Congressional Bailout

Snow, Quayle, Feinberg and Merkin: This Is Who Gets Our Bailout Money?

Dennis O'Brien | Posted 01.08.2009 | Business

Read More: Junk Bonds, Drexel Burnham Lambert, Chrysler, John Snow, Chrysler Bailout, Ezra Merkin, New York Law School, Gmac, Cerberus, Auto Bailout, Chrysler Cerberus, Cerberus Capital Management, Ascot Partners, Dan Quayle, Henry Paulson, Financial Crisis, Bernard Madoff, Nyu, Cerberus Capital, Ariel Mutual Funds, GMAC Bailout, Steve Feinberg, Congressional Bailout, Detroit Bailout, Business News
Dennis O'Brien

As a completely unregulated private equity partnership, Cerberus has no public reporting requirements. In fact, they are now refusing to disclose their finances even after the bailout.

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The Sky Is Still Falling

Norman Horowitz | Posted 01.02.2009 | Politics

Read More: White Collar Crime, Congressional Bailout, Bush Administration Spending, Financial Crisis, Paulson Travesty, Henry Paulson, Media and the Recession, Bush Administrationt Tax Cuts, Recession, Bush Tax Cuts, Politics News
Norman Horowitz

Why not begin this with a possibly irrelevant aside? About thirty years ago my boss at Columbia Pictures, David Begelman, was sentenced to community...

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The Bush Presidency in Four Words

Bennet Kelley | Posted 01.01.2009 | Politics

Read More: Iraq War, Constitution Bush Years, Financial Bailout, Abu Ghraib Torture, Guantanamo Detainees, Katrina Anniversary, Halliburton Iraq, Bush Lies, George Bush Legacy, California Energy Crisis, Bush Tax Cuts, Katrina Bush, Bush Administration Foreign Policy, Recession, Bush Dissaproval Ratings, Dick Cheney, Bush Administration, Bush Administration Torture, Congressional Bailout, Financial Crisis, Us Funding Iraq, Bush Administration Iraq, Corporate Bailout, Politics News
Bennet Kelley

The one word Americans use most to describe President Bush is "incompetent." While no compliment, the word fails to convey the condemnation warranted by the last eight years.

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We're All Nonprofits Now

Tom Tresser | Posted 12.22.2008 | Chicago

Read More: Competition, Nonprofits, Bail Out, Finance, Public Education System, Business Competition, Financial Bailout, Non-Profit Business, Congressional Bailout, Non-Profit Business Model, Auto Industry Bailout, Not for Profits, Chicago News
Tom Tresser

In a market economy, if you try to start a nonprofit or dedicate yourself to working for a nonprofit, you get no special credit. You have to pay your bills, same as the next person.

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You Morons, What Have You Done With Our Money?

Gail Vida Hamburg | Posted 12.22.2008 | Business

Read More: Henry Paulson, Elizabeth Warren, Government Bailout, Bailout, Barney Frank, Economic Crisis, Associated Press, Taxpayers Dollars, $700 Billion Bailout, Cpa, Henry Paulson Plan, Neel Kashkari, Bailout Money, Bank Bailouts, Rita Beamish, Congressional Bailout, Frank Bass, Brad Sherman, Rajiv Chandrasekaran, Corporate Bailout, Bailout Oversight Panel, Executive Bailout, Corporate Bonuses, Business News
Gail Vida Hamburg

Was it too much to ask Congress to examine this government intervention in the free market critically before authorizing the transfer of US taxpayer dollars to benefit the banking sector?

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Did God Do It? Blaming The Crisis On The Divine

Danny Schechter | Posted 12.07.2008 | Business

Read More: Barack Obama. Hank Paulson, Jerry Falwell, Joe Stiglitz, Depression, Economy, Donald Trump, Economic Crisis, Banker Bailout, Recessionaires, Recession, Economic Czar, Bailout, Donald Trump Blames God, Congressional Bailout, Deregulation, Financial Crisis, Ben Bernanke, Business News
Danny Schechter

Donal Trump Blames Crisis on Divine Intervention: As the Job Losses Mount, the Government's Bailout Flouders/Fails It has taken a while for the stars...

