Recent Event Highlights: GUEST VIEW: Obama honeymoon is over - South Coast Today, Unions Find Members Slow to Rally Behind Democrats - New York Times, No winning in economy blame game - Los Angeles Times, Senate Passes Business Bill - Wall Street Journal, Obama to meet with Sudan leaders in effort to save peace plan - Washington Post, Extraordinary UN summit aims to rescue millennium development goals - Globe and Mail, and 146 more...
Created by dipity on Jan 30, 2009
Last updated: 10/31/10 at 08:14 PM
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GUEST VIEW: Obama honeymoon is overSouth Coast TodayBut don't worry — the president just unveiled a "new" $50 billion jobs package that even the most liberal of Democrats are reluctant to embrace given its ...and more »
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Unions Find Members Slow to Rally Behind DemocratsNew York TimesLabor leaders, once frustrated themselves about Mr. Obama and Congressional Democrats, have warmed to them recently after they enacted a $23 billion package ...and more »
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Los Angeles TimesNo winning in economy blame gameLos Angeles Times... ignore the surge in federal spending and ocean of red ink under Bush, as well as his role in passing the unpopular Wall Street rescue package. ...and more »
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Obama to meet with Sudan leaders in effort to save peace planWashington PostUnder its incentives package, the Obama administration is offering to allow increased investment in Sudan if the referendum is peaceful and credible. ...and more »
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Why Obama won't use the word 'stimulus'Washington Post (blog)... earth-moving results of the rescue package were funded with money from the American Recovery and Reinvestment Act -- whatever that is! ...and more »
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Excerpt
...works programs in a package the White House says will eventually cost USD 180 billion. It is the latest in a series of plans to rescue theUS economy. Following are steps to boost the economy taken by Obama, who inherited the worst recession since the 1930s...
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Moneycontrol.com
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http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=483636
Factbox: Obama plan is latest rescue effort for economyReutersECONOMIC STIMULUS PACKAGE - Obama and his Democrats passed a $787 billion package in February 2009 that authorized spending for roads, bridges, railways and ...and more »
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ABC NewsObama's Infrastructure Plan Is a Sham ProposalU.S. News & World Report (blog)After Obama and the Democrats were swept into office, they had the opportunity to pass a bipartisan economic rescue package that would help businesses save ...Today's Outrage: Obama's $50 Billion Is Paving a Road to the PastTheStreet.comObama for another business tax cutPakistan Daily Mailall 8,294 news articles »
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CBS NewsObama sought Ghosn to run GM, ex-car czar saysAutoWeekThe aid package GM, Chrysler and their related finance arms eventually secured totaled $85 billion. -- The administration also weighed a $10 billion fund to ...Rattner's memoir opens curtain on auto bailoutsThe Detroit Newsall 65 news articles »
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FOXNewsObama Administration: No Plans for Afghan Bank BailoutFOXNews... said that while the US government is advising Afghan officials on how to work through the panic, an Afghanistan bank rescue package is not in the works. ...and more »
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Murphy on the Trail (video)Litchfield County Times (blog)... to acquire credit in the nearly two years since the Congress and Mr. Bush approved a $700 billion economic rescue package for the financial markets. ...and more »
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Fed to BofA's Lewis: “Stop Jerking Us Around”Wall Street Journal (blog)... Bank of America and its regulators had only a couple of weeks to pull together a rescue package before the bank made its scheduled earnings announcement ...and more »
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INTERVIEW: US Lawmakers Need To Take Steps To Protect US's AAA Rating - S&PWall Street JournalEurope, which has been at the epicentre of sovereign debt worries this year, has been given breathing room by a rescue package agreed by the European Union ...and more »
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Home Owners Look To The Mortgage Loan Modification ProgramDaily News PulseAccording to this rescue package, the federal government set aside about $75 million for this program. However, not everyone would qualify for this loan ...and more »
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Renewable-energy industry protests federal funding cutDenver PostWASHINGTON — Teachers and most governors were thrilled over Congress' approval Tuesday of a $26 billion rescue package for states, ...and more »
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President Bush has once again appealed to Congress to pass the $700bn economic rescue bail-out package. In a live televised address to the nation he said the jobs, pensions and savings of millions of Americans were at stake.
