Wednesday, April 14, 2010
Fwd: Enterprise Update: Protecting Consumers in the Financial Marketplace
Protecting Consumers in the Financial Marketplace: Thinking Outside the Boxes
By James Gattuso , Todd Zywicki , Alex Pollock and David C. John
Do consumers need a new regulatory agency to protect them in the financial marketplace? The question has been at the center of the ongoing congressional debate over financial services reform. But is such an agency really necessary, or will it do more harm than good? And if it is created, where should it be located, and--most critically-- what powers should it have? A panel of experts discusses these and other questions regarding consumer protection and financial regulation.
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Fwd: Morning Bell: Wall Street Bailouts Forever
04/14/2010
There is no person more central to Washington's bailouts of Wall Street than Treasury Secretary Timothy Geithner. As President of the Federal Reserve Bank of New York, he oversaw the federal bailout of Bear Stearns in March 2008 and under former Treasury Secretary Hank Paulson, Getihner designed the original bailout plan for the American International Group (AIG) later that same year. As Treasury Secretary, Geithner has enthusiastically assumed full authority over the $700 billion TARP fund first secured by Paulson under President Bush and he had continued to wield it in the same haphazard manner as his predecessor.
Considering these facts, one might think that the Obama administration would be shy about making the personification of Washington's Wall Street bailouts the front man for their supposed financial reforms. But no, Secretary Geithner took to the op-ed pages of The Washington Post yesterday to make the case for the President's version of finance reform. After a brief defense of his TARP management, Secretary Geithner writes:
Fwd: Conservative Examiner: Special army unit ready to be deployed on American soil just before Nov. elections
Conservative Examiner, Anthony G. Martin
As an original foot-soldier in 'the Reagan Revolution' that led to the election of Ronald Reagan, Anthony G. Martin is no stranger to politics, particularly in the state of his birth, South Carolina.
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