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Bail Out The People: A Wild Idea Worth Taking Seriously

Dale Pendell | Posted 12.04.2008 | Business

Read More: Bailout, Economy, Economic Stimulus Package, Stimulus Package, Congressional Bailout, Economic Crisis, Financial Crisis, Bailout for the People, Business News
Dale Pendell

Let's try something new. How about a $55,000 loan, available to every taxpayer? It's the people who are undercapitalized. Give the people a stake in America and see what they'll do.

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A Turning Point: But Where Are Our Legislators?

Saskia Sassen | Posted 11.26.2008 | Politics

Read More: Politics, Global Financial Crisis, Treasury Department, 700 Billion Dollar Bailout, Fed Accountability, Congressional Bailout, Bloomberg News Suing Fed, Bloomberg News, Bank Bailout, The Fed, Citigroup, Politics News
Saskia Sassen

The Fed has now committed to such a vast amount of debt in return for what are most probably dodgy securities, that is has become a source of national insecurity.

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Journalist to GOP: You're 100 Percent Wrong About U.S. Automakers

Diane Tucker | Posted 11.18.2008 | Business

Read More: Chapter 11, George Bush, Harley-Davidson, Toyota, Alan Mulally, Rick Wagoner, Honda, Diane Tucker, Recession, Barack Obama, Ford Motor Co, Detroit Automakers, Chevrolet Volt, Bailout, General Motors, Economic Recession, Recession Fears, Tariffs, Financial Crisis, Peter De Lorenzo, Richard Shelby, Auto Industry, John McCain, GM Bankruptcy, Fuel Efficiency, Green Cars, Foreign Car Industry, Foreign Cars, Fuel Efficient Cars, Imported Cars, Gm Chapter 11, Congressional Bailout, Business News
Diane Tucker

"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."

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Industrial Base

Ray Kimball | Posted 11.17.2008 | Business

Read More: US Auto Industry, Big Three Automakers, Government Bailout, China Industry, Bailout, U.S. Military Technology, National Security, Congressional Bailout, General Wesley Clark, Financial Crisis, Foreign Industry, Auto Industry Bailout, Procurement, Defense Spending, India Industry, Detroit Bailout, Business News
Ray Kimball

The hard truth of the matter is that truly innovative ideas, which could be "game-changers" on the battlefield, have been AWOL from Detroit's methods of operation for some time now.

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Fat Cat CEOs, Bailout on Wall Street and 'Say on Pay'

Arlene M. Roberts | Posted 11.17.2008 | Business

Read More: Performance Based Equity, Shareholder Interest, Performance Pay, John Waggoner, James W. Keyes, Corporate Governance, Golden Parachutes, Troubled Asset Relief Plan, Verizon, Say on Pay, Vonda Brunsting, Blockbuster Inc., Value Creation, Bailout, Executive Compensation, Tarp, Aflac, Federal Bailout, Bankruptcy, Recession, Goldman Sachs, Merrill Lynch, Aig, Henry Paulson Goldman Sachs, Congressional Bailout, Henry Paulson, Bear Stearns, Lehman Brothers Bankruptcy, Chief Executive Officers, Business News
Arlene M. Roberts

Corporate Executives jump ship, golden parachutes intact, while employees lower down the totem pole walk away having lost retirement accounts, nest eggs and health care coverage.

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Are Voters Cynical on Taxes, or More Grown Up Than Our Leaders?

