Ellen Brown: Europe has a strong tradition of publicly-owned banks. If the people must bear the costs, the people should own the banks and reap the benefits.
Bloomberg to Treasury
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Brent Budowsky: Naming Bloomberg Treasury secretary would be a bold move by Obama to seek a post-partisan truce against gridlock in Washington and to escalate an urgent bid to create jobs, revitalize housing and revive the economy.
Let’s Have a Tea Party
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Ted Vaill: Teabaggers, look at what has happened this past week in England – get rid of entitlements and you have rioting in the streets fomented by the unemployed youths who have been pushed down through England’s safety net.
Automakers’ Bailout and Bankruptcies Shortchanged Accident Victims
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Marian Wang: The U.S. Treasury still holds a stake in Chrysler that it intends to sell, and an Obama administration official has said that the government doesn’t expect to fully recover about $1.9 billion in remaining investments.
Treasury Slow Fixing Foreclosure Prevention Program
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Marian Wang: By the end of last year, the program had given nearly 1.5 million households “a chance” of a mortgage modification through a trial modification. For most, that chance never turned developed into permanent help.
John Boehner’s Baby Mamas
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Robert Illes: Boehner may seem like a big orange baby, weeping on behalf of the American public, and how much he hurts for them (so he says). But he is really a cooing and suckling baby of those who supposedly the “tea party” (and just about everybody else) are furious about,
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