"I think a new world order is emerging with the foundation of a new progressive era of international co-operation," Following the announcement of the deal at the ExCeL conference centre in London's Docklands, the FTSE share index closed up more than four per cent. Other stock markets around the world also rose sharply. The conclusion of the summit also coincided with the release of figures that suggested the British economy could be starting to recover. House prices have risen and the Bank of England claims that lending to businesses has improved. Mr Brown's delight at securing the agreement — which had been under threat from Nicolas Sarkozy, the French President, and Angela Merkel, the German Chancellor — was evident. The success was echoed by Mr Obama. "By any measure the London summit was historic," he said. "It was historic because of the size and the scope of the challenges that we face and because of the timeliness and magnitude of our response." Mr Sarkozy, who had threatened to walk out of the talks unless he got action on tax havens, said a "page has been turned" on the old financial model, the "Anglo-Saxon model". One trillion dollars will be made available to the IMF and, in turn, to countries threatened by the downturn. However, Mr Brown made it clear that he did not intend to apply for funds for Britain, despite opponents warning that the country will soon need a bail-out due to the growing deficit in the public finances. Mr Obama, who leaves Britain after a ...
Center for Research on GlobalizationWhat do BP and the Banks Have In Common? The Era of Corporate AnarchyCenter for Research on GlobalizationWhen Lehman busted and the credit markets froze, a slap-dash improvised “rescue package” was drawn up, then the $700 billion TARP, then Quantitative Easing, ...
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Proactive Investors UKFTSE 100 posts 1.7% weekly gain after flat finish on Friday, seen unchanged on ...Proactive Investors UKIn Europe, Spain has been the leading newsmaker after it was reported that the country was looking to secure a rescue package form the EU and the ...and more »
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Ground Zero heroes urged to accept $750 million compensation packageNew York Daily NewsThe beefed-up settlement for rescue and cleanup workers was unveiled last week. It includes more cash for the sick and less money for the lawyers. ...and more »
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German Chancellor Angela Merkel's coalition government has taken another hit and some fear it may not last until the end of its term. This follows protests against a proposed hundred billion dollar austerity package. Leaders are dealing with the fallout over the bailout for Greece and an even larger package to rescue the single currency.
The GuardianSPECIAL REPORT-After euro zone crisis, what next?ReutersEuropean finance ministers had come together in Brussels late on the Sunday afternoon to thrash out a rescue package to stabilise the common currency. ...German government's future questionedWBOC TV 16all 942 news articles »
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Feds Didn't Do Enough To Avoid 'Poisonous' AIG Bailout And Now Changing Story ...Huffington Post (blog)"The lawyers who represented banks trying to put together a rescue package for AIG became the lawyers to the Federal Reserve, shifting sides within a matter ...and more »
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European Stocks Rally After China Exports Report; Inditex GainsBusinessWeekOnly 23 percent say they expect the region's almost $1 trillion rescue package to both keep the European monetary union together and prevent a debt default ...and more »
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Obama to Reopen Oil DrillingWall Street JournalWildlife workers cleaned oil off a brown pelican Monday at a rescue center in Fort Jackson, La., where 292 birds have been brought since the Gulf oil spill ...and more »
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CBC.caFortune-hunting in BerlinExpressindia.comWall Street did not particularly like the Obama package. Going forward, the G-20 will also witness some contestation among nations over the decision-making ...German vote on GM aid vital to Vauxhall's futureTelegraph.co.ukCrunch Time in Germany for GM Europe: UK Coalition also needs to back the auto ...The Birmingham Post (blog)all 569 news articles »
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Education is a worthwhile federal investmentWashington PostThey were given a year's grace when President Obama dedicated a large slice of the 2009 fiscal rescue package of $787 billion to staving off the cuts that ...and more »
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Sydney Morning HeraldEurope Must Follow Through on Rescue: GeithnerCNBCThe US recovery will continue, despite financial turmoil in Europe, as long the governments on the continent follow through on their promised rescue package ...Geithner Says US Meeting G-20 Pledge to Boost Economic GrowthBusinessWeekall 839 news articles »
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Washington PostGeithner to confer with European leadersThe Associated PressEconomics professor Sung Won Sohn said the Obama administration had to be concerned that the $1 trillion rescue package for debt-burdened European countries ...Geithner Says Officials Must Act Quickly in CrisesBusinessWeekGeithner's UK, Germany Trip Highlights Focus on World EconomyBusinessWeekGeithner: US, Europe broadly agree on reformThe Associated PressWall Street Journal -Council on Foreign Relations -WYMTall 1,279 news articles »
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www.MarkFiore.com Dogboy and Mr. Dan are back, this time talking about the stock market, Europe and debtor nations! Will Dogboy and Mr. Dan ever see eye to eye? Take a look at government meddling and regulation and find out! A Mark Fiore political animation.
