TPMMuckraker Bob Bennett
Bailout
Bailout: Best Program Evaaah?
Zachary Roth | May 11, 2010, 9:26AM
Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Henry Paulson
As unpopular government initiatives go, the financial bailout would seem to rank somewhere up there between Prohibition and the Stamp Act.
In the political sphere -- and not just in far-right circles -- it's something close to a consensus view that the bailout was a corrupt giveaway of taxpayers dollars to Wall Street that will leave us deep in the red for decades. As Rep. Brad Sherman (D-CA) put it after TARP passed: "Only two things are certain: the bill will provide hundreds of billions of dollars to investors who made bad decisions and Wall Street executives; and our children and grandchildren will now face a national debt that is hundreds of billions of dollars higher." Sen. Bob Bennett (R-UT) was just ousted by state Republicans, who cited his vote for the TARP and derisively nicknamed him "Bailout Bob." And Sen. John McCain (R-AZ) has taken to claiming, implausibly, that he only supported the bailout because he was misled about the fact that it was targeted at the financial sector (seriously).
Topics: Bailout, Bob Bennett, Federal Reserve, Financial Crisis, Financial Reform, John McCain, TARP , Tim Geithner, Treasury Department, Wall Street
Common Sense Issues
Push Poll Group Returns: Says Senator Supports 'Health Care For Homosexuals'
Zachary Roth | April 1, 2010, 10:13AM
Republican senate candidate Mike Lee of Utah
They're baaaaaack!
Long-time readers may remember Common Sense Issues, a group that gained brief notoriety during the 2008 GOP presidential primary for launching a massive barrage of push poll calls in support of Mike Huckabee. One typical call claimed that John McCain supported "experiments on unborn babies."
PERMALINK | COMMENTS (11) | RECOMMEND RECOMMEND (2)Topics: Bob Bennett, Common Sense Issues, Health Care, John McCain, Marco Rubio, Mike Huckabee, Mike Lee
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