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Keyword: bushsellout

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  • Bank nationalisation gains ground with Republicans [McCain+Grahamnesty] [in agreement with Obama?]

    02/17/2009 2:28:20 PM PST · by rabscuttle385 · 111 replies · 6,176+ views
    Financial Times ^ | 2009-02-17
    BY EDWARD LUCEA & KRISHNA GUHA Nationalisation, long regarded in Washington as a folly of Europeans, is gaining rapid ground among US opinion-formers. Stranger still, many of those talking about federal ownership of banks are Republicans. Lindsey Graham, the Republican senator for North Carolina, said that many of his colleagues, including John McCain, the defeated presidential candidate, agreed with his view that nationalisation of some banks should be “on the table”. Mr Graham said that people across the US accepted his argument that it was untenable to keep throwing good money after bad into institutions such as Citigroup and Bank...
  • Barney Frank RAT-Mass expects GOP to resist regulations (Still no investigation of the perp)

    01/04/2009 7:46:57 AM PST · by Libloather · 33 replies · 871+ views
    Boston Herald ^ | 1/04/09 | Jay Fitzgerald
    Barney Frank expects GOP to resist regulationsBy Jay Fitzgerald Sunday, January 4, 2009 - Updated 3h ago As chairman of the House Financial Services Committee, Rep. Barney Frank had a busy 2008 - working with Federal Reserve chairman Ben Bernanke, Treasury Secretary Hank Paulson and others in an often desperate attempt to prevent a financial-system collapse. But there’ll probably be little respite in 2009 for Frank. The Newton Democrat is already setting ambitious goals for 2009: pushing for new regulations of the financial-services industry, bolstering affordable housing programs and passing consumer-protection laws. Frank - who became a national figure this...
  • Inhofe: Washington "out of control" on (Auto) bailout

    12/13/2008 11:45:22 PM PST · by flattorney · 28 replies · 1,612+ views
    Tulsa World ^ | December 12, 2008 | Jim Myers
    WASHINGTON – U.S. Sen. Jim Inhofe said Friday a White House suggestion that part of the $700 billion Wall Street bailout now will go to automakers means Washington might be "completely out of control.'' "I've been a U.S. senator for some time, and I have never seen anything like this,'' the Oklahoma Republican said. Inhofe was responding to a statement by White House press secretary Dana Perino that the administration might use part of so-called TARP money to prevent a collapse of troubled automakers. "A precipitous collapse of this industry would have a severe impact on our economy, and it...
  • The Other American Auto Industry (Great Article)

    12/13/2008 6:26:05 AM PST · by re_tail20 · 63 replies · 2,932+ views
    Weekly Standard ^ | December 13, 2008 | Fred Barnes
    The Other American Auto Industry Plenty of car makers make a go of it in this country--they're just non-union and not headquartered in Detroit. West Point, Georgia Drew Ferguson IV is a 42-year-old dentist whose family has lived in this town, population 3,300, "since God put us here." To be precise, the family arrived eight generations ago. Ferguson went off to the University of Georgia, then on to dental school, after which he came back to West Point. He and his wife, whom he met in college, have four kids. A year ago, Ferguson was elected mayor. "There's a reason...
  • (MI) Source: Auto Rescue Deal Reached

    12/12/2008 4:13:50 PM PST · by Kieri · 136 replies · 5,632+ views
    WXYZ Detroit / Channel 7 ^ | 12/11/08 | WXYZ
    WXYZ) Sources tell Action News that the White House and U.S. automakers have reached a deal that could prevent a collapse of the industry. IN THE VIDEO PLAYER ON THE RIGHT, ACTION NEWS REPORTER TOM WAIT SAYS THAT A DEAL HAS BEEN REACHED BUT THAT AN ANNOUNCEMENT WILL NOT COME FRIDAY NIGHT Our source says the agreement with the Bush administration will mirror the bill that passed the House. We do know the White House and officials from GM have been in talks for several hours. The negotiations may also involve the Federal Reserve. President Bush is back in Washington...
  • Krauthammer: The Real Obama (Obama's NOT a Centrist)