Trading Tax Plan Panned By European Derivatives GroupWall Street JournalMerkel is backing a trading tax as one way to offset the costs of a EUR750 billion rescue package put together by the European Union as Greece grapples with ...and more »
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The global financial crisis is now officially turning into a currency crisis as predicted by Ron Paul and others years ago. With the new $1 trillion EU rescue package, central banks around the world are printing money out of thin air to prop up a failing system. The idea that American citizens are paying to bail out Europe is astounding. The Federal Reserve and other central banks are intentionally devaluing currencies worldwide to bring in a new international reserve currency regulated by them. In other words, the people who caused the crisis are coming in and offering the solution giving them total control over the world's monetary system. This fraudulent, corporate looting is transferring wealth from ordinary citizens to the ultra-rich, consolidating global power. This is unprecedented in world history. Please support Ron Paul's bill to audit the fed and research these topics for yourself. Thank you for watching and subscribe to aenfroy87 if you enjoyed the video.
My video commentary on the economic crisis in Europe. I talk about the Euro Bailout (of Greece, Spain and Portugal), the BP gulf oil spill operations, Fannie Mae's request for another bailout and Ron Paul's Audit the Fed bill. You can support this video by DIGGING it digg.com Europe Officials Move to Carry Out Rescue Package www.nytimes.com Federal Reserve opens credit line to Europe news.yahoo.com Fannie Mae seeks $8.4B in aid after 1Q loss apnews.myway.com Plunge in US equities remains a mystery www.ft.com Ron Pauls audit the fed bill compromised in Senate www.smallgovtimes.com White flight? Suburbs lose young whites to cities news.yahoo.com Death count after Tennessee floods rises to 23 www.cnn.com Utah GOP convention rejects incumbent Sen. Robert Bennett www.cnn.com Obama picks Kagan as next US Supreme Court justice: media news.yahoo.com What next? After failure, BP mulls gusher options news.yahoo.com Report finds it wasn't just a 'Mancession' news.yahoo.com
A HIGH PRIORITY VIDEO. Part 2 of 2. Cap and Trade regulation will benefit Obamas friends, mostly radicals and selected corporations. A whistleblower contacted Glenn Beck and exposed individuals and corporations behind the new changed cap and trade regulations. Cap and trade was supposed to impose a tax/fees on polluters to reduce the pollution. Remember CHANGE? The new changed scheme with the new cap and trade regulations proposed by Obama will take most of the wealth from USA, tax all energy users with $10 trillion per year. The new law will require transfer of the money to poor counties, while the exchange, CCX created by Obama and his radical supporters together with a selected group of corporations will collect a fee for the administration of the wealth transfer. Chicago Climate Exchange (CCX) is owned by individuals (including Al Gore) in control of Climate Exchange PLC. This group is located in the offshore tax paradise of Isle of Man. The fees/taxes will kill the free economic system, the scheme will result in transferring the american wealth and place it in poor counties. If implemented globally it will kill the west and transfer their wealth to the developing world. In this context it is interesting to know where Mr. Obamas loyalty lies. Is he more supportive of the developing poor countries or America? Does he support his native Africa more where most of his extended family lives, or does he support America where he has no extended family remaining. Does his ...
A HIGH PRIORITY VIDEO. Part 1 of 2. Cap and Trade regulation will benefit Obama's friends, mostly radicals and selected corporations. A whistleblower contacted Glenn Beck and exposed individuals and corporations behind the new changed cap and trade regulations. Cap and trade was supposed to impose a tax/fees on polluters to reduce the pollution. Remember CHANGE? The new changed scheme with the new cap and trade regulations proposed by Obama will take most of the wealth from USA, tax all energy users with $10 trillion per year. The new law will require transfer of the money to poor counties, while the exchange, CCX created by Obama and his radical supporters together with a selected group of corporations will collect a fee for the administration of the wealth transfer. Chicago Climate Exchange (CCX) is owned by individuals (including Al Gore) in control of Climate Exchange PLC. This group is located in the offshore tax paradise of Isle of Man. The fees/taxes will kill the free economic system, the scheme will result in transferring the american wealth and place it in poor counties. If implemented globally it will kill the west and transfer their wealth to the developing world. In this context it is interesting to know where Mr. Obamas loyalty lies. Is he more supportive of the developing poor countries or America? Does he support his native Africa more where most of his extended family lives, or does he support America where he has no extended family remaining. Does his ...
