Bush asking for second half of TARP, veto if congress rejects

Discussion in 'Economics' started by bond_trad3r, Jan 9, 2009.

  1. bxptone

    bxptone

    Guess the "sheoples" vote deosnt' count anymore? SHOCKER.
     
  2. TGregg

    TGregg

    At the end of the article, there's a link to another story about how some dorks are trying to extend the TARP to just about everybody.

    That's just great. Let's just throw in the towel and send a million dollar check to everybody in the country. Geez. :(
     
  3. "Treasury officials are worried that if a financial firm teetered, they have no funds left to support such a company. "


    http://www.foxnews.com/politics/2008/12/16/paulson-says-major-financial-institutions-stabilied/

    Tuesday, December 16, 2008
    "Treasury Secretary Henry Paulson says he doesn't expect any more major financial institutions to fail.

    Paulson also said he has no plans to ask Congress to make the second half of the $700 billion financial rescue fund available before the Bush administration leaves office on Jan. 20. "

    :confused: