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Government Bailout

Porky the Bailout Bill

Michael Pento | Posted 11.07.2008 | Business

Read More: Government Bailout, Economy, Failing US Dollar, Department of Treasury, Gdp, National Debt, Interest on the Debt, CBO, Congressional Budget Office, The Fed, Business News
Michael Pento

Currently, about ten cents on every tax dollar goes to paying just the interest on the national debt. Interest on the debt alone will grow to 12.4% of our entire GDP by 2050.

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Bin Laden Used a Similar Strategy to Decimate American Capitalism as Reagan Used to Hasten End of Soviet Communism

Miles Mogulescu | Posted 11.06.2008 | Politics

Read More: Fall of Soviet Empire, Government Bailout, War on Terror, Barack Obama Wall Street Crisis, Economy, Global War on Terror, Bailout Plan, Iraq War Funding, Bailout Bill, Osama Bin Laden, Al Qaeda, US Economy, Bush Economy, Iraq War, Financial Meltdown, John McCain Wall Street Crisis, Financial Crisis, Soviet Union, Politics News
Miles Mogulescu

Both men used the same strategy: scare them into an arms race which they couldn't afford and which would undermine the very fabric of their economic, social and political system.

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Gotcha? You Betcha!

Marty Kaplan | Posted 11.06.2008 | Media

Read More: John McCain, Government Bailout, Bailout, Gotcha Journalism, 2008 Election, Media Coverage of 2008 Election, Sarah Palin, Media News
Marty Kaplan

If the kind of gotcha journalism that so irritates John McCain and Sarah Palin were more woven into the fabric of our civic life, we might not be in the mess now consuming us.

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What if They Gave a Bailout and Nobody Noticed?

Howard Schweber | Posted 11.05.2008 | Business

Read More: U.S. Economy, Congress, Bailout, Economy, Wall Street Bailout, Wall Street Crisis, Government Bailout, Business News
Howard Schweber

There is one class of workers who should feel immediately reassured by the bailout. I am talking, of course, about the nice folks on Wall Street who did so much to create this scenario.

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The Whole World Is Watching--And It's Not Pretty

Larry Gellman | Posted 11.03.2008 | Business

Read More: John McCain, Wall Street Bailout, Congress, Wall Street Crisis, Government Bailout, Bailout, Economy, Obama, Biden Palin Debate, Hong Kong, George W. Bush, Sarah Palin Katie Couric, John Mccain Suspends Campaign, 2008 Election, Bush Economy, John McCain Economic Policy, Katie Couric, Sarah Palin, Congressional Oversight, Business News
Larry Gellman

From halfway around the world, it all seems simple. The question is if we are going to keep blaming Washington, Wall Street, mortgage lenders--everybody but ourselves--for our problems.

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The Time To Raise The Maximum Federal Deposit Insurance Coverage

Rep. Steve Cohen | Posted 11.02.2008 | Politics

Read More: Government Bailout, Wall Street Crisis, Fdic, Bailout, Bailout Fails, Politics News
Rep. Steve Cohen

This proposal will not only give consumers more protection in this uncertain environment, but it could help garner more votes from my colleagues.

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Responsibility and the Bailout: Will They Resign If It Fails?

Dean Baker | Posted 11.02.2008 | Business

Read More: Bailout Passes, Wall Street Crisis, Government Bailout, Bailout, Economy, Business News
Dean Baker

Will our political leaders, who promised us that this bailout is the essential medicine for the economy, just get up and tell us that they need still more money?

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Turning a Wall Street Giveaway Into an Economic Rescue for All Americans

David Sirota | Posted 11.01.2008 | Politics

Read More: Henry Paulson, Senate Bailout Bill Vote, Government Bailout, Wall Street Crisis, Bailout, Wall Street, Politics News
David Sirota

After 16 years of aggressive deregulation, the country has figured out that when the Establishment joins in unison to back something for Wall Street, it means taxpayers are about to get fleeced.

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Bailout a Done Deal, So What Happens Now?

Henry Blodget | Posted 03.26.2009 | Business

Read More: Bailout, Economy, Henry Paulson, Government Bailout, Wall Street Crisis, Bailout Outrage, Business News
Henry Blodget

Now that the government has been terrified into rubber-stamping the Wall Street bailout, what happens now? I wish the news were better, but in opinion, here's the most likely scenario.

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The Virtual Economy

Joan Z. Shore | Posted 11.01.2008 | Business

Read More: Financial Crisis, Wall Street Crisis, Government Bailout, Economy, Business News
Joan Z. Shore

Moralists could have a field day with this, blaming greed and dishonesty for the Wall Street disaster. True enough, but how many people saw the fundamental sham and vacuity of the Virtual Economy?

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A Bailout for Index Funds? Not Likely

Dan Solin | Posted 10.31.2008 | Business

Read More: Investing, Index Funds, Government Bailout, Wall Street Crisis, Economy, Business News
Dan Solin

What we are witnessing is more than the restructuring of Wall Street. It should also fundamentally change the way we invest and the kind of information upon which we rely.

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Behind The Scenes: How Congressional Conservatives Induced Financial Crisis

Scott Lilly | Posted 10.31.2008 | Politics

Read More: Government Bailout, Wall Street Crisis, Bailout Fails, Politics News
Scott Lilly

Make no mistake: when the aftermath of Congressional inaction becomes clear, Americans will not tolerate those who stood by and let the calamity happen.

