Midknight Review -- new and revised

Mission Statement: This blog reviews the news of the day in light of 242 years of American history. "Nationalism," a modern day pejorative, has been our country's politic throughout history, until 2008. Obama changed that narrative. Trump is seeking a return to our historical roots. Midknight Review supports this return to normality.

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Warren is simply NOT the pure anti-capitalist she claims to be.


<<<  Maybe Miss Goodie Two Shoes is not so righteous,  after all. 

Using this story as a catalyst for additional comment, "Elizabeth Warren refuses to say if Hillary would stand up to Wall Street...   ,  I am thinking that Warren is no more above feeding Big Money than is Hillary.   Understand that Warren was appointed by Obama to head a five member,  civilian oversight committee,  for TARP,  and, she occupied this position during a part of the time that  7 to 24 trillion dollars (nobody seems to know for certain) went through TARP into the nebulous world of "Big Money." 

My point?  There is simply no way Warren is not aware of the facts as reported in this brief,  whether she knowingly supervised some of these transactions or not.  
____________________

700 Billion Dollar Bank Bailout was Secretly 7 Trillion
www.whiteoutpress.com/.../700-billion-dollar-bank-bailout-was-secretly-...
Nov 30, 2011 - $700 Billion Bank Bailout was Secretly $7 Trillion ... Bernanke crafted a bank bailout program they termed TARP or the Toxic Asset ... Hank Paulson printed $7 trillion dollars, funneled it through the Federal Reserve and handed it over to the world's biggest banks with no strings attached and in total secrecy.



The Financial Crisis Response In Charts - Department of the ...
www.treasury.gov/.../20120413...
  United States Department of the Treasury
Apr 12, 2012 - (TARP), which was only one part of the government's broader effort to combat the ... Although the economy is getting stronger, we have a long way to go to fully ..... $24 trillion ... times – to the Treasury through fiscal year 2011.
  U.S. Rescue May Reach $23.7 Trillion, Barofsky Says ...
www.bloomberg.com/apps/news?pid=newsarchive...
  Bloomberg L.P.
Jul 20, 2009 - U.S. taxpayers may be on the hook for as much as $23.7 trillion to ... As a result, taxpayers don't know how TARP recipients are using the ...
  Watchdog: TARP tab could hit $24 trillion - Washington Times
www.washingtontimes.com/.../watchdog-says-tar...
  The Washington Times
Jul 21, 2009 - (FDIC), $7.4 trillion in TARP and other aid from the Treasury, and $7.2 trillion ... and civil investigations involving TARP money through June 30.
  Secrets and Lies of the Bailout | Rolling Stone
www.rollingstone.com/.../secret-and-lies-of-the-bailout-201...
  Rolling Stone
Jan 4, 2013 - The bailout deceptions came early, late and in between. ... the bailouts were pushed through Congress with a series of threats and promises ... actually told members of Congress that $5.5 trillion in wealth would disappear by ... immediate action, and that the world economy would collapse "within 24 hours.
  The total cost of the Bank Bailout - Daily Kos
www.dailykos.com/story/.../-The-true-cost-of-the-Bank-Bailout
  Daily Kos
Feb 20, 2013 - Obama never used the TARP funds to further bail out banks. ... beating in auctions of the Capital Purchase Program, one of the pipelines through which bailout money flowed. ... You might have noticed that about $3 Trillion went overseas. .... The Feds loan Bank X 1bn for 24 hours to cover that requirement.
  Adding Up the Government's Total Bailout Tab - Interactive ...
www.nytimes.com/.../20090205-bailout-totals-grap...
  The New York Times
Published: July 24, 2011. Adding Up the Government's Total Bailout Tab. Beyond the $700 billion bailout known as TARP, which has been used to prop up banks and car companies, ... Through April 30, the government has made commitments of about $12.2 trillion and spent $2.5 trillion — but also has collected more than ...
  Bernanke's Obfuscation Continues: The Fed's $29 Trillion ...
www.huffingtonpost.com/.../bernankes-obfuscation-...
  The Huffington Post
Dec 14, 2011 - The Fed's bail-out was not $1.2 trillion, $7.77 trillion, $16 trillion, or even $24 trillion. ... of the Fed's lending was a mere $1.2 trillion, and that it was spread across ... total at $7.77 trillion (Bloomberg) to $16 trillion (GAO) or even $24 trillion. ... If the Fed should go insolvent, the Treasury will almost certainly be ...
  Forget TARP: Wall St Borrowed $1.2 Trillion from Fed | The ...
www.ritholtz.com/blog/2011/08/wall-st-borrowed-1-2trillion/
  Aug 22, 2011 - Forget TARP: Wall St Borrowed $1.2 Trillion from Fed ... this: Data obtained by Bloomberg News through Freedom of Information Act requests, ... FDIC Bair: Bank Chiefs Need to Go (May 2009) ... August 22, 2011 at 12:24 pm.
  America's Next TARP Model - The Daily Show - Video Clip ...
thedailyshow.cc.com/videos/1fhjer/america-s-next-tarp-model
  Dec 1, 2011 - [BLEEP] IS IT THAT MARTHA. STEWART WENT TO JAIL? ... REMEMBER TARP, REMEMBER ... PROGRAM THROUGH WHICH THE. FEDERAL ... $7.7 TRILLION U.S. DOLLARS. .... April 27, 2015 - Elizabeth Olsen (21:24).
  TARP Treasury Secret 24 Trillion Dollar Question
sonoranalliance.com › Economics


 


at Monday, May 04, 2015
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2 comments:

  1. AnonymousMay 6, 2015 at 2:56 AM

    The electorate is changing.

    The latest WSJ/NBC poll listed a series of qualities in a potential presidential candidate and asked respondents whether they'd "be enthusiastic," "be comfortable with," "have some reservations about" or "be very uncomfortable with" a candidate with each of those qualities.

    The results revealed that Americans are actually quite open to having a gay presidential candidate. 61% said they would be either enthusiastic about or comfortable with a gay or lesbian candidate, while only 52% said they'd be enthusiastic about or comfortable with an evangelical Christian running for president.

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    1. John SmithsonMay 6, 2015 at 7:34 AM

      who cares? Identity politics is dead, at least for the immediate future. Hillary is not going to win the presidency if he runs as "the first woman president." We all know what happened when we voted for the "first black president." We got a moron who thinks of himself as the Messiah of international politics.

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