Scott Bittle and Jean Johnson | Posted 11.13.2008 | Politics

Read More: Tax Cuts, Government Spending, Taxes, Economic Stimulus, Federal Deficit, Barack Obama, Economy, Economic Crisis, Barack Obama Tax Cuts, Spending Cuts and Tax Hikes, Barack Obama Taxes, Tax Hikes, Recession, Federal Budget, National Debt, Federal Budget Deficit, Barack Obama Tax Plan, Spending Cuts, Congressional Bailout, Exit Polls Taxes, Politics News
Scott Bittle and Jean Johnson

Many American have no idea how long the country has been running deficits and they may not have all the numbers at their fingertips, but the general drift has not escaped them.

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Why Not a "Bailout" That Restructures Health Care to Benefit All?

Michele Swenson | Posted 11.13.2008 | Business

Read More: Economic Crisis, Framing Issues, Comprehensive Health Care Reform, Single-Payer Health Care, Financial Crisis, Medicare for All, "Free-Market" Health Care, Health Care Crisis, Prescription Drug Reform, Medicare Advantage Plans, Wall Street Crash, Barack Obama Health Care Policy, Barack Obama Health Care, Congressional Bailout Package, Subprime Mortgages, Congressional Bailout, Business News
Michele Swenson

"Free-market" health care is as perverse an incentive as free-market police and fire protection would be, leaving everyone vulnerable, at the mercy of the marketplace.

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The Million Woman Bailout

Nell Merlino | Posted 11.11.2008 | Business

Read More: Strong Women, Women Rwanda, Women's Rights, Women, Women in Power, Wall Street, Congressional Bailout, Women Rwandan Parliament, Financial Crisis, Women and Business, Rwandan Genocide, Women in Business, Women Business Owners, Corporate Bailout, Women Small Business Owners, Wall Street Men, Business News
Nell Merlino

From my recent experience helping US women grow their businesses, I am convinced women will lead America out of the worst economic crisis since the Great Depression.

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Where's Our Bailout? 3 Kids with Autism. No Job. Again.

Kim Stagliano | Posted 11.10.2008 | Living

Read More: Financial Crisis, Autism, Unemployment, Bailout, Economy, Congressional Bailout, Family Budgeting, Recession, Living News
Kim Stagliano

There is no bailout for people like Mark and me and millions of Americans who have lost or are about to lose their jobs.

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Save SUVs First, Then Kill Them Really Dead

Matthew DeBord | Posted 11.10.2008 | Green

Read More: Hybrids, Bailout, General Motors, Ford, Sustainability, Toyota, Suv, Honda, Detroit, Sustainable Mobility, Big Three Automakers, US Auto Industry, Cars, Chevy, Congressional Bailout, Hybrid Cars, Obama Administration, President Elect Obama, Asian Auto Market, Green News
Matthew DeBord

Assuming a federal bailout, it makes sense that, over the next few years, American carmakers will be re-engaging with the small-car market.

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Key #2 To Your Sound Financial Future

Dr. Cara Barker | Posted 11.10.2008 | Living

Read More: Economy, Global Recession, Living Beyond One's Means, Corporate Compensation, Alchemy, Congressional Bailout, $700 Billion Bailout, Financial Crisis, Passing the Buck, Money Management, Recession, Living News
Dr. Cara Barker

We cannot meet a better life, a more sound financial future, without facing the fact that sooner or later we have to face the habit of living beyond our means.

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You and Your Car: You Better Love the One You're With.

Trevor Traina | Posted 11.10.2008 | Green

Read More: New Cars, Car Care, Car Repair, Congressional Bailout, Hybrid Cars, Buying a Car, Financial Crisis, Cars, Car Industry, Saving Money, Recession, Car Maintenance, Green News
Trevor Traina

The reality has set in that whatever is in your garage now will likely be there next year too.

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Greenspan's Model

Aaron Greenspan | Posted 11.03.2008 | Business

Read More: Financial Crisis, Autism, Alan Greenspan, Millenials, 2008 Election, Barack Obama, Economic Crisis, George W. Bush, Autism Health Care, Bush Administration, Stem-Cell Research, Wall Street Crisis, Congressional Bailout, Cuyahoga County Board of Mental Retardation and Developmental Disabilities, Health Care, Ccbmrdd, Business News
Aaron Greenspan

After an excruciatingly long wait, we are finally at the end of a dark era in our nation's history.

