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 … finish reading Our Economic Trainwreck : Trying to Get Back on Track

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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 … finish reading Reaganomics Lives : Now About Bailing Out Detroit…

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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 … finish reading More Bailout Bonanza : A Quiet Windfall for U.S. Banks

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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 … finish reading Is This Another Backroom BushCo Bailout?

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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 … finish reading David Sirota : The $700 Billion Questions

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