    12/12/2008 10:32:58 AM PST · by mojito · 23 replies · 1,718+ views
    WaPo ^ | 12/12/2008 | Charles Krauthammer
    As Obama revealingly said just last week, "This painful crisis also provides us with an opportunity to transform our economy to improve the lives of ordinary people." Transformation is his mission. Crisis provides the opportunity. The election provides him the power. The deepening recession creates the opportunity for federal intervention and government experimentation on a scale unseen since the New Deal. A Republican administration has already done the ideological groundwork with its unprecedented intervention, culminating in the forced partial nationalization of nine of the largest banks, the kind of stuff that happens in Peronist Argentina with a gun on the...
  • Eight facts that burnish Bush's record

    11/29/2008 6:53:30 AM PST · by knighthawk · 81 replies · 2,036+ views
    National Post ^ | November 29 2008 | David Frum
    With the U.S. economy in crisis, George W. Bush’s already slumping popularity levels have sagged even deeper. This summer, his own political party kept him away from its national convention in St. Paul. The President himself has been reduced to wistful hopes that history will somehow justify him. At this low point, some counterbalance: 1) Even as you read this, Indian commandos are waging a deadly urban battle against Islamic terrorists. Those soldiers have almost certainly trained with U.S. Rangers or Marines — part of an intensifying U.S.-India security partnership that has been one of the most signal foreign policy...
  • Frank, Dodd and Obama's high crimes

    11/29/2008 7:38:09 AM PST · by Libloather · 21 replies · 1,500+ views
    World Net Daily ^ | 11/27/08 | Erik Rush
    <p>They hide in plain sight, and no one will police them for reasons that speak to corruption that has insinuated itself deep into the leadership of both the Democratic and Republican parties. The Bush Justice Department won't touch them, and it's not just because that entity will be changing the guard in less than two months.</p>
  • U.S. Agrees to Citigroup Bailout (Guarantees $300 billion in toxic assets)

    11/23/2008 8:43:14 PM PST · by mathwhizz · 130 replies · 5,917+ views
    The federal government agreed Sunday to take unprecedented steps to stabilize Citigroup Inc. by moving to guarantee close to $300 billion in troubled assets weighing on the bank's books, according to people familiar with details of the plan. Treasury has agreed to inject an additional $20 billion in capital into Citigroup under terms of the deal hashed out between the bank, the Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corp. Treasury officials will charge a higher interest rate for the capital injection -- 8% for the first few years -- than it has charged to dozens of...
  • Government to Unveil Consumer Credit Facility

    11/25/2008 5:10:19 AM PST · by markedmannerf · 103 replies · 4,971+ views
    Fox News ^ | 11/25/08 | Associated Press
    Washington--The government is working on a new loan facility to help companies that issue credit cards, make student loans and finance car purchases. The Treasury Department and the Federal Reserve will unveil the program Tuesday, according to people familar with the plan. They spoke on condition of anonymity because a formal announcement has yet to be made. Treasury Secretary Henry Paulson has said he plans to use a "relatively modest share" of the $700 billion financial bailout money to pay for the new program. It's the latest effort by the government to break through a dangerous credit clog that has...
  • Government plans new credit, mortgage programs($800bn)

    11/25/2008 6:50:48 AM PST · by TigerLikesRooster · 23 replies · 1,106+ views
    AP ^ | 11/25/08 | JEANNINE AVERSA
    Government plans new credit, mortgage programs By JEANNINE AVERSA, AP Economics Writer 19 mins ago WASHINGTON – The government introduced a pair of new programs Tuesday that will provide $800 billion to help unfreeze the market for consumer debt and to make mortgage loans cheaper and more available.
  • Struggling Banks Paid President Clinton $2.1 million for ‘Speeches’

