All Entries Tagged With: "Department of the Treasury"
It’s the Watering System, Stupid!
Based on this experience, I’ve come to the conclusion that Harry Ried is a lot like me. Now, I have to admit here that I just turned to my trash can, thinking I would get sick. But I cannot ignore the reality. I have the same it’s-not-my-fault disease with my grass that he has with the economy.
Obama Needs Your 401(k) to Balance His Budget
…since the day of his inauguration, Barack Obama and his congressional co-conspirators have consistently and unapologetically set out to systematically nationalize the economy of the United States: first the banks; then the insurance companies; then the auto industry; then healthcare; and now the pièce de résistance, the private savings accounts of millions of middle-class Americans.
Mortgage Summit: No New Ideas
Treasury Secretary Timothy Geithner made it clear from the start that the private market would have no influence on the conversation: “We will not support returning Fannie and Freddie to the role they played before conservatorship [in September 2008] where they fought to take market share from private competitors while enjoying the privilege of government support. We will not support a return to the system where private gains are subsidized by taxpayer losses.”
TARP Criticism Misses the Point
When TARP Inspector General Neil Barofsky criticized the Home Affordable Modification Program (HAMP) as being ineffective, he blamed the Treasury Department for not setting clearer goals for that part of the Troubled Asset Relief Program (TARP).
Financial Reform: Expanding Hubris, Limiting Freedom
When the House passed the 2,319-page Dodd-Frank financial reform bill by a vote of 237–192, all it did was confirm for many the extraordinary hubris of legislators believing they could in fact “fix” the problems they themselves created which resulted in the Great Recession of 2008.
Three Ways the Financial Reform Bill Limits Your Freedom
Senator Dodd’s financial reform bill which supposedly calls for financial regulatory reform, despite the GOP lifting the blockade is still a threat to our nation. Once again, our Democratic majority has skipped over what our nation needs in order to do nothing more than create more titles for their higher ups and limit our freedoms through so-called “Financial reform” agenda items.
Housing: Washington Only Delaying Inevitable
Friday’s announcement of more intervention in the housing mortgage market will result in a deeper, longer, and more painful delay in the inevitable decline in housing prices that are necessary to clear the market.
Financial Reform: Pressing On, Regardless
What possible constitutional basis can there be for effecting a takeover of the entire financial sector?
For Goldman Sachs, the Greece Fleece Is Another Ripoff
When Goldman Sachs was implicated in helping Greece deceive the European Union and its own citizens about the extent of its debt and deficits, it was another stone in the growing pile of evidence illustrating the incestuous relationship between governments and central banks.
Captains of the Economy: The ‘Good Ol’ Boy’ Network is Alive and Well
In its attempt to glorify “the 10 who shaped the U.S. economy the most since 2000,” ABC News did a great favor for those interested in the interconnections among the “elite” who are impacting the current world economic and political scene. Naturally, much was left unsaid about these “captains,” especially regarding their connections to the […]
