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Treasury Seeks Authority Unchecked by Courts

http://www.bloomberg.com/apps/news'pid=20601070&sid=ae6b6P1L8E_E Treasury Seeks Authority to Buy Mortgages Unchecked by Courts By Alison Fitzgerald and John Brinsley September 21, 2008 (Bloomberg) -- The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets....

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America’s Financial Dictator

Treasury Seeks Authority to Buy $700 Billion Assets By Alison Fitzgerald and John Brinsley The Bush administration asked Congress for unchecked power to buy $700 billion in bad mortgage investments from U.S. financial companies in what would be an unprecedented government intrusion into the markets. The plan, designed by Treasury Secretary Henry Paulson, is aimed at averting a [...]

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Bush Teams Seeks Financial Dictatorial Powers

In order to save the Dow Jones Industrial Average, the Bush administration seeks boundless power that cannot be reviewed by federal courts. Didn’t we try this already at Gitmo, and it didn’t work out so well? from Bloomberg: Treasury Seeks Asset-Buying Power Unchecked by Courts (Update2) By Alison Fitzgerald and John Brinsley Sept. 21 (Bloomberg) — The Bush administration [...]

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Network commentators offering all palaver and no bite

... long enough to look at what McCain and Obama actually have done in the past.Bloomberg reporters Alison Fitzgerald and Christopher Stern found that Obama's record on economic reform was "thin" and that McCain now pledged to become a regulator although he "has spent most of his quarter-century in Congress advocating deregulation".The Bloomberg reporters detailed how the Arizona senator...

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Financial crisis fails to get its just due with TV talking heads

Here's a shout out to the few news organizations, led by Bloomberg News, that have set aside the blathering long enough to look at what McCain and Obama actually have done in the past.Bloomberg reporters Alison Fitzgerald and Christopher Stern found that Obama's record on economic reform was "thin" and that McCain now pledged to become a regulator although he "has spent most of his quarter-century...