    11/25/2008 7:16:21 AM PST · by HD1200 · 20 replies · 880+ views
    CNS News ^ | 11/25/2008
    Four major banks, including one that collapsed, two that received federal bailout money and one that filed for bankruptcy this past September, paid former President Clinton $2.1 million for 13 speeches he delivered on their behalf between 2004-2007, according to Senate financial disclosure statements filed by Sen. Hillary Clinton (D-N.Y.). Citigroup paid Bill Clinton $700,000; Goldman Sachs paid $550,000; Lehman Brothers paid $300,000 and Merrill Lynch paid $175,000 to the former president for speeches during that time period. Sen. Clinton’s 2008 financial disclosure reports are not yet available. Though some of the investment banks were able to entertain the former...
  • Bush Says Citigroup Deal Needed to Protect System

    11/24/2008 3:07:33 PM PST · by marshmallow · 85 replies · 2,094+ views
    AP via Yahoo News ^ | 11/24/08 | Jennifer Loven
    Bush defends Citigroup rescue, says more such moves are possible if others need helpWASHINGTON (AP) -- President Bush argued Monday that the government's dramatic rescue of Citigroup was necessary to "safeguard the financial system" and help the economy recover, and he said there could be more such moves if other institutions need help. Bush said he approved the action, recommended by Treasury Secretary Henry Paulson, while flying back to Washington on Sunday evening from meetings in Peru with Pacific Rim leaders. He spoke with President-elect Barack Obama on Monday morning about the move, part of what he has promised will...
  • Citigroup, Under Siege, Holds Talks With U.S.

    11/21/2008 6:39:32 PM PST · by rabscuttle385 · 107 replies · 5,005+ views
    The New York Times ^ | 2008-11-22 | Andrew Ross Sorkin & Louise Story
    With the sharp stock-market decline for Citigroup rapidly becoming a full-blown crisis of confidence, the company’s executives on Friday entered into talks with federal officials about how to stabilize the struggling financial giant. In a series of tense meetings and telephone calls, the executives and officials weighed several options, including whether to replace Citigroup’s leadership or sell all or part of the company. Other options discussed included a public endorsement from the government or a new financial lifeline, people involved in the talks said. The course of action, however, remained uncertain on Friday night, these people said, and other options...
  • Time Of Death: Oct. 3, 2008

    11/13/2008 2:13:16 AM PST · by Man50D · 33 replies · 1,155+ views
    WorldNetDaily.com ^ | November 13, 2008 | Randall Hoven
    The death of the Republican Party has an exact date: October 3, 2008. The day John McCain lost his bid for President also has an exact date: October 1, 2008. These dates are when the coroner officially declared death; the coma started much earlier: March 27, 2002. October 3, 2008 is, of course, when the $trillion bailout was passed by the House and signed into law by President Bush. October 1 was when John McCain voted for the bailout in the Senate, and went on to urge House Republicans to vote in favor of it. March 27, 2002 was when...
  • Bush Irked by Leak on Private Talk With Obama Over Trade, Aid to Automakers

    11/11/2008 10:03:37 AM PST · by pleikumud · 93 replies · 1,250+ views
    Fox News ^ | November 11, 2008
    President Bush is unhappy the conversation between him and President-elect Barack Obama has been cast as a trade-off between Bush signing a second stimulus package in exchange for congressional passage of the Colombia Free Trade Deal, administration officials told FOX News on Tuesday.
  • Fed refuses to identify recipients of $2 Trillion

    11/10/2008 6:39:15 AM PST · by rabscuttle385 · 142 replies · 1,289+ views
    Link only due to FR policy.
  • Bush administration to blame...Sarah speaks

    11/09/2008 7:51:58 PM PST · by winoneforthegipper · 183 replies · 1,462+ views
    Anchorage Daily News ^ | Sunday, November 9, 2008 | Sean Cockerham
    Q -- Why did your campaign lose? A -- I think the Republican ticket represented too much of the status quo, too much of what had gone on in these last eight years, that Americans were kind of shaking their heads like going, wait a minute, how did we run up a $10 trillion debt in a Republican administration, how have there been blunders with war strategy under a Republican administration.
  • For Russia's Putin, knockabout with Obama is just the ticket

