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Government Bailout

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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The Trillion Dollar Wrong Thing

Larry Beinhart | Posted 10.27.2008 | Business

Read More: Government Bailout, Bush, Bailout, Economy, Economic Crisis, Individual Mortgages, Infrastructure, National Health, Coastlines, Fed Emergency Loans, Alternative Energy, Ike, Katrina, Larry Beinhart, Federal Bank, Business News
Larry Beinhart

The Big Big Bailout, as it is, will be crowning glory of Bushianity. One, gigantic theft of from real Americans to enrich the ruling class. It's a hell of trick.

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Unfit for the Presidency: John McCain and His Personal IED

Gary Cohan | Posted 10.27.2008 | Politics

Read More: Mental Disorders, John McCain, Alzheimer's Disease, Government Bailout, Economic Crisis, Election 2008, Iraq, Afghanistan, Barack Obama, Sarah Palin, Ied, Rage, Impulsivity, Neophyte, Politics News
Gary Cohan

One thought that keeps entering my medically-trained mind is a strange coincidence of acronyms that may explain why John McCain is psychologically unfit to be our next President.

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I Just Took $5 Billion Off $700 Billion (Cost to Taxpayers: Zero)

Dave Hollander | Posted 10.27.2008 | Business

Read More: $700 Billion Bailout, Government Bailout, Collapse, Bailout, Wall Street, Taxpayer Bailout, Lehman Brothers, Economy, Business News
Dave Hollander

The government says they want to help? Okay, let's really put the I.R.S. to work. The President should direct that agency, right now, to identify all those who profited from the root cause.

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Bailout Bill: Obama Needs to Lead, Not Be One of the Bailout Bipartisan Musketeers

Arianna Huffington | Posted 10.26.2008 | Politics

Read More: Government Bailout, Paulson Bailout Package, Bailout, Paulson Bailout, Henry Paulson, Bipartisanship, 2008 Election, Barack Obama, Politics News
Arianna Huffington

If Obama goes along with the latest bill it in the name of post-partisan comity, he's making a big mistake. Washington is not lacking political leaders willing to go along with the flow.

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Call for Warren Buffet

Norman Lear | Posted 10.26.2008 | Politics

Read More: Warren Buffett, Government Bailout, Bailout, Politics News
Norman Lear

It's a good bet that if Goldman Sachs makes it through, Mr. Buffett's involvement will prove to have been a smart one as well as a bailout. Why not call in Mr. Buffett as the people's representative?

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Bush May Be Stupid, But He's No Fool: The Bailout and the Final Repeal of the 20th Century

Pete Cenedella | Posted 10.26.2008 | Politics

Read More: George Bush, CEO Pay, Social Security, Wall Street Crisis, Bailout, New Deal, George W. Bush, CEO Compensation, Republican Party, Wall Street Bailout, Government Bailout, Politics News
Pete Cenedella

Bush is playing dumb so we won't notice that his final stroke in office will be to make the Republican Revolution permanent and impossible to repeal for decades to come.

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Cheney Components of the Paulson Plan

David Bromwich | Posted 10.26.2008 | Politics

Read More: Wall Street Bailout, Government Bailout, Bailout, Economy, Henry Paulson, Henry Paulson Wall Street, Henry Paulson Plan, Dick Cheney, Paulson Cheney, Politics News
David Bromwich

The banking crisis, in the manner of its management, now looks like the October surprise one week early and with one week longer to turn it to advantage.

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Questioning Warren Buffett's Role

David Sirota | Posted 10.25.2008 | Politics

Read More: Warren Buffett, Barack Obama Warren Buffett, Government Bailout, Wall Street Crisis, Bailout, Barack Obama, Politics News
David Sirota

I'm sure Buffett is a great guy, but appearance-wise, this doesn't look good -- it seems, in fact, to reinforce the whole disaster capitalism image of this bailout.

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Buy Hasty Fed Bailout Now, Regret It Later

Robert Reed | Posted 10.25.2008 | Business

Read More: Wall Street Bailout, Wall Street Crisis, Government Bailout, Bailout, Economy, Henry Paulson, Ben Bernanke, Bailout Hearings, Business News
Robert Reed

Congress must question this bill and press for more safeguards. Have you read this thing? Basically it's like Paulson is declaring Martial Law over the U.S. economy. No court can stop him. No lawmaker dare question the Treasury Secretary's rulings.

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The Steamroller

Robert L. Borosage | Posted 10.25.2008 | Politics

Read More: Henry Paulson, Wall Street Crisis, Government Bailout, Bailout, $700 Billion Bailout, Warren Buffett, Politics News
Robert L. Borosage

Look out folks, the fix may be in. Here's what it might look like: President issues grave alarm. Leaders of both parties promise a bill by the weekend. Sparked by Buffett, Wall Street organizes full court press. We get steamrolled.

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Chicago Group Protests Bailout Plan

Chicago Public Radio | Tasha Flournoy | Posted 10.25.2008 | Chicago

Read More: Bailout Protests, Bailout Opposition, Government Bailout, Government Bailout Wall St, Bailout, Chicago News

Federal Reserve Chairman Ben Bernanke is testifying before Congress today about a proposed $700 billion bailout of the country's financial markets. I...

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Is Barney Frank Why Lobbyists Are Laughing At Dems?

David Sirota | Posted 10.25.2008 | Politics

Read More: Bear Stearns, Barney Frank Bailout, Chris Dodd, Wall Street Crisis, Government Bailout, Economy, Barney Frank, Politics News
David Sirota

Is this why lobbyists and George "19 percent" Bush are laughing at Democrats like Dodd? Are they laughing because one of the other Democratic leaders is busy working to help them sell America out?

