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700 Billion

Supporting Troops, Not Nukes

Eric Sapp | Posted 01.31.2012 | Home
Eric Sapp

It's the 21st Century. The Soviet union crumbled 20 years ago. We didn't use a nuke to kill bin Laden. And it's time for Congress to face the fact that they can either support our troops, or support nukes. You can't do both.

Watchdog: TARP Helped Perpetuate A 'Too Big To Fail' System

Reuters | Posted 05.25.2011 | Home

WASHINGTON (Reuters) - The watchdog panel for the $700 billion bank bailout faulted the U.S. government for the last time on Wednesday, saying the pro...

Momonomics 102: The Wile-E Coyote Bailout

Robyn O'Brien | Posted 05.25.2011 | Home
Robyn O'Brien

How does that impact a family in Houston or a farmer in Iowa? It means that it is going to become harder to borrow money since the banks don't want to make loans.

Make Wall Street Take The Same Deal The Autoworkers Get

Chris Weigant | Posted 05.25.2011 | Home
Chris Weigant

If we're going to minutely examine autoworkers' wages, and dictate the travel plans of one industry we are bailing out, then it seems eminently reasonable to do the same for the banking industry.

Declaring War on the Meltdown

Alan Fein | Posted 05.25.2011 | Home
Alan Fein

A wise Democrat I know argues that a 21st Century WPA-type program is not only good policy; it's also good politics: "Bailing out financial markets is playing defense. I want to play offense."

What Could $700 Billion Buy?

Allison Stevens | Posted 05.25.2011 | Home
Allison Stevens

With the recent passage of the banking industry bailout package, $700 billion is now a household figure. But what that amount of money could buy is no...

The Banking Scandal: Repeating the Same Mistakes and Expecting Different Results

Reese Schonfeld | Posted 05.25.2011 | Home
Reese Schonfeld

The President and Congress have finally allowed us to allocate $700 billion to a policy, about whose success they are, at least reasonably, doubtful. They should enact new regulations.

A Bailout is a Rescue is a Loan

Terry Harr | Posted 05.25.2011 | Home
Terry Harr

Regardless of what it's called, the plan to save the economy needs strict guidelines.

Not a Bailout - A Rescue

Jean Chatzky | Posted 05.25.2011 | Home
Jean Chatzky

If credit dries up and there is no plan, more of your neighbors will lose their homes. Those homes will sit empty because potential buyers will not be able to come up with financing.

Friday Talking Points [49] -- Before And After The First Debate

Chris Weigant | Posted 05.25.2011 | Home
Chris Weigant

[UPDATED -- See part 2 in the Talking Points section.] This week's column will be presented in a sort of semi-liveblogging fashion. What you're getti...

Goldman's Revolving Door: Who is Protecting Whom?

Robyn O'Brien | Posted 05.25.2011 | Home
Robyn O'Brien

Goldman went on a shopping spree buying up mortgages -- yours, mine and your neighbors, and bought 8,274 of them.

Bail Out This!

Joseph A. Palermo | Posted 05.25.2011 | Home
Joseph A. Palermo

What's wrong with dribbling out a little money now, say $150 billion, and then waiting until January 21st when a new president and Congress are sworn in to figure out what to do next?