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How Republicans Can Win (and Deserve It)

Stan Goff | Posted 10.31.2008 | Politics

Read More: Pelosi, Wall Street, War, Bush, Wall Street Crisis, Government Bailout, Economy, Bailout Plan, Politics News
Stan Goff

Here's my suggestion for ambitious Republicans facing Democratic incumbents who voted for the bailout -- say no to the bailout, loud and clear -- and call your opponent out for his/her support of Wall Street.

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Putting Policy over Politics

Doug Schoen | Posted 10.31.2008 | Politics

Read More: Bipartisanship, Wall Street Crisis, Bailout Vote, Government Bailout, Bailout, House Bailout, Politics News
Doug Schoen

The recent effort to repair the country's ailing financial system was a perfect opportunity to make historic progress in ending the vicious partisanship that has characterized Washington for decades.

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Jason Linkins

For Bailout Analysis, Look Outside The Mainstream

HuffingtonPost.com | Jason Linkins | Posted 10.31.2008 | Politics

Read More: Wall Street Bailout, Government Bailout, Paulson Bailout Package, Bailout, Espn, Gregg Easterbrook, Media Criticism, Henry Paulson Plan, Politics News

While the political press continues to play with the bright shiny ball that is Who Is To Blame For Everything That Happened Yesterday, I'm picking up ...

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Shame on Congress!

Aaron Greenspan | Posted 10.31.2008 | Politics

Read More: Henry Paulson, Congress, Government Bailout, Wall Street Crisis, Bailout, Rosh Hasana, Politics News
Aaron Greenspan

Jewish Representatives wouldn't be able to think on...the thought of empty stomachs that they might have to grapple with on Yom Kippur, ten days away.

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Play Bail!

Steven Weber | Posted 10.30.2008 | Business

Read More: Wall Street Bailout, Government Bailout, Bailout Bill, Bailout, Business News
Steven Weber

So the "bailout"'s gonna pass eventually -- you wait and see -- and the country's worst economic nightmare since the Great Depression will have been avoided.

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Explaining the Economic Crisis

Ben Rosen | Posted 10.30.2008 | Business

Read More: Financial Crisis, Government Bailout, Bailout, Economic Crisis, Wall St. Bailout, Economy, Wall Street Crisis, Business News
Ben Rosen

A buck if you can explain what a credit-default swap is. I can't. But I learned from the Wall Street Journal that it's "a complex type of investment that acts like an insurance policy on loans and bonds."

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Economic Crisis? What About the Climate Crisis?

Jeremy Jacquot | Posted 10.30.2008 | Green

Read More: Climate Change, Abrupt Climate Change, Government Bailout, Wall Street, Climate Crisis, Methane, Green News
Jeremy Jacquot

Saving our economy from collapse is important, but so should be saving our planet. If we can afford to invest $700 billion in the financial sector, then we can certainly spend as much, to create a new "green" revolution.

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Did John McCain Help Main Street in the Bailout Bill? hmm, Not So Much

Hilary Rosen | Posted 10.29.2008 | Politics

Read More: John McCain, House Republicans Bailout, Government Bailout, Wall Street Crisis, Bailout Package, Politics News
Hilary Rosen

Democratic negotiators were being held hostage by the House Republicans led by John McCain, so their options were limited in how much they could get done.

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The McCain Mutiny and Congress Courageous

Howard Schweber | Posted 10.29.2008 | Politics

Read More: Character Issues, Government Bailout, Presidential Debates, Obama Mccain Debate Mississippi, Mississippi Debate, Bailout Deal, Congress Bailout, 2008 Election, Politics News
Howard Schweber

This week Congress did the one thing I never would have expected: the members of Congress lived up to their responsibilities. In both houses, in both parties.

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To Congress: Please Read Before Bailing Out!

Sheila Tendy | Posted 10.28.2008 | Business

Read More: Bailout, Federal Reserve, Congress, Wall Street Bailout, Wall Street Crisis, Government Bailout, Mccain Bailout, Bailouts, $700 Billion Bailout, Business News
Sheila Tendy

Since the stress level is running high for everyone in Washington and a clear strategy has not yet been formulated, here are some talking points to consider in the bailout negotiations.

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Health Care Next!

Matt Miller | Posted 10.28.2008 | Politics

Read More: Wall Street Bailout, Hank Paulson, Government Bailout, Bailout, Universal Healthcare, Paulson Bailout, $700 Billion Bailout, Henry Paulson, Universal Health Care, Health Insurance, Health Care, Henry Paulson Plan, Politics News
Matt Miller

Now that we've socialized large chunks of the mortgage, banking and insurance industries, universal health coverage is among the most conservative initiatives left for America to pursue.

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Left, Right and Center: 700 Billion Bailout, Obama/McCain Debate, Palin on Katie Couric

Huff Radio | Posted 10.27.2008 | Politics

Read More: Robert Scheer, Wall Street Bailout, Tony Blankley, Wall Street Crisis, Government Bailout, Bailout, Matt Miller, Financial Crisis, $700 Billion Bailout, Credit Crisis, Arianna Huffington KCRW, KCRW Left Right & Center, Arianna Huffington, Politics News
Huff Radio

This week, Matt, Bob, and Arianna discuss what the bail out plan includes and what it's missing (homeowner bail outs, according to Bob), while Tony isn't so sure a bail out is a productive solution.

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Values Should Guide Response to Financial Crisis

Mary Ellen McNish | Posted 10.27.2008 | Politics

Read More: Wall Street Bailout, Wall Street Crisis, Government Bailout, Wall Street, Bailout, $700 Billion Bailout, Financial Crisis, American Friends Service Committee, Politics News
Mary Ellen McNish

The turmoil on Wall Street is not just a financial challenge but a moral one. As a Quaker, I believe that principles leading to greater economic justice and equality should guide our actions.

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