By Larry Johnson on Sep 26, 2008 in ACORN, Barack Obama, CNBC, Christopher Dodd, Current Affairs, Economy, Fox News, Hank Paulson, Housing Crisis, John Kerry | 61 Comments
As noted in previous posts I am in Europe finishing up work on a project related to national security. This gives me a great perch to observe the wave of financial news bearing down on the United States with the markets closing in Asia and the markets in Europe just getting started. So [...]
By Larry Johnson on Sep 25, 2008 in Chuck Schumer, Current Affairs, Democrats, Economy, FDIC, Franklin Raines, Hank Paulson, Home Loan, Housing Crisis | 178 Comments
I am sitting in Europe watching Barney Frank, Charles Schummer, and Chris Dodd, among others, parade across the screen offering to lead the charge to solve the Wall Street mess. With the effort to assign blame for the meltdown in the mortgage market led by the collapse of Freddie Mac and Fannie Mae well [...]
By Steve Diamond on Sep 25, 2008 in Economy, Hank Paulson, Housing Crisis, Real Estate | 89 Comments
SusanUnPC’s note: We all know Steve Diamond for his investigative work on Obama’s ties to Bill Ayers. Steve is a lawyer, political scientist and law professor. His blog is Global Labor and Politics.
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The Paulson Plan is not well understood. It is not a bail-out of failing Wall Street companies. Those companies are being [...]