WASHINGTON - Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to pull the global economy "back from the abyss."- http://msnbc.com/ business
Industry Seeks Fannie, Freddie Overhaul
Bill Harrison (Source: Google)
"A mortgage-industry trade group is calling for Congress to transform Fannie Mae and Freddie Mac into several smaller privately held companies that would issue mortgage securities carrying an explicit government guarantee....more http://google.com/
Economists Claim TARP Turns $6 Billion Profit
September 2, 2009 by Sam Holder
Last October, the US Congress signed into law the largest bail out of any American corporation in history.
Biggest bailout in history has questionable long-term effect
TARP, or The Troubled Assets Relief Plan, cost nearly $700 billion and bailed out some of the largest lending and banking institutions in the America, including some of the storied, historic investment banks like Goldman Sachs. After a short and bloody battle in the court of public opinion and in Congress, then-Treasury Secretary Hank Paulson convinced officials and members of Congress to....more http://politicsunlocked.com/
College Republicans Working on Liberal Professors Blacklist
September 2, 2009
by Meghan Harvey
The school year may have just begun but the University of Toledo College Republicans are already hard at work. They are not tackling school work, but instead are compiling a list of liberal professors at UT that they claim have been biased against Republican students based on their political beliefs. The UT College Republicans claim that the list is in no way a form of “outing” liberal professors but a way to speak out for the conservative students who say their grades have been affected because of these professors' liberal views.more http://politicsunlocked.com/
Politico**Presented by the U.S. Chamber of Commerce
The proposed Consumer Financial Protection Agency Act would create a new government bureaucracy with sweeping authority going far beyond financial services regulation. Virtually every business that extends credit to American consumers would be affected, including neighborhood groceries and even funeral homes. CFPA would threaten the privacy of consumer financial information and take away consumers choices. This is not consumer protection, it's more big government. Learn more at http://www.stopthecfpa.com/
