Howard A. Rodman: Hank and the Swedish Model
Sort by The Huffington Post (Free subscription) - 10/13/2008 - YouTube
Let's Play "WALLSTREET BAILOUT" The Rules Are... Rep Kapture
http://cspanjunkie.org/ September 22, 2008 C-SPAN
Sort by The Huffington Post (Free subscription) - 10/13/2008 - YouTube
http://cspanjunkie.org/ September 22, 2008 C-SPAN
Sort by The Huffington Post (Free subscription) - 10/13/2008
When the world was about to cave in; when Hank Paulson assured us that the only way to keep the world from caving in was...
Sort by The Daily Dish (Free subscription) - 09/24/2008
You sure can't deny Marcy Kaptur's testicular fortitude.
Sort by Balloon Juice (Free subscription) - 09/23/2008
Needs to be given to everyone in Congress: Yes. And at the risk of linking too frequently to someone, what Larison said: What people mean by the now dreaded phrase “too big to fail” is that large firms hold the people hostage and demand public support when they are in distress using the rhetoric of bombers [...]
Sort by Eschaton (Free subscription) - 09/24/2008
Refreshing honesty , right on the House floor. Signed, Not Atrios
Sort by Towleroad (Free subscription) - 09/24/2008
OVERSIGHT: Treasury Secretary Henry Paulson blames Congress for thinking he rejected oversight on bailout measure. FLASHBACK: The Keating Five scandal in a nutshell. REP. MARCY KAPTUR (D-OH): "Let's play Wall Street bailout!" REP. PETER DE FAZIO (D-OR): "we shouldn't be...
Sort by NewTeeVee (Free subscription) - 09/26/2008
Say what you will about the current economic crisis, but peoples’ interest in understanding exactly why financial institutions are crumbling is giving lesser-known political figures their brief moments in the spotlight, which in turn has resulted in many, many C-SPAN clips garnering view rates on par with adorable cat videos. For one thing, after a [...]
Sort by The Sideshow (Free subscription) - 09/24/2008
In Bailout Furor, Wall Street Pay Becomes a Target : " The stratospheric pay packages of Wall Street executives have become a lightning rod issue as Congress shapes a $700 billion bailout for financial firms. Proposals circulating on Capitol Hill vary, but they all would impose some limits or approval authority on salaries of executives whose firms seek help. " I'm told the full graph, as it appears...
Sort by ECHIDNE OF THE SNAKES (Free subscription) - 09/24/2008
Via Avedon at Eschaton. Make sure to watch Kaptur's proposal at the end: Two comments of mine: First, cast your minds back to the time when the bankruptcy reform bill was debated. Isn't it interesting how differently people in financial trouble are treated when they are rich? Second, we need a real and unbiased discussion about what needs to be done and when. I believe that something will have to be...
Sort by Concurring Opinions (Free subscription) - 09/24/2008
This is an outstanding commentary on the bailout: Are other politicians going to recognize the deeper structural roots of the present problems in financial markets? Simply printing more money is not an option: The size of the bailout, analysts said,...
Sort by BlueOregon (Free subscription) - 09/24/2008
I was trying to compose a post on the Great Bailout of 2008 (no easy task when you're a bear of little economic brain), when I came across this clip. It is Representative Marcy Kapture (D-OH), offering a smack-down that was as insightful as it was cathartic. Behold: Hat tip Andrew Sullivan.
Sort by D-Day (Free subscription) - 09/24/2008
I go back and forth on whether this financial situation is a crisis or not. Clearly journalists aren't asking the right questions , but there are reasonable answers to those questions. Clearly the credit markets aren't reacting well and banks are wary of lending each other money, but with Warren Buffett's injection of cash into Goldman Sachs, four of the Big Five investment banks are under relative...
Sort by The Evil Beet (Free subscription) - 09/25/2008
I know we’re talking a lot of politics/economy around here these days, but, like, this is super-duper important, especially this close to an election, and my conversation with my sister last night really alerted me to the fact that a lot of U.S. voters have no clear idea what’s going on here. (And it has [...]
Sort by Advice Goddess Blog (Free subscription) - 09/26/2008
Give it back, ya Wall Street scumbags, right down to the tires on your Mercedes!
Sort by SquareState.net - Front Page (Free subscription) - 09/24/2008
Dear American: I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude. I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you. I am working with Mr. Phil Gram,...