Safeguards Just ‘TARP on ...

White House

Washington, D.C

Comments vote downundo vote up Open Left - Quick Hits's RSS Feed found this 10/28/2009found this

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thehill.com - 10/29/2009

Geithner rejects $1 trillion limit on bailout power

— thehill.com — In my questioning of Treasury Secretary Timothy Geithner before the Financial Services Committee on Wednesday, I focused... on the new bailout authority included in the 618-page legislative proposal submitted by the Treasury Department. In my opinion, ... (more) Geithner rejects $1 trillion limit on bailout power

White House

Timothy Geithner

TARP

Bailout Plan

Comments vote downundo vote up Open Left - Quick Hits's RSS Feed found this 10/29/2009found this

1

faustasblog.com - 30 days ago

Is a Pay Czar constitutional?

— faustasblog.com — Those of us who are asking whether a “czar”, who is not under Congressional oversight, is allowed... under the Constitution to set wages in private industry have an answer by Michael McConnell: The Pay Czar Is Unconstitutional Kenneth Feinberg hasn’t been confirmed by the U.S. ... (more) Is a Pay Czar constitutional?

White House

Barack Obama

TARP

United States

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"TARP on Steroids"
Open Left - Front Page — Many readers here likely remember September 29th, 2008 - for a brief moment, the U.S. House extended a big middle finger at Wall Street, and the entire political, media and corporate Establishment subsequently went apeshit. Though it only lasted a few days, the standoff helped further controversialize the Troubled Asset Relief Program, and thus ultimately forced the addition of some (albeit mild) restrictions on its power. Most of us who opposed the TARP as written - and there were not many willing to take that position - were not against taking any action. We were against Congress trampling the constitution and turning ...

David Sirota: "TARP on Steroids"
Politics on HuffingtonPost.com — Many readers here likely remember September 29th, 2008 - for a brief moment, the U.S. House extended a big middle finger at Wall Street, and the entire political, media and corporate Establishment subsequently went apeshit. Though it only lasted a few days, the standoff helped further controversialize the Troubled Asset Relief Program, and thus ultimately forced the addition of some (albeit mild) restrictions on its power. Most of us who opposed the TARP as written - and there were not many willing to take that position - were not against taking any action. We were against Congress trampling the constitution and ...

TARP on Steroids
Suburban Guerrilla — At a 9/23/09 hearing, Treasury Secretary Tim Geithner refuses to accept even a $1 trillion cap on his request for a secret new bank bailout – one more far-reaching than even the TARP. But you’ll notice we have a very, very strict ceiling on what we’ll spend on our own citizens for healthcare!