TARP couldn't kill the Big Banks. Let's see how many Small Banks take a bite
Alistair Darling rules out US banking style levyFinancialAdvice.co.uk... on the US banking system purely and simply to replenish taxpayer coffers which have been emptied because of the banking rescue package in the states. ...and more »
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MiamiHerald.comFirst Lady Michelle Obama creates her own fashion trendLos Angeles TimesObama would be a one-woman stimulus package, able to rescue the industry from financial ruin with her bare biceps. Last year, she was on the covers of Vogue ...The Oval: Tracking the Obama presidencyUSA Todayall 290 news articles »
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Barack Obama's first year in officeWalesOnlineThe Clinton administration tried to pass a minutely detailed reform package in 1994 which crashed like a concrete balloon. In contrast, Prof Roper notes: ...and more »
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AFPObama, allies see health care deal within reachAFPObama will travel to Boston on an 11th-hour political rescue mission for Massachusetts Attorney General Martha Coakley, White House spokesman Robert Gibbs ...and more »
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Obama Tax Prompts Put-Upon Bankers to Break Out the ViolinsBusinessWeekUnder ideal circumstances, it would be a down payment on a much bigger reform package. Farrell is contributing economics editor for BusinessWeek . ...and more »
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Boston GlobeLiz Peek: President Obama Caves to Labor, AgainWomen on the WebAs the monstrous health bill took shape, it became glaringly obvious that "reform" was not anywhere to be found, and that the cost of the package would be ...Obama finally plunges into health-care talksWashington Post (blog)Congress in '09: EconomyCongress.org (blog)all 3,757 news articles »
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Excerpt
...that got no bailout money to start with. But the White House argues that the industry as a whole benefited from the calm the rescue package brought to the markets. Obama also said the financial industry bears responsibility for the crisis because of what...
Source Info
Toronto Star
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http://www.thestar.com/business/article/750987--obama-bailout-fee-to-raise-117-billion
Excerpt
...left much of the capital city of Port-au-Prince in rubble. Our correspondent has details on the American relief and rescue effort. Speaking at the White House, President Obama says the emergency relief effort is one of the largest in recent history and represents...
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Voice of America
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http://www1.voanews.com/english/news/US-Announces-100-Million-Aid-Package-for-Haiti-81563547.html
Excerpt
...new excesses. The aim of the special levy was to the government spending 700 billion U.S. dollars for the severe banking rescue package "to the last penny to collect" back, "said Obama. "My determination is heightened by the reports of massive profits and obscene...
Source Info
Amnesty International
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http://blogs.amnesty.org.uk/blogs_entry.asp?eid=5587
The HinduObama Calls For "Financial Crisis Responsibility Fee" On Big BanksRTT NewsThe $700 billion financial rescue package is expected to run roughly $117 billion in the red, even though many banks have already repaid the federal loans ...Obama Looks To Tax BanksPortfolio.com (blog)Will the Administration's Proposed Bank Tax Create a Moral Hazard Problem?CBS MoneyWatch.com (blog)Obama bailout fee to raise $117 billionToronto StarXinhuaall 2,475 news articles »
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The HinduHaiti quake: Obama announces $100m-US aid packageThe GuardianObama's impassioned remarks came as international rescue teams today began arriving in Haiti, where the death toll from Tuesday's earthquake has been put at ...US Announces $100 Million Aid Package for HaitiVoice of AmericaObama Announces $100M In Aid For Haitian Earthquake RecoveryKaiser Family FoundationCongress could attach additional Haitian relief funds to war supplementalThe Hill (blog)Heritage.org (blog) -UPI.comall 4,757 news articles »
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Barack Obama (48) is fighting against the greed of bankers! Now the US president wants top managers, whose company collects billions in state aid to slash salaries and bonuses. The decision to take the new remuneration arrangements ultimately Kenneth Feinberg, the special envoy for Manager in charge of Finance. He has until 30 October Rules for the remuneration of the 25 best-paid managers present. The Congress had laid in February, the legal basis for it. In June, the Treasury relied ...
PJ Medics Package 332nd Air Expeditionary Wing RSS Video by Staff Sgt. Genevieve Armstrong Date Taken: 10.02.2009 Posted: 10.03.2009 12:52 Video Location: IQ Package made from "PJ Medics" b-roll about a down pilot rescue training for para-rescuemen. Produced by Staff Sgt. Gena Armstrong.
A compilation of News highlights from BBC World News reviewing US President Barack Obama's Finance Plan, including Budget & Stimulus Plans, Job & Liquidity Stimulus, Press Conferences & Addresses to Congres, Banking Bail-outs & Bonuses, public and political concerns and Globally related and connectes topics from the world of business and finance. In this part (3 of 20) - Full Coverage of President Obamas first Press Conference (Part 2 of 7) and his speech and arguments for a massive rescue ...
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