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Tag Archives: Treasury Dept.
Our Economic Trainwreck : Trying to Get Back on Track
The Wrecked Economy: What has Been Done to Address ItBy Sherman DeBrosse / The Rag Blog / December 17, 2008 [This is the second of a three-part series on the economy by The Rag Blog’s Sherman DeBrosse.] When Secretary of … Continue reading
Posted in Rag Bloggers
Tagged Economic Collapse, Economic Recovery, Economy, Federal Reserve, Henry Paulson, Treasury Dept.
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Reaganomics Lives : Now About Bailing Out Detroit…
Reagan: Hey, it’s not all bad.‘The third path is to set standards for the kind of cars we need, backed by a government commitment to buy them on the fleet level and serious tax credits for ordinary folks who buy … Continue reading
Posted in Rag Bloggers
Tagged Automobile Industry, Congressional Bailout, Henry Paulson, Reaganomics, Treasury Dept., Wall Street
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More Bailout Bonanza : A Quiet Windfall for U.S. Banks
Lotsa’ kibble: Typical US banker post-bailout windfall, thanks to sneaky tax law adjustment.‘Corporate tax lawyers quickly realized the enormous implications of the document: Administration officials had just given American banks a windfall of as much as $140 billion.’ By Amit … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Banking, Bush Administration, Economic Collapse, Political Corruption, Tax Breaks, Treasury Dept.
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Is This Another Backroom BushCo Bailout?
Chrysler headquartersWhy the GM/Cerberus/Chrysler Bailout is bad for taxpayers and doomed to fail without the benefits of a Chapter 11 filing for both Chrysler and GMBy Robert Farago / November 6, 2008 [The following analysis was sent to TTAC by … Continue reading
David Sirota : The $700 Billion Questions
Treasury Secretary Henry Paulson, with friend. Paulson detailed what he called “a comprehensive approach” to repairing financial markets on Friday, Sept. 19. (Hold on to your wallet.)Using the shock doctrine, Wall Street and Washington’s wrecking crew aim to get the … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Bush Administration, Capitalism, Economic Collapse, Economy, Finance, Henry Paulson, Treasury Dept.
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