Page 7 - Tarp Program News Today

Discussions behind the closed door. i have been here since 2003 and the iraq war and the t.a.r.p. program, and everything that we did in 2006, 2007, and 2008, and health care and the energy bill, and so there much wrangling and those discussions are best kept behind closed door, and i agree with the speaker on that, and so we have to work through this. it is contentious, and we have 230-some members of the caucus, and leader pelosi is doing a great job to keep things together with a republican s...

Seats, including the most recent election. nancy pelosi is the reason that most of those democrats won because she by her leadership, and only by her leadership, got the aca passed without any republican votes. >> ed: but pardon me, she did such a great job, why are a rising number of democrats saying, no, we want a new face? >> when you consider what the caucus numbers are, i dont think 17 is a rising number. i understand the need for change but nancy pelosi was a great speaker and saved the co...

You have said neither party has the guts to take on wall street. is the system rigged? >> there is a reality that i think we all need to recognize with respect to the power of the financial sector. let me go back a minute and say that on this tarp program, i introduced a piece of legislation calling for a windfall profits tax on the executives of any of these companies that got more than $5 million, that it was time for them once they got their compensation and their bonus to split the rest of t...

Millionaire and billionaire friends caused this problem. how about your millionaire and billionaire friends paying for the bailout in not working families in this country. so to answer your question, no, but it was wrong to ask the middle class to bail out wall street, and by the way, i want wall street now to help kids in this country go to college public colleges and universities free with a wall street speculation pass. >> senator, i want to get you in. you said neither party has the guts to ...

That on this tarp program, i introduced legislation calling for a windfall profits tax on the executives of any of these companies that got more than $5 million, that it was time for them once they got their compensation and their bonus to split the rest of the money they made with the nurses and the truck drivers and the soldiers who bailed them out. with respect to the financial sector, i know my time has run out but in speaking of changing positions and the position on how this debate has occ...

In. given the length of the election cycle now, it seems like the opposition party is running the minute the second inauguration takes place, that said, second terms have always been difficult. fdr had a difficult second term, after he was re-elected in a landslide in 1936. this is part of our political system, and the great presidents figure out ways to achieve goals, even in this very contentious part of the environment. >> do you think that could happen here? >> it could. with ronald reagan w...

The recession could have been a depression, thats according to treasury secretary jack lew. mr. lew said, quote, the economic stakes were high and president obama understood that inaction was not an option. his decision to commit to additional support to gm while requiring them to fundamentally restructure their business was tough, but it was right. now remember that the auto bailout was part of the t.a.r.p. program, the bulk of the funds going to the banks. while the u.s. spent almost $422 bill...

>> just in, and happening right now. whatever you want to call it. the president announcing the nomination of timothy massad as chairman of the commodities futures trade board. its an independent agency that regulates the futures and options market, a big job. he has overseason the troubled t.a.r.p. program, the bank rescue plan. this nomination needs to be confirmed by the senate but its happening now. new yorks one world trade center is now officially the tallest building in the nation, surp...

They say it was too small for conclusion but optimistic about further studies. >> it is part of the federal government tarp program. we have heard so much about this one. 100 million in taxpayer money is being used to demolish abandoned properties in the city of detroit. thats 20 percent of how much the state was allocated for that program. detroits mayor says it will help fight life in that city. >> is this new pamela anderson ad too hot for tv? >> yes, we want them to stay on top we have to st...

Billion profit. that has many believing the 2008 tarp program is an unrivalled success story, but in a new article for "rolling stone" the secrets and lies of the bailout, matt taibi says not so. "to listen to the bankers and their allies in washington tell it, youd think the bailout was the best thing to hit the american economy since the invention of the assembly line. not only did it prevent another great depression weve been told, but the money has also all been paid back, and the government...