U.S. Bancorp CEO Davis rips TARP

Nicole Garrison-Sprenger,Pioneer Press

Davis says government is not helping

There is no “A,R or P”in the government’s Troubled Asset Relief Program,quipped U.S. Bancorp Chief Executive Richard Davis Tuesday morning in front of about 300 business people in Minneapolis.

“It’s just troubled,”the 50-year-old CEO said [...]

Obama to outline housing plan

Victoria McGrane,Politico

Obama explains socialism

President Barack Obama will outline his plan to combat foreclosures in a speech Wednesday – eight days after taking heat for not detailing the plan as part of his new financial stability effort. 

The White House said the Wednesday speech in Phoenix,Ariz.,did [...]

Obama team has rocky start in bank bailout revamp

Associated Press

Geithner blows his opening bailout pitch,Dow plummets

That bomb of a bailout intro could make things tougher later on for the administration.

President Barack Obama and his top financial officials will be picking up the pieces and filling in the blanks in the sprawling bailout overhaul package [...]

Barack Obama’s Savior-Based Economy

Michelle Malkin,Townhall

Only Obama can save us now

President Obama is back in messianic campaign mode. It is unbecoming. When he’s not snarling at conservative opponents of his endless spending programs,he’s pandering to supporters as the nation’s community organizer-in-chief. At a stimulus rally in Ft. Myers,Fla.,on Tuesday,a [...]

U.S. Taxpayers Risk $9.7 Trillion on Bailouts as Senate Votes

By Mark Pittman and Bob Ivry,Bloomberg

The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion,enough to pay off more than 90 percent of the nation’s home mortgages.

The Federal Reserve,Treasury Department and Federal Deposit Insurance [...]