Bank bailouts: Necessary? Effective?
Fox News
04/14/09
Call it bailout remorse. With economic signs beginning to point upward and banks returning federal rescue funds, analysts are now debating whether the government’s $700 billion bailout program, known as the troubled assets relief program, or TARP, was ever necessary. Some say a normal business cycle and Federal Reserve policy, not TARP, accounts for the strong profit forecast from Wells Fargo and Goldman Sachs, a drop in unemployment benefit filings and several retailers predicting solid April sales. ‘I think there’s little evidence that the TARP money that has been disbursed so far has had any measurable effect on the economy, especially when you talk about what the Fed has been doing,’ said Josh Bivens, an economist with the Economic Policy Institute...
http://tinyurl.com/czxjco
TARP the life insurers? This is nuts
TCS Daily
by Larry Kudlow
04/13/09
Is bailout nation about to strike again? Sure looks like it. According to a bunch of front-page news stories, life-insurance companies are about to get TARPed. This is nuts. The public is clamoring for an end to TARP and bailout nation. That’s a key message coming from the heartland tea parties that are cropping up spontaneously around the country. This is turning into a real populist uprising against rising taxes (especially state, local, and property taxes), TARP, and all the federal bailouts — and the trillions of dollars of deficits and debt being used for financing. If Team Obama ignores this uprising, it has a political tin ear...
http://www.tcsdaily.com/article.aspx?id=041309B
Informant: Thomas L. Knapp
--------
Ron Paul: Reckless Spending And Taxation Prolonged Great Depression
Congressman takes on Obama's claim that only solution to economic crisis is more government spending
Paul Joseph Watson
Prison Planet.com
Wednesday, April 15, 2009
Ron Paul has slammed Barack Obama’s claim that reckless government spending and taxation is the only way to alleviate the economic crisis by pointing out that the end of the great depression only came after taxes and spending were drastically cut.
http://www.prisonplanet.com/ron-paul-reckless-spending-and-taxation-prolonged-great-depression.html
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Ron+Paul
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=TARP
http://freepage.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=government+spending
http://freepage.twoday.net/search?q=economic+crisis
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Goldman+Sachs
http://freepage.twoday.net/search?q=Larry+Kudlow
04/14/09
Call it bailout remorse. With economic signs beginning to point upward and banks returning federal rescue funds, analysts are now debating whether the government’s $700 billion bailout program, known as the troubled assets relief program, or TARP, was ever necessary. Some say a normal business cycle and Federal Reserve policy, not TARP, accounts for the strong profit forecast from Wells Fargo and Goldman Sachs, a drop in unemployment benefit filings and several retailers predicting solid April sales. ‘I think there’s little evidence that the TARP money that has been disbursed so far has had any measurable effect on the economy, especially when you talk about what the Fed has been doing,’ said Josh Bivens, an economist with the Economic Policy Institute...
http://tinyurl.com/czxjco
TARP the life insurers? This is nuts
TCS Daily
by Larry Kudlow
04/13/09
Is bailout nation about to strike again? Sure looks like it. According to a bunch of front-page news stories, life-insurance companies are about to get TARPed. This is nuts. The public is clamoring for an end to TARP and bailout nation. That’s a key message coming from the heartland tea parties that are cropping up spontaneously around the country. This is turning into a real populist uprising against rising taxes (especially state, local, and property taxes), TARP, and all the federal bailouts — and the trillions of dollars of deficits and debt being used for financing. If Team Obama ignores this uprising, it has a political tin ear...
http://www.tcsdaily.com/article.aspx?id=041309B
Informant: Thomas L. Knapp
--------
Ron Paul: Reckless Spending And Taxation Prolonged Great Depression
Congressman takes on Obama's claim that only solution to economic crisis is more government spending
Paul Joseph Watson
Prison Planet.com
Wednesday, April 15, 2009
Ron Paul has slammed Barack Obama’s claim that reckless government spending and taxation is the only way to alleviate the economic crisis by pointing out that the end of the great depression only came after taxes and spending were drastically cut.
http://www.prisonplanet.com/ron-paul-reckless-spending-and-taxation-prolonged-great-depression.html
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Ron+Paul
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=TARP
http://freepage.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=government+spending
http://freepage.twoday.net/search?q=economic+crisis
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Goldman+Sachs
http://freepage.twoday.net/search?q=Larry+Kudlow
rudkla - 15. Apr, 09:30
