The Washington Independent

Posts Tagged Troubled Asset Relief Program

Perry’s anger over federal spending hasn’t extended to friends who received it

By | 10.04.11 | 12:56 pm

While the national press bats around the question of whether, or how, Gov. Rick Perry ought to be called a racist, newspapers in Texas have unearthed a few new chapters in the governor’s tradition of funneling business to his friends.

On Sunday the Dallas Morning News took a long look More…

The Missed Opportunities in the $1,294,000,000,000 Deficit

By | 10.15.10 | 3:13 pm

This afternoon, Treasury Secretary Tim Geithner and Office of Management and Budget Acting Director Jeffrey Zients gave one final report on the United States’ fiscal year:

Due to careful stewardship of the emergency programs, their effect on the deficit was much smaller than previously estimated. The Troubled Asset Relief

More…

The Cuts in the Republicans’ Pledge

By | 09.23.10 | 11:51 am

Primary among the proposals in the Republicans’ “Pledge to America” is the promise to cut spending, slash taxes and shrink the government to restore the United States’ fiscal health. How do they intend to do it, and to end the United States’ debt and deficit problems?

CCP’s Response on DISCLOSE Act Polling Analysis

By | 09.16.10 | 4:47 pm

In response to my post earlier this afternoon on new polling numbers for the DISCLOSE Act, The Center For Competitive Politics’s Jeff Patch has supplied me with the following response:

Who Signed TARP Into Law?

By | 08.11.10 | 5:21 pm

Most Americans don’t know or get it wrong.

Next Steps for the DISCLOSE Act

By | 07.28.10 | 1:48 pm

The New York Times editorializes today about the failure of the DISCLOSE Act, chastising Republicans for seeking “the right to poison the political atmosphere without being held accountable for their speech.” That said, the Times also noted that the bill’s supporters didn’t help their cause by tacking on a More…

Geithner Opposes Warren for CFPB

By | 07.16.10 | 10:31 am

The head of the new consumer financial protection bureau will be one of the most important figures in the financial world. This has led to serious speculation over who President Obama might name; concern over who will lead the CFPB even led Sen. Ben Nelson (D-Neb.) to temporarily More…

Warren, Head of TARP Oversight Panel, Criticizes Bailout of ‘Frankenstein’ AIG

By | 05.26.10 | 11:50 am

Today, the Congressional Oversight Panel for the Treasury’s Troubled Asset Relief Program, headed by Elizabeth Warren, is holding a set of hearings on failed insurer AIG. Warren takes AIG to task for its blatant disregard for sound practices. “The company was a corporate Frankenstein, a conglomeration of banking and More…

Oversight Panel Slams Obama’s Small Business Lending Efforts

By | 05.13.10 | 3:24 pm

Today, the Congressional Oversight Panel — the independent watchdog that oversees the Obama administration’s Troubled Asset Relief Program — issued a report slamming TARP’s progress in aiding small businesses. The report notes that despite the administration’s efforts to encourage banks to lend to small businesses, “it is not clear More…

How Goldman Bet Against Mortgages and Got Government to Foot the Bill

By | 02.08.10 | 3:36 pm

Gretchen Morgenson and Louise Story’s New York Times piece yesterday was a thorough explanation of Goldman Sachs’ machinations that contributed to the collapse of AIG and the government’s perceived need to jump in and pay for everything without negotiating prices.

But unless you’re well-versed in the modern minutiae More…