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The Great Recession

Larry Abrams | Posted 10.31.2008 | Business

Read More: Economy, Bob Marley, The Next President, Robert Reich, Bretton Woods, Karl Marx, Obama Administration, The Great Recession, Robert Pollin, Capitalism, Nicolas Sarkozy, Ken Mehlman, Communism, Congressional Bailout, Secretary of Labor Reich, Ben Bernanke, Jeb Hensarling, Socialism, Keynesians, Bank Bailout, Business News
Larry Abrams

We need an economic system of checks and balances where the public sector competes with the private sector and keeps it honest, and vice versa.

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Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 10.30.2008 | Business

Read More: Goldman Sachs, Hank Paulson, Wall Street, Wells Fargo, U.S. Treasury, Henry Paulson, $700 Billion Bailout, Warren Buffett, Congress, Alan Greenspan, American Dream, Richard Kovacevich, Wall Street Crash, Stockholder Bonuses, Congressional Bailout, Financial Crisis, Treasury Secretary, Corporate Bonuses, Business News
Leo W. Gerard

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

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The Daily Szep -- Reaching Out to The Low and Middle Class

Paul Szep | Posted 10.29.2008 | Politics

Read More: Republican Elite, Financial Crisis, John McCain, Capitalism, Congressional Bailout, Mccain-Palin, Sarah Palin, 2008 Presidential Race, Politics News
Paul Szep

...

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The Olympics of the Swindles

Major R. Owens | Posted 10.28.2008 | Business

Read More: Wall Street Crash, Fdic, David Leonhardt, Credit Default Swaps, Semi-Nationalized Banks, S&L Riot, Subprime Mortgages, Congressional Bailout, Charles Keating, Henry Paulson, Financial Crisis, S&L Resolution Trust Corporation, Sub-Prime Mortgage Crisis, S&L Crisis, Savings and Loan Scandal, Economy, Seidman, Alan Greenspan, Business News
Major R. Owens

The present economic collapse, which will surely devour more than a trillion taxpayer dollars within the next six months, utilized an earlier model -- the Savings and Loans swindle.

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Why The Government Can't "Fix" the Crisis

Danny Schechter | Posted 10.25.2008 | Business

Read More: Moral Hazard, Bernanke, Hedge Funds, Consumer Spending, Greenspan, Fianacial Crisis, Greed, Treasury Department, Depression, Free Market Capitalism, Federal Reserve Bank, Market Confidence, James Suriwieki, Capitalism, Recession, Lehman Bros, Aig, JPMorgan Chase, Consumer Confidence, Wall Street Crash, Congressional Bailout, William Buitner, Bear Stearns, Alan Greenspan, Market Collapse, Business News
Danny Schechter

In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.

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When It Comes to Slicing the American Pie, McCain Serves Only the Rich

Leo W. Gerard | Posted 10.24.2008 | Politics

Read More: Saks Fifth Avenue, Republican National Committee, John McCain, Joe the Plumber, Karl Rove, Poverty, Hank Paulson, Middle Class, Election ’08, Federal Reserve, Drew Griffin, $700 Billion Bailout, Valentino Garavani, Democrats, Sarah Palin, Barack Obama, Cnn, Unemployment, Wall Street, Joe Sixpack, Brother’s Keeper, Health Insurance, San Francisco, Paul Krugman, Foreclosure, Ben Bernanke, Socialist, Mortgage Bankers, Stimulus Package, Costco, Wall Street Crash, Financial Crisis, Obama Socialist, Obama Convention Speech, Congressional Bailout, Deregulation, Politics News
Leo W. Gerard

McCain and Palin are running around the country pretending the GOP ticket represents the best interests of the working class and small business owners. It's all false rhetoric and no real action.

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