tarp

tarp: Page 1

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U.S. Chamber of Commerce: $10 million for lobbying in 1Q 2009, including twelve lobbyists on immigration - 05/15/09

The US Chamber of Commerce spent almost $10 million on lobbying in the first quarter of 2009 for all issues combined. The Associated Press enumerates the issues here: The government's $700 billion financial rescue package and Troubled Asset Relief Program, or TARP, were among the high-profile issues the Chamber lobbied on during the first quarter... The group also lobbied on: union organizing, wage discrimination, the children's health insurance program, transportation and port infrastructure, travel restrictions to Cuba, pension security, medical liability reform, greenhouse gas standards,...

Intelligent & classy: Congressman heckled, booed at South Carolina tea party - 04/18/09

The attached video shows South Carolina Congressman Gresham Barrett being booed and heckled at a recent tea party. They even had an airhorn. Barrett is a Republican, but the reason for the reception was apparently because he voted for TARP. A few points:

Barney Frank deflects semi-tough questions - 04/07/09

There's a recent exchange between Rep. Barney Frank and a student at Harvard University concerning TARP on the video below [1]. I don't have enough knowledge to tell who's telling the truth, but it's clear that Frank "won" or at least didn't lose.

Morgan Weiland of Media Matters leaps to defense of illegal aliens, ACORN - 04/07/09

Morgan Weiland of Media Matters for America offers "Conservative media consistently scapegoat undocumented immigrants, ACORN" (mediamatters.org/items/200904070005).

AIG bonuses: just a cover for tens of billions to their counterparties? - 03/17/09

That's what disgraced former New York governor Eliot Spitzer thinks (link): Everybody is rushing to condemn AIG's bonuses, but this simple scandal is obscuring the real disgrace at the insurance giant: Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?

"Financial Crisis Tab Already In The Trillions and Counting" - 02/16/09

The article "Financial Crisis Tab Already In The Trillions and Counting" (link) is from Nov. 28, 2008 and thus before the trillion/multi-trillion dollar stimulus plan: it's a complicated cocktail of budgeted dollars, actual spending, guarantees, loans, swaps and other market mechanisms by the Federal Reserve, the Treasury and other offices of government taken over roughly the last year, based on government data and news releases. Strictly speaking, not every cent is a direct result of what's called the financial crisis, but they're all arguably related to it. The bulk of the sum falls under...