Comments for The Return of the TARP Lie About the Commercial Paper Market at http://www.cepr.net , comment 1 to 10 out of 10 comments http://www.cepr.net Sun, 19 May 2013 22:35:55 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4403 These SOB's do whatever they want knowing they won't be held accountable nor suffer any financial loss. That must change then they will start doing right by the people. - boxer Wed, 03 Nov 2010 03:12:51 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4070 The claim that the commercial paper market had "frozen up" at the time was exaggerated, to say the least, like the claim that commercial (non-investment) banks had "stopped lending". CP volume was not notably decreased and rates for lower-rated paper went up only to where they were a few months earlier (highest-rated paper was not affected). Looking at the actual data instead of relying on anecdotes would have shown that the claim that Main Street had already been affected by then was false. - skeptonomist Tue, 26 Oct 2010 03:17:14 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4056 The Money Market Run - Ellen1910 Mon, 25 Oct 2010 20:39:31 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4055 [i]But absent some kind of (nominally) costly and unpopular bailout . . . —TARP and the AIG bailout, primarily— . . . we would have had a costly and unpopular sequence in which people’s “safe” money market accounts were wiped out, to say nothing of perfectly solvent firms being suddenly unable to meet payroll.[/i] "The Money Market Run" - Ellen1910 Mon, 25 Oct 2010 20:32:13 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4049 Social Engineering to squeeze more out of working people "Let's just speak of using the incredible wealth of the earth for human beings, Give people what they need: food, medicine, clean air, pure water, trees and grass, pleasant homes to live in, some hours of work, more hours of leisure."- Howard Zinn - Scott ffolliott Mon, 25 Oct 2010 15:47:10 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4040 Clearly Bernanke was cooperating with Treasury Sec. Paulson to orchestrate the TARP steamrolling of Congress. - Scott Peterson Mon, 25 Oct 2010 14:26:00 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4038 How does the Republican created "fraudulent big government giveaway" merit a "Republican landside"? And I mean created in both senses; they created it's necessity and then created the program itself. - AndrewS Mon, 25 Oct 2010 09:40:11 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4034 Nice post. I always look forward to your clear explanations of what is going on in the press and in the real world. Thanks! - John Donnelly Mon, 25 Oct 2010 08:22:57 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4033 So true. It is a pity that the Dodd-Frank financial reform bill was not written until almost two years after TARP. By then, the magic moment when the government had the leverage to wring some real concessions out of the banks had evaporated, and the final product was full of compromises. The same thing is happening with Basel III. - Ed Dolan Mon, 25 Oct 2010 08:11:24 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-return-of-the-tarp-lie-about-the-commercial-paper-market#comment-4032 See Bubba, I told you Dean Baker was a friend of Teabaggers. He agrees with us that TARP was a fraudulent big government giveaway. Now all we have to do is convince our financial sponsors and MSM that TARP wasn't necessary to save us from a Second Great Depression. It's a piece of populist cake. Let's use it to turn the elections into a Republican landside. - izzatzo Mon, 25 Oct 2010 08:11:01 +0100