    11/09/2008 7:18:40 PM PST · by Publius804 · 22 replies · 277+ views
    www.breitbart.com ^ | Nov 9, 2008 | AFP
    For Russia's Putin, knockabout with Obama is just the ticket Nov 9 07:38 PM US/Eastern Still Russia's dominant politician, Vladimir Putin can only relish the prospect of a new bout of Russian-US rivalry with American leader-in-waiting Barack Obama, say analysts. While much of the world celebrated Obama's US presidential win, a stony-faced Russian reaction was a reminder of Cold War-style tensions between Washington and Moscow. On the Internet, Russian bloggers portrayed the victory of a black candidate as evidence of American decline. On an official level, President Dmitry Medvedev chose the day of Obama's win to announce the deployment of...
  • RNC Fires Phone Solicitors [former donors outraged over amnesty]

    05/31/2007 2:47:01 PM PDT · by de meanr · 1,080 replies · 31,748+ views
    The Washington Times ^ | 05/31/2007 | None Listed
    There has been a sharp decline in contributions from RNC phone solicitations, another fired staffer said, reporting that many former donors flatly refuse to give more money to the national party if Mr. Bush and the Senate Republicans insist on supporting what these angry contributors call "amnesty" for illegal aliens. "Everyone donor in 50 states we reached has been angry, especially in the last month and a half, and for 99 percent of them immigration is the No. 1 issue," said the former employee.
  • Bush Removes Provision Requiring Back taxes From Illegal Immigrants

    05/19/2007 3:54:46 AM PDT · by Jim Noble · 169 replies · 5,877+ views
    Boston Globe ^ | May 19, 2007 | Michael Kranish
    The Bush administration insisted on a little-noticed change in the bipartisan Senate immigration bill that would enable 12 million undocumented residents to avoid paying back taxes or associated fines to the Internal Revenue Service, officials said. An independent analyst estimated the decision could cost the IRS tens of billions of dollars. A provision requiring payment of back taxes had been in the initial version of a bill proposed by Senator Edward M. Kennedy, the Massachusetts Democrat. But the administration called for the provision to be removed due to concern that it would be too difficult to figure out which illegal...
  • The Common Article 3 smokescreen and the Silly Senators real agenda

    09/16/2006 1:05:44 PM PDT · by MNJohnnie · 1 replies · 178+ views
    Convention (III) relative to the Treatment of Prisoners of War. Geneva, 12 August 1949. Preamble The undersigned Plenipotentiaries of the Governments represented at the Diplomatic Conference held at Geneva from April 21 to August 12, 1949, for the purpose of revising the Convention concluded at Geneva on July 27, 1929, relative to the Treatment of Prisoners of War, have agreed as follows: Part I. General Provisions Art 1. The High Contracting Parties undertake to respect and to ensure respect for the present Convention in all circumstances. Art 2. In addition to the provisions which shall be implemented in peace time,...
  • Mexican leader faces chilly U.S. relations

    07/02/2006 3:07:55 PM PDT · by garbageseeker · 43 replies · 2,498+ views
    Associated Press Writer via Yahoo ^ | 7/2/2006 | By Lisa Adams
    The reason why Mexico is having chilly relations with the United States because we are importing Mexico's poor and the American tapayer is paying for them. Mexico refused to do nothing about the corruption that is pervasive in all levels of government. There is a massive crime wave being committed more and more by Mexican nationals against American citizens. Could this also be another reason why there is a chill between Mexico and the United States?The author of the piece does not touch this.
  • Hispanics against Immigration Hearings

    07/01/2006 7:13:50 PM PDT · by garbageseeker · 49 replies · 2,678+ views
    Yahoo News ^ | 7/1/2006 | Emily Fredrix
    What are Hispanic groups and the Democratic Party have to fear about the upcoming immigration hearings by the GOP?What are they hiding?I thought that they would be glad that they are finally to air their views in the public.
  • Republicans Slate New Immigrations Hearings

    07/01/2006 8:12:11 PM PDT · by garbageseeker · 50 replies · 2,529+ views
    Associated Press via Yahoo News ^ | 7/1/2006 | Suzanne Gamboa
    Story on the House of Representatives start on hearings on immigrants. The fur will fly on this one.
  • Base to Bush: Stop illegals

