Obamabailouts

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TARP:

[TARP] Watchdog: Administration’s Efforts to Restrict Executive Pay at Bailed-Out Firms Failed

http://cnsnews.com/news/article/watchdog-administration-s-efforts-restrict-executive-pay-bailed-out-firms-failed

and…

Taxpayers still owed $132.9B from bailout: report

http://apnews.myway.com/article/20120126/D9SGJK6G0.html

and…

CBO Updates TARP Tally: $24B Cost To Taxpayers ($14B From AIG)

http://www.forbes.com/sites/steveschaefer/2012/10/11/cbo-updates-tarp-tally-24b-cost-to-taxpayers-14b-from-aig-bailout/print/

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“[Obama’s] increased emphasis on the housing crisis will lead to larger taxpayer losses from a 2008 emergency bailout fund.”

http://nationaljournal.com/2013-budget/housing-president-s-budget-would-increase-taxpayer-losses-on-tarp-20120213

[“Emphasis” is a euphemism for what, again?]

[Oh right, “redistibuting wealth.”]

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Fannie & Freddie:

Your Share of Fannie, Freddie Losses: $1,300

http://blogs.smartmoney.com/advice/2012/02/29/your-share-of-fannie-freddie-losses-1300/

[Yes, you may not even know what Fannie Mae or Freddie Mac are (soon to be “were”) but you owe Barack Obama (and George Bush and Bill Clinton) $1,300 for their persistent economic ignorance anyway.]

and…

“Rather than ‘buying time,’ the Obama Administration’s move may actually be cementing the current arrangement and increasing the odds that the 95% market share from 2008 remains the GSEs’ low water mark for the next 10 years as well.”

http://www.economics21.org/files/pdfs/commentary/10_09_2012_FannieFreddie.pdf

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Gov’t to Insure Refinancing of FHA Mortgages with No Income, Employment, or Credit Verification

http://cnsnews.com/news/article/gov-t-insure-refinancing-fha-mortgages-no-income-employment-or-credit-verification

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Government Motors:

GM’s Profits Don’t Mean Taxpayers Will Be Off the Hook

The company’s cash cushion might go to unions, not investors.

http://reason.com/archives/2012/02/22/gms-profits-dont-mean-taxpayers-will-be

and…

As GM shares near record low, taxpayer loss on bailout rises to $35 billion

http://news.investors.com/article/616849/201207030826/gm-bailout-taxpayer-loss-rises-as-shares-fall.htm