Truemors
Band-Aid Still Stuck on Big Bailout Banks
" In September last year, the Bush regime left behind its old refrain that “the fundamentals of the economy are strong,” and went to Congress for a quick $700B to bail out collapsing banks stuck with toxic...
Obama Team Promises to Use Part Of Bailout Fund For Reducing F...
There has been much anticipation as to whether the second half of the $700 billion bailout fund would be released or not. The Obama administration is looking forward to its first legislative triumph if ever the...
Person of the Year 2008, Mr. Barack H. Obama
The news shouldn't come as a surprise to anyone when the Time magazine announces its Person of the Year 2008 this morning, and the person is, Mr. Barack Hussein Obama, the 44th President of the United States. ... 
US 20b.Fed Bailout For Sanford I. Weill's Citigroup-Enron Smoking Gun to 911.
The International Institute of Nonviolence News&Opinion By: Rev. Jermano It is pretty amazing stuff that the Fed is now bailing out Citigroup troubles by announcing today a 20 billion dollar injection... 
Sen. Inhofe: Paulson Made Martial Law Threats Re: Wall Street Bailout
Senator James "more outraged by the outrage than we are by the treatment [of tortured detainees]" Inhofe-R OK, has said that Treasury Secretary Henry Paulson made warnings of martial law, a new great depression and civil unrest on a conference call about 2 weeks before the... 
America Reboots As G.O.P. Relegates Itself To Landfill
Only a moronic cleric in denial could confuse the recent seismic shift in American politics with simply a different political perspective of the future. Not to be too intimidating to those that were on the outgoing GOP tide – ’Obamamatics’ brings to the table... 
Debate on Government’s Foreclosure Plan Rages On
Washington is still unsettled as to how to handle the foreclosure crisis."Last November 11, the administration publicized the government’s $ 700 billion plan to refinance delinquent loans controlled by mortgage companies, Freddie Mac and Fannie Mae. The already passed... Naomi Klein: Wall Street is a Multi-Trillion Dollar Crime Scene, Dems are Com...
Naomi Klein, author of the best-selling "Shock Doctrine" about capitalist exploitation of disaster for profit, comments on the Wall Street Bailout, the Federal Reserve extending $2 trillion in emergency loans without disclosing recipients or collateral, the Treasury's illegal... 
Paulson the Cause to World Recession..
The International Institute of Nonviolence News&Opinion By: Rev. Jermano The 700 billion USD bank rescue was about passing legislation to help TARP: Troubled Asset Recovery Program. Since... 'Wells Fargo Ruling' May Be Illegal
The US Treasury, under cover of the uproar over the Wall Street Bailout, issued a notice in which it claimed authority to overturn Section 382 of the Tax Code, a two-decade old law created to stop mega-conglomerates from using shell companies to hide losses and avoid taxes.... Federal Reserve Refuses to Disclose Recipients of $2 Trillion in Emergency Loans
The privately-owned Federal Reserve Corporation is giving away another $2 Trillion in taxpayer's money under rules that were mostly made up in the last 15 months as their economic shell game began to fall apart with the collapse of the Wall Street-inflated housing market... 
Neel Kashkari: Paulson's $700 billion man
The U.S. Treasury will name Neel Kashkari, assistant secretary at the department, to head the new Office of Financial Stability and manage the administration of the $700 billion bailout plan. Neel Kashkari...
Update: Bailout=A Sort of Universal Hedge Fund?
Daniel Gross, contributing to Slate.com, writes ".... It's massively leveraged. It's buying distressed assets. It's taking equity stakes ....", like a hedge fund, his assertion in the article,... 
created by Karen Hatter | 1 year ago | updated 1 year ago
218 views | 13 recommendations | 12 comments
218 views | 13 recommendations | 12 comments
UPDATE: The Paulson Bailout IS a Stick Up!
An article, appearing at Forbes.com, on September 23, 2008, discussing Secretary of the Treasury Henry Paulson's bailout plan, supported by Federal Reserve Chairman, Ben Bernanke, the plan...
created by Karen Hatter | 1 year ago | updated 1 year ago
462 views | 42 recommendations | 14 comments
462 views | 42 recommendations | 14 comments
Text of Secretary of the Treasury's Bailout Plan
Here is a link to the plan offered by Bush administration Secretary of the Treasury Henry Paulson, supported by Ben Bernanke, chairman of the Federal Reserve, to select members of Congress on Friday,...
created by Karen Hatter | 1 year ago | updated 1 year ago
850 views | 19 recommendations | 7 comments
850 views | 19 recommendations | 7 comments