    06/19/2006 10:23:58 AM PDT · by kellynla · 154 replies · 4,338+ views
    The Washington Times ^ | June 19, 2006 | Stephen Dinan
    Top conservative leaders have written President Bush telling him to drop his insistence on a guest-worker program and a path to citizenship for illegal aliens and instead support the 85 percent of congressional Republicans who want to tighten law enforcement first. Signers include William J. Bennett, Robert H. Bork, Ward Connerly, David A. Keene, Phyllis Schlafly and a number of think-tank academics and pundits. The immigration debate is the first major issue on which Mr. Bush finds himself opposing a majority of Republicans in Congress and depending on Democrats to deliver a victory. In their letter, the conservatives tell Mr....
  • The Death of Three Nations

    06/18/2006 7:49:43 AM PDT · by hedgetrimmer · 92 replies · 2,681+ views
    The National Ledger ^ | Jun 15, 2006 | Alan Burkhart
    Based on the facts as I see them, the American people are about to get arguably the rudest awakening in the last one hundred years. The middle class will vanish, our social programs will fall into insolvency, and a select few people will make a hell of a lot of money at the expense of the rest of us. Imagine the arrogance necessary for one to believe he’s justified in wrecking three vibrant cultures – the US, Canada and Mexico – just to make his financial bottom line more attractive. Hitler, as twisted and evil as he was, sincerely believed...
  • Bush: Immigrants Are Not a Threat

    03/27/2006 12:42:08 PM PST · by mathprof · 442 replies · 6,254+ views
    reuters ^ | 3/27/06
    President George W. Bush, warned the U.S. Congress against fearmongering on Monday as the Senate tackled immigration reform, an issue that has split his Republican party and spurred huge protests. ``The immigration debate should be conducted in a civil and dignified way,'' Bush said, pushing his own proposals at a swearing-in ceremony for 30 new American citizens. With his job approval rating at the lowest of his presidency, Bush faces a new test of his political strength on the divisive immigration issue. ``No one should play on people's fears or try to pit neighbors against each other,'' he said. ``No...
  • Bush will veto any bill to stop port deal

    02/21/2006 12:32:20 PM PST · by Brian Mosely · 3,078 replies · 55,497+ views
    AP ALERT
    ABOARD AIR FORCE ONE (AP) — President Bush says the deal allowing an Arab company to take over six major U.S. seaports should go forward and he will veto any bill that would stop it.
  • U.S. lifts Canuck beef ban

    07/15/2005 3:07:15 AM PDT · by Clive · 33 replies · 546+ views
    WASHINGTON (CP) - U.S. Agriculture Secretary Michael Johanns took immediate steps to reopen the border to Canadian cattle late Thursday after a federal appeals court dismissed arguments that imports could spread mad cow disease. American officials have already been in contact with the Canadian Food Inspection Agency to prepare certifying cattle for shipment, said Johanns. Canadian officials expected trucks to roll next week to take cows south for the first time since May 2003 when Canada discovered its first case of mad cow. The unanimous decision by a three-judge panel of the 9th U.S. Circuit Court of Appeals was released...
  • Rush Limbaugh for President! (Sign the Petition)

    06/03/2002 6:15:11 PM PDT · by Keyes2000mt · 147 replies · 517+ views
    Petitions Online ^ | 06/03/2002 | Adam Graham
    To: Rush Limbuagh and President George W. Bush Limbaugh for President Whereas, In the 2000 Presidential race, conservatives had grave reservations about George W. Bush. Whereas, Despite these reservations, Conservatives rallied behind his cause in the 2000 Presidential Primaries and General Election. Whereas, President Bush promised to be a Conservative President. Whereas, President Bush promised to veto Campaign Finance Reform Legislation, believing it to be unconstitutional. Whereas, President Bush took an oath to defend the Constitution of the United States. Whereas, President Bush broke his promise to supporters by signing the bill despite his acknowledgement of its unconstitutionality. Whereas, President...