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The Free Market is Like a Toddler

Philip Slater | Posted 10.25.2008 | Business

Read More: Free Market, Government Bailout, Wall Street, Paulson, Bernanke, Economy, Business News
Philip Slater

The free market is energetic, yes, and creative, yes, and innovative, yes, but stupid. It will gamble its way into bankruptcy, poison its children, destroy its environment -- you can't take the kid anywhere.

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Why Congress Should Oppose the Bail-Out Package

Hale "Bonddad" Stewart | Posted 10.25.2008 | Business

Read More: Economy, Henry Paulson, Ben Bernanke, Government Bailout, Bailout, Business News
Hale

This is a huge boondoggle waiting to happen. If we give all of this authority to the Paulson we will live to regret it in a big way. And so will our children.

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Could a Quirk in Human Brain Wind Up Costing Taxpayers $700 Billion Dollars?

Gary Marcus | Posted 10.24.2008 | Business

Read More: Government Bailout, Wall Street Psychology, Economy, Henry Paulson, Psychology of Financial Crisis, Ben Bernanke, Bailout Plan, Anchoring, Wall Street, Psychology of the Bailout Plan, Business News
Gary Marcus

The bailout plan is likely to pass, not because it's good, but simply because all of us -- Senators included -- are vulnerable of a potent cognitive fallacy known as anchoring.

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No Bailout on the Backs of the Middle Class

Sen. Bernie Sanders | Posted 10.24.2008 | Politics

Read More: Senate, Bailout, Wall Street Crisis, Government Bailout, Economic Crisis, Economy, Politics News
Sen. Bernie Sanders

Shockingly, having looked the other way while Wall Street hucksters looted the economy, the Bush administration now wants American taxpayers (and our children) to pick up the tab. I say "no way."

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Bernanke and Paulson: Here's Why We're Screwing You

Henry Blodget | Posted 10.24.2008 | Business

Read More: Bernanke, Paulson, Bailout, Government Bailout, Economy, Economic Crisis, Henry Paulson, Financial Crisis, Ben Bernanke, Business News
Henry Blodget

What Paulson and Bernanke are trying to do is fast-forward the economic-crisis movie a couple of months, instead of waiting until the banks realize that they are hosed. The trouble with this plan is twofold.

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Automated Data Feeds Make Smart Regulation Possible Now

W. David Stephenson | Posted 10.24.2008 | Business

Read More: US Economy, Wall Street, Weak Economy, Economy, Banking, U. S. Economy, Regulation, Federal Reserve, Government Bailout, Financial Crisis, RSS Feed, Wall Street Crisis, XML Tags, Techonological Regulation, Patent Technology, E-Government, Obama, E-Gov, Kml, Business News
W. David Stephenson

What we need isn't more regulation of banking and business in general, but "smart" regulation.

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Read 'Em and Weep

Bob Ostertag | Posted 10.24.2008 | Business

Read More: Government Bailout, Barney Frank, Hurricane Ike, Iraq, Iran Nuclear Weapons, Russia Georgia War, Free Market, Iran, Politics News, Wall Street Crisis, Henry Paulson, Afghanistan, Treasury Secretary, Global Warming, Financial Crisis, Economy, Business News
Bob Ostertag

No one, not Bernanke, not Paulson, not anybody, knows if the bailout will work. It isn't that the details of the plan are wrong. It's that there are no details.

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Bail Out the People

Amitai Etzioni | Posted 10.24.2008 | Business

Read More: Vouchers, Subprime Mortgages, Wall Street Crisis, Government Bailout, Wall Street, Bailout, Subprime Mortgage Crisis, Mortgage Crisis, Economy, Business News
Amitai Etzioni

Congress should instruct the U.S. Treasury to issue to each American household a mortgage reduction voucher worth $7,500. Thus, these vouchers will help the banks by helping the people.

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Jason Linkins

Dear American: A Letter From The Ministry Of The Treasury

HuffingtonPost.com | Jason Linkins | Posted 10.24.2008 | Politics

Read More: Wall Street Bailout, Government Bailout, Hank Paulson, Bailout, Economic Crisis, Henry Paulson, Financial Crisis, Kissing Suzy Kolber, Politics News

"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."

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The Bailout Plan: Welcome to Economic Shock and Awe

Arianna Huffington | Posted 10.23.2008 | Politics

Read More: Henry Paulson, Government Bailout, Economic Shock and Awe, Economy, Barney Frank, The Authorization to Use Financial Force, Financial Crisis, Chris Dodd, Free Market, Wall Street Crisis, Treasury Secretary, Politics News
Arianna Huffington

In the battle over the proper role of government, the high priests of the church of the Free Market -- including Bush, Paulson, and the Masters of Wall Street -- have suffered a monumental defeat. So why are we allowing them to dictate the terms of their surrender?

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Paulson's Plan -- Annotated

Howard Schweber | Posted 10.23.2008 | Business

Read More: U.S. Economy, Henry Paulson, Government Bailout, Economy, Business News
Howard Schweber

LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY TO PURCHASE MORTGAGE-RELATED ASSETS Section 1. Short Title. This Act may be cited as __________________...

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Jason Linkins

BuyMyShitpile.com: Sell Your Bad Assets To Paulson

HuffingtonPost.com | Jason Linkins | Posted 10.23.2008 | Politics

Read More: Hank Paulson, Government Bailout, Bailout, Henry Paulson, Henry Paulson Plan, Politics News

The bailout legislation proposed by Henry Paulson and the Bush Administration is straight-up terrifying nonsense, for a number of reasons, not the lea...

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