Tarp | Expose Obama

Obama To Spend TARP Funds On “Creating Jobs”

By Karen Travers and Sunlen Miller,ABC News

Like Unicorns,more Federal Spending creating jobs is a fantasy

President Obama said today that while the federal bailout program for financial institutions turned out to be “much cheaper than we expected,” it is still “not cheap and he suggested that some of [...]

The Indispensable Geithner

By J.C. Arenas,American Thinker

Geithner was supposed to save the day? You be the judge?

Timothy Geithner was portrayed as the indispensable man,but now no matter how much the media continue to flack for him,he’s still kissing the floor.

The Treasury Secretary aimed to cure the ills [...]

Obama Treasury won’t disclose bank bailout details

By Chris Adams,McClatchy Newspapers

The massive programs designed to rescue the nation’s financial sector are operating without adequate oversight,with vague goals and limited disclosure of their details to the taxpayers who are paying for them,government watchdogs told a Senate panel Tuesday.

The Troubled Asset Relief [...]

Geithner Says Some Banks to Need ‘Large Amounts’ of Assistance

By Ryan J. Donmoyer,Bloomberg

Geitner has lost the faith of Wall Street and Main Street

U.S. Treasury Secretary Timothy Geithner said some financial institutions will need substantial government aid,while warning against any attempt to tax investors who join a federal program to buy tainted assets from banks.

Senator Grassley “Sucking the Tit of The Taxpayer”

Anger Over AIG Depletes Obama’s Political Capital

By Michael D. Shear and Paul Kane,Washington Post

Government money going to bonuses and foreign banks

President Obama’s apparent inability to block executive bonuses at insurance giant AIG has dealt a sharp blow to his young administration and is threatening to derail both public and congressional support for his ambitious [...]

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’s Open Records Pledge Failure

By Mark Pittman and Alison Fitzgerald,Bloomberg

Obama's Treas. Sec. Geithner speaks at swearing in

U.S. government guarantees on securities totaling $419 billion for bank bailouts provide an early test of President Barack Obama’s pledge to be open with taxpayers about what they have at risk in the credit crisis.

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