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Showing videos filed under: treasury
How's Your Stimulus?
July 22, 2009How’s your stimulus? The Obama administration has been getting a lot of flack lately for a so-called jobless recovery. Only about 10 percent of the stimulus money has actually been distributed and some are getting impatient. But those who are keeping an eye on the stimulus money at the state level say that it’s having a real impact and that there's more to come.The F Word: Treasury's Private Ocean
July 20, 2009The public paid out. And we waited, and waited, while unemployment rose and wages sank. Where'd our money go? Of 360 banks that got money through the end of January -- Barofsky reports that 110 invested at least some of it on the stock market, 52 repaid bad debts they'd taken out, and 15 used our funds to buy up other banks. And that's not even counting the millions they spent lobbying against bankruptcy reform or credit card regulation.Katrina vanden Heuvel: Spitzer for Treasury?
March 30, 2009Katrina vanden Heuvel writing in The Nation: "Spitzer took on Wall Street's metastasizing corruption before the meltdown. He defended consumers' and taxpayers' rights. He speaks with passion and clarity about what went wrong and what needs to be done to restore integrity to our system. He is chastened by personal scandal, yet untouched by complicity in Wall Street's public scandals which have obliterated peoples' savings and devastated our country."The F Word: Obama's Economic Team: Out of Touch?
March 24, 2009Americans don't need credit; they need income. Money to pay off bills, pay rent, pay mortgages, pay for college, and health care. Even an occasional vacation?!! They need livable housing they can rent. But so far it's not coming from the Treasury.Weekly Audit: Stop Subsidizing Wall Street
March 24, 2009Treasury Secretary Timothy Geithner rolled out his new Wall Street bailout plan on Monday and the progressive verdict is already in: This bailout doesn’t look much better than the last one. In fact, Geithner’s latest plan isn’t much different from several other flawed proposals policymakers have floated over the past year.The F Word: Geithner's plan: Like an Oil Spill
March 23, 2009Years after the Exxon Valdez belched guck all over the Alaska coast, ruining a fishing industry and bankcrupting a people, the financial industry's flooded our economy with garbage, and we're going to let the ships captains control the clean up?
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