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Even with its status as a "program," we should insist on appropriate and regular accounting for TARP to ensure financial responsibility.
Hope that the global economy has shaken off the dust of the 2007-2008 financial crisis is giving way to uncertainty as the Arab Spring and disaster in Japan threaten to reverse recovery momentum.
The New Deal failed to reduce unemployment, and the policies of the Obama administration and the Democratic Congress since the financial crisis look to be a repeat performance.
Government assistance programs during the recent financial crisis were conceived in haste, poorly designed, and sometimes transparently politically motivated--and they entailed hundreds of billions of dollars of losses (so far) to taxpayers.
The global financial and economic crisis that emerged in August 2007 has entered a dismaying fourth phase.
We are in the midst of a serious financial crisis, and there is a temptation to act precipitously, without thinking of the long-term consequences.
As concerns about the economy grow, wecan expecta continued, rapid drop in home prices, the emergence of more troubled financial intermediaries, and continued "rescue packages."
Everything you always wanted to know about the housing crash, but were afraid to ask.



