Where is our TARP money?

Show us our money. TARP isn’t over says this report. American taxpayers are owed a sizeable amount – a little more than half the amount we loaned on bailouts. " “Report: Taxpayers Still Owed $132.9B From...

Election 2012 - Beware Politicians bearing promises of Jobs

This is a prelude to an article i wrote on Examiner.com: "As this article goes to press, this related and just breaking news: " Zero Jobs Created, August Jobless Rate Stuck at 9.1%  http://bit.ly/obzyvu "] In...

What is the CBO?: The Mandate of the Congressional Budget Office

The Congressional Budget Office had a busy day on March 18 with billion-dollar announcements involving relief programs and health care reform. Budget analysts reported Thursday that over the next 10 years, a health...

Get Goldman Sachs Out Of Our Government!

When the people of Massachusetts made their profound statement on Tuesday by voting for Scott Brown as their Senator, I couldn't help recall reading the testimony of Illinois Attorney General, Lisa Madigan, when she appeared before the Financial Crisis Inquiry Commission...

Big Banks Threaten Constitutional Challenge to TARP Fee

" The brazenness of the financial services industry knows no bounds. The latest sighting comes in the form of a leak (or a plant? of the fact that Securities Industry and Financial Markets Association which is...

Bank of America to Repay $45 Billion in Tarp

BofA to Repay $45 Billion in TARPBank of America to Repay Entire $45 Billion in TARP to U.S. Taxpayers Company to Increase Capital, Enhancing Tier 1 Common Capital Ratio Press Release from BofA Bank of America to Repay Entire $45 Billion in TARP to U.S. Taxpayers From CNBC:...

2009 Wall Street Bonuses: $140 Billion in Taxpayer Money

This past summer, angry tea baggers yelled, screamed and berated Democrat lawmakers over government spending on health care. There was also a protest in Washington D.C. over the taxpayer dollars being used to...

Charlotte Foreclosure Homes Rising, TARP Not Helping

The number of Charlotte foreclosure homes rose another record high in August. Industry experts said that the federal government’s Troubled Asset Relief Program (TARP) failed to prevent thousands of homeowners in North Carolina from losing their properties to foreclosures. "...

AIG and C Stock Quote Rebound: Market Quotes

In Q2, AIG can quote a $1.82 B net income. The results are the first profit reported for the company since 2007. AIG's stock price rallied up 7.8 % due to the Q2 financial report in addition to the positive market indicators on the economy: The monthly unemployment index...

Meadowcraft Jobs on the Line in central Alabama

Everyone tells us the economy is bad and credit is tight, but the economic crisis is personal for thirteen hundred people in Central Alabama.  Plantation Patterns, a subsidiary of Meadowcraft, Inc..with plants in Wadley and Selma has been in bankruptcy since March 20 and...

THE OBAMA DEBACLE?

Despite overheated rhetoric by its defenders, history will not prove kind to George W. Bush and his foreign policy decisions that have been or well be debacles. The Obama administration is quite right to argue repeatedly that the Bush team left behind a foreign policy mess...

CIT Stock Spikes on News of Bondholder Deal

CIT Group, which had been flirting with bankruptcy, has secured some last-minute funding. The news sparked a massive surge in CIT stock. The US federal government had given CIT Group over $2 billion in TARP funding, and recently turned down a request for yet more financial...

List of 10 U.S. Big Banks Approved to Repay $68 Billion Bailout

The U.S.Treasury Department has approved 10 of the country's largest banks to begin repaying $68 billion in bailout money. The banks have been eager to repay the money received through the government's Troubled Asset...

Obama, "Moving Chairs Around"

I Guess Moving Chairs Around and Lobbyists in the White House was not Such a Bad Idea By Albert N. Milliron, Editor, Politisite.com, Iron Mill Interactive Media, Inc This writer followed Barack Obama around the...

Geithner Updates Congress on Government Foreclosures Program

Secretary Geithner presented updates on TARP, the banking sector and the government foreclosures program before members of the Congressional Oversight Panel on Tuesday. " The uncertainty surrounding the health of...

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