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Stop the madness now!
This Link is located in the Public Channel Naked Capitalism.
Posted by MyPropsMonkey 1 hour 17 minutes ago (feedproxy.google.com).  Views: 1
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I have bailout and deficit fatigue just like most Americans. It is abundantly clear that this Administration has absolutely zero intention of purging any malinvestment or promoting any deleveraging. All they want to do is continue business as usual and go [More...]
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Krugman on AIG
This Link is located in the Public Channel Calculated Risk.
Posted by MyPropsMonkey 4 hours 43 minutes ago (feedproxy.google.com).  Views: 1
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it seemed only fair for [the financial companies] to bear part of the cost of the bailout, which they could have done by accepting a “haircut” on the amounts A.I.G. owed them. Indeed, the government asked them to do just that. But they said no — and that [More...]
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Grayson Post-Mortem On Last Night's Historic Fed Transparency Victory And The Revelation Of Barney Frank's Hypocrisy
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Posted by MyPropsMonkey 6 hours 5 minutes ago (zerohedge.com).  Views: 1
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... they've been doing. The bailouts have been wrong, the macro policies have been wrong, until we put this on the table, we can't correct it." Full clip below:   Visit msnbc.com for Breaking News, World News, and News about the Economy [More...]
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WSJ: Why No One Expects a Strong Recovery – When you repeal sound economic policies you repeal their results
This Link is located in the Public Channel Commodity Trade Alert.
Posted by MyPropsMonkey 7 hours 7 minutes ago (commoditytradealert.com).  Views: 2
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Even without this year’s stimulus bill and last year’s bailout of the financial system, nondefense discretionary spending authority still grew by 10.1% in fiscal year 2009 and is projected to rise by another 12% in fiscal year 2010. Forty-three cents of [More...]
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The Big Squander - Earlier this week, the inspector general ... (Paul Krugman/New York Times)
This Link is located in the Public Channel memeorandum.
Posted by MyPropsMonkey 7 hours 58 minutes ago (memeorandum.com).  Views: 2
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Paul Krugman / New York Times: The Big Squander  —  Earlier this week, the inspector general for the Troubled Asset Relief Program, a k a, the bank bailout fund, released his report on the 2008 rescue of the American International Group, the [More...]
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Obama Administration Attempting to End Bailout Program
This Link is located in the Public Channel reddit economics.
Posted by MyPropsMonkey 8 hours 3 minutes ago (nytimes.com).  Views: 0
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Tempers Flare In Clash Over Fed Secrecy As Grayson Reminds Watt: "The Road To Hell Is Paved With Good Intentions"
This Link is located in the Public Channel The Daily Bail.
Posted by MyPropsMonkey 8 hours 21 minutes ago (dailybail.com).  Views: 2
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... audit, plus Paul and Grayson for daring to question the great Bernanke and his central banking wisdom. "A vote for the Watt amendment is a vote for more secret bailouts." "The Federal Reserve is more secretive than even the CIA!" [More...]
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Geithner-To-Goldman Clock Now Ticking Louder...
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Posted by MyPropsMonkey 8 hours 42 minutes ago (feedproxy.google.com).  Views: 1
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  He has recovered from early missteps, and those who still loathe the Wall Street bailouts, PPIP, AIG, and other Geithner policies have cooled down now that the stock market is rising. So, for the moment, Geithner's job is safe.  Which [More...]
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The Washington establishment suffers a serious defeat
This Link is located in the Public Channel Glenn Greenwald's Blog.
Posted by MyPropsMonkey 9 hours 21 minutes ago (feeds.salon.com).  Views: 1
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 Anger over the Wall Street bailouts, the control by the banking industry of Congress, and the impenetrable secrecy with which the Fed conducts itself resonates across the political spectrum, as the truly bipartisan and trans-ideological vote [More...]
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The Court System Deals The Commercial Real Estate Death Blow
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Posted by MyPropsMonkey 9 hours 23 minutes ago (feedproxy.google.com).  Views: 1
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We think there's something to what Saft is saying, though he then goes onto make the case for a bunch of new bailouts for a commercial real estate, including a new Fed lending facility and all kinds of favorable tax treatment. Read the whole thing [More...]
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The AIG Bailout Is Still A Mystery Shrouded In Lies
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Posted by MyPropsMonkey 9 hours 23 minutes ago (feedproxy.google.com).  Views: 1
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But why did the Fed bailout AIG? And why did they do it in a way that was so generous to the CDS counterparties? What overcame the initial resistance to bailout out AIG?  For the past year, the reigning theory has been that the New York Fed [More...]
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Ron Paul Slams The Watt Amendment: "The American People Are Sick And Tired Of Secret Government"
This Link is located in the Public Channel The Daily Bail.
Posted by MyPropsMonkey 9 hours 31 minutes ago (dailybail.com).  Views: 1
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HR 1207 Audit The Fed Video: Ron Paul Attacks the Watt Amendment -- House Financial Services Committee -- Aired November 19, 2009 -- Runs 5 Minutes Watch "This is the bill that would allow the American people to win" "Who's benefiting [More...]
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Obama Must Create Jobs... Or Else!
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Posted by MyPropsMonkey 9 hours 44 minutes ago (feedproxy.google.com).  Views: 1
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... manner or other. Join the conversation about this story » See Also: The Second Stimulus Is Now A Done DealObama's Approval Rating Dips Below 50%Obama Trying To Figure Out How To Extend Bank Bailout Without Triggering More Public Outrage [More...]
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Ivy Zelman: “Home prices are going back down”
This Link is located in the Public Channel Naked Capitalism.
Posted by MyPropsMonkey 9 hours 48 minutes ago (feedproxy.google.com).  Views: 1
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If you’re looking and wondering where the next bailout will be, take a good look at the F.H.A. Not only is this agency guaranteeing hugely delinquent loans, but the Economic Stimulus Act of 2008 doubled the maximum loan that it could insure to $729,750 in [More...]
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HR 1207 Audit The Fed Update: Transparency Wins Another Round
This Link is located in the Public Channel The Daily Bail.
Posted by MyPropsMonkey 9 hours 56 minutes ago (dailybail.com).  Views: 1
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Though a substantial victory, it's still just another step in a battle that will not end until Banks Obama signs the legislation, which he likely will not do unless its cleverly attached to another bill whose passage he deems crucial. A quick [More...]
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Geithner Cagey On Folding TARP
This Link is located in the Public Channel Forbes Magazine - Most Popular Stories.
Posted by MyPropsMonkey 17 hours 4 minutes ago (forbes.com).  Views: 1
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Treasury secretary declines to give end date for bailout program, as Republican senators push for it to sunset at year end.
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Video: Beck forgets attacks on Obama supporters
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Posted by MyPropsMonkey 19 hours 6 minutes ago (msnbc.msn.com).  Views: 4
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19: Fox News’ Glenn Beck expressed his unhappiness with msnbc’s Norah O’Donnell correcting a young girl about Sarah Palin’s support of the bailout bill, claiming young Obama supporters were never attacked during the campaign. Countdown’s Keith Olbermann [More...]
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Fed Balance Sheet Hits Record $2.2 Trillion In Assets On $71 Billion Weekly Increase In MBS
This Link is located in the Public Channel Zero Hedge.
Posted by MyPropsMonkey 19 hours 52 minutes ago (zerohedge.com).  Views: 3
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Maiden Lane I and Maiden Lane II (Bear bailout special) were at $26.3 and $15.7 billion, while Tim Geithner's Goldman rescue package better known as Maiden Lane III came at $22.9 billion. Foreign holdings increased by $16.7 billion to $2,932 billion. A [More...]
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