Category: U.S. Treasury
By Larry Doyle on Jul 17, 2010 in Economy, Economy-Federal Agencies, Elizabeth Warren, U.S. Treasury | View Comments
Truth, transparency, and integrity! If our nation is to have any chance to recover from the throes of the worst economic crisis since the 1930s, it had better start elevating and embracing these aforementioned virtues. Time and time again, when we review business practices and political decisions at the center of our crisis, we have [...]
By Rabble Rouser Reverend Amy on Jun 30, 2010 in Chicago politics, Crime, Current Affairs, Obama Administration, Obama Comrades, President Barack Obama, Tim Geithner, U.S. Treasury, Unions | View Comments
How is it there are so many people in government who forget to pay their taxes? As it is, federal employees owe the US Government over $3 BILLION in unpaid taxes. But how is it that Obama keeps picking people to be in his Administration who “forget” to pay their taxes? I don’t get it. [...]
By Rabble Rouser Reverend Amy on May 11, 2010 in Bailouts, Christopher Dodd, Congress (House & Senate), Current Affairs, Democrats, Economy, Fannie Mae, Freddie Mac, Governance, Housing & Housing Crisis, Mortgage Crisis, National Debt, Tim Geithner, U.S. Treasury, treasury department | View Comments
And Fannie Mae are not included in the big Financial Reform Bill? I am just curious since they helped create this economic situation in which we find ourselves, and have drained billions of dollars from the coffers over the past couple of years. Now they want MORE. Oh, yeah – Freddie Mac is asking for [...]
By Larry Doyle on Mar 11, 2010 in Banks, Economy, Sense on Cents (Larry Doyle blog), U.S. Treasury | View Comments
How often have Americans heard politicians screaming at banks for not providing credit? How often have those same politicians and bank regulators informed us that they are working to have banks inject money into the economy to support Main Street? Regrettably, America deals with this pandering and posturing from our political leaders and regulators all [...]
By Larry Doyle on Mar 5, 2010 in Bailouts, Bank Bailouts, Banks, Citigroup, Economy, Sense on Cents (Larry Doyle blog), TARP, U.S. Treasury | View Comments
According to testimony yesterday from Treasury official Herb Allison, who is currently charged with overseeing the management of the TARP, there are no financial firms now guaranteed as ‘too big to fail.’ What rock did Herb just crawl out from? The Wall Street Journal addresses Herb’s ridiculous comment in writing, Treasury Official: ‘No Too Big [...]
By Larry Doyle on Feb 12, 2010 in Bank Stress Test, Banks, Economy, Economy-Federal Agencies, Elizabeth Warren, Sense on Cents (Larry Doyle blog), U.S. Treasury | View Comments
The initial Bank Stress Tests run by Treasury Secretary Geithner were largely a sham. I questioned as much last April in writing, “Bank Stress Tests: Major Sham?”: As with any test, the results are only meaningful if the process and proctor have unquestioned integrity. The proctors for the Bank Stress Test are none other than [...]
By Larry Doyle on Jan 8, 2010 in AIG, Bailouts, Current Affairs, Economy, Sense on Cents (Larry Doyle blog), Tim Geithner, U.S. Treasury, treasury department | View Comments
Tim Geithner blinked and screwed the American taxpayer out of billions of dollars in the process. How so? Geithner and his cronies in Washington have misrepresented–if not outright lied–about the payments to both domestic and foreign banks in settling exposures to then failing AIG. While politicians and pundits alike will reference the precarious nature of [...]
By Larry Doyle on Jan 3, 2010 in Bailouts, Barney Frank, Current Affairs, Economy, Fannie Mae, Freddie Mac, Housing & Housing Crisis, Larry Summers, Sense on Cents (Larry Doyle blog), U.S. Treasury | View Comments
Blank checks are the antithesis of good public policy. America can not allow the passage of time to lessen the outrage over the Obama administration’s Christmas Eve bonus to the financial sinkholes known as Freddie Mac and Fannie Mae. Platitudes and posturing aside, the American taxpayer is being set up as never before. A blank [...]
By Rabble Rouser Reverend Amy on Dec 9, 2009 in Current Affairs, Health Care, President Barack Obama, U.S. Treasury | View Comments
Some of you may recall how I ruined my partner’s Solstice present for me, one she had planned for some time, back in September. I had gotten a flyer from the Charleston Concert Series in the mail, and behold, my favorite opera singer, Kathleen Battle was coming to Charleston. Turns out, my partner had already [...]
By Rabble Rouser Reverend Amy on Oct 8, 2009 in Congress (House & Senate), Crime, Current Affairs, Democrats, Sarah Palin, Tim Geithner, U.S. Treasury, treasury department | View Comments
That is basically the excuse Rep. Maxine Waters (of ACORN-loving fame) uses for why Rep. Rangel is not going to have any comeuppance for his tax fraud in this article, “Rep. Waters: ‘Many Members’ Suffer From Disclosure Problems Like Rep. Rangel.” Holy smokes. BONUS look back at Rep. Charlie Rangel. Remember when he called VP [...]
By Linda Anselmi on Aug 19, 2009 in Bailouts, Economy, Obama Administration, U.S. Treasury | View Comments
On Friday, detailed compensation plans for the top 25 earners at seven companies — American International Group, Bank of America, Citigroup, Chrysler, Chrysler Financial, General Motors and GMAC — were delivered to the offices of Kenneth Feinberg, the Obama administration’s bailout bonus czar. Why? Because these companies received substantial government funds, and Mr. Feinberg has [...]
By Rabble Rouser Reverend Amy on Aug 18, 2009 in Deficit, Economy, President Barack Obama, Tim Geithner, U.S. Treasury | View Comments
I have some major things going on today, but I did want to touch on the Economy and what has been going on of late. As you may have heard, we have been adding $200 BILLION a MONTH to the Deficit. We are currently bumping up against the $12.1 TRILLION Debt Ceiling as established by [...]
By Larry Doyle on Jul 21, 2009 in Economy, Sense on Cents (Larry Doyle blog), U.S. Treasury | View Comments
I thought Barack Obama liked basketball. Lovers of the game coerced the NCAA to utilize a 24-second clock in order to speed the game up, showcase players’ talents, and render the North Carolina ‘four corners’ offense ineffective. What was the basic premise of that offense? Stall tactics. Well, welcome to the Brave New World of [...]
By Rabble Rouser Reverend Amy on Jul 18, 2009 in Bailouts, Bank Bailouts, Banks, Current Affairs, U.S. Treasury, Wall Street | View Comments
By now, surely you have heard by now that Goldman Sachs, which has gotten a ton of your hard earned dollars, is now rolling in the dough. Oh, yeah, baby – they are handing out some major big bucks to, well, themselves. I am sure MANY of you will appreciate this: The average Goldman worker [...]
By Rabble Rouser Reverend Amy on Jul 8, 2009 in Bailouts, Bank Bailouts, Current Affairs, Lobbyists, National Debt, President Barack Obama, SusanUnPC, Tim Geithner, U.S. Treasury, Wall Street | View Comments
That’s President Serene Jones, of Union Theological Seminary speaking. She continued, “Justice is what love looks like when it takes social form.” Wow. This is but one of the profound statements made by Dr. Jones throughout the course of Bill Moyers’ “Journal: Faith and Social Justice,” which also included Dr. Cornel West, formerly of Union, [...]
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