By tigtog on September 30, 2008
Vote count: Democrats: 141 Yea, 94 Nay Republican: 66 Yea, 132 Nay The Times – Analysis: bailout vote calls Hank Paulson’s bluff Negotiators had worked all weekend to accommodate some of the doubts of conservative Republicans who objected to such [...]
Posted in Disasters, Law, Markets, USA | Tagged bailout, corporate welfare, execs, financial sector, global economy, golden parachutes, hank paulson, meltdown, negotiators, outlay, Republicans, stock market, superficial changes, TARP, taxpayer funds, taxpayers, us treasury secretary, Wall Street |
By Mark Bahnisch on September 29, 2008
The question’s in the air at the moment. In the Australian blogosphere, John Quiggin thinks the financial markets crisis has killed it off, while Nicholas Gruen is (rightly in my view) more skeptical. [In response to commenters, Quiggin goes on [...]
Posted in China, Developing world, Economics, Foreign Elections, Foreign policy, International, Markets, Philosophy, Politics, Sociology, USA, War | Tagged barack obama, Ben bernanke, Bush administration, christopher dodd, credit crisis, economic management, economic sociology, federal reserve, financial markets, henry paulson, market bailout, neoliberalism, political ideologies, political sociology, social democracy, socialism, sovereign wealth funds, sub prime mortgages, TARP, us economy, US election 2008, us treasury, USA Election 2008, Wall Street, Washington consensus |
By Kim on September 28, 2008
The details are a bit sketchy but it appears that agreement has been reached on some version of the Paulson bailout plan. Ian Welsh at Firedoglake, whose coverage of all these shenanigans has been first rate, has the lowdown on [...]
Posted in Economics, Markets, USA | Tagged bailout plan, Congress, financial markets, henry paulson, TARP, us treasury, Wall Street |
By Kim on September 26, 2008
It only gets more surreal. You can read about the latest at Crooks & Liars and Firedoglake. None of this is about the economy. It’s about rescuing McCain’s campaign, not Wall Street. But reportedly McCain’s “help” comes down to supporting [...]
Posted in Economics, Foreign Elections, Markets, USA | Tagged american election 2008, financial markets, GOP, henry paulson, John Boehmer, John McCain, Paulson bailout, Republicans, TARP, US election 2008, USA Election 2008, Wall Street |
By Kim on September 24, 2008
In an interview where he displayed to the full his immense self-regard, and incidentally engaged in his now customary tease about his future in politics, Peter Costello was asked by Tony Jones to comment on his warnings during the election [...]
Posted in China, Foreign policy, Markets, Media, USA | Tagged Ben bernanke, Bush administration, christopher dodd, economic management, federal reserve, financial markets, henry paulson, liberal leadership, market bailout, Peter Costello, sovereign wealth funds, TARP, us treasury, Wall Street |
By Mercurius on September 23, 2008
You can file this one under “man bites dog”, but mid-1990s U.S. Republican House Leader Newt Gingrich has set out the conservative case for opposing, or at least putting a very short leash on, the proposed US$700 billion bailout of [...]
Posted in Ethics, International, Markets, USA | Tagged TARP |
By Mark Bahnisch on September 22, 2008
There’s an informative links post at Obsidian Wings from hilzoy. And a bit of food for thought: I do not want to hear people tell me that regulation cripples the economy, unless they are willing to admit that a lack [...]
Posted in Economics, Markets | Tagged ALP, banks, economic management, economic policy, financial crisis, financial markets, henry paulson, IMF, inflation, Kevin Rudd, Labor, Liberal Party, Malcolm Turnbull, market bailout, Peter Costello, TARP, us treasury, Wall Street, Wayne Swan |
Recent Comments