Crimes Against Liberty (70 page)

Chapter 9

1
Sheryl Gay Stolberg and Stephen Labaton, “Obama Calls Wall Street Bonuses ‘Shameful,’”
New York Times
, January 30, 2009; available at:
http://www.nytimes.com/2009/01/30/business/30obama.html
[accessed June 29, 2010].

2
Julianna Goldman and Ian Katz, “Obama Doesn’t ‘Begrudge’ Bonuses for Blankfein, Dimon,”
Bloomberg.com
, February 10, 2010; available at:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKGZkktzkAlA
[accessed June 29, 2010].

3
Andrew Cline, “Obama Plays Favorites,”
The American Spectator
, February 12, 2010; available at:
http://spectator.org/archives/2010/02/12/obama-plays-favorites
[accessed June 29, 2010].

4
Ed Morrissey, “Obama: ‘I do think at a certain point you’ve made enough money,’”
HotAir.com
, April 29, 2010; available at:
http://hotair.com/archives/2010/04/29/obama-i-do-think-at-a-certain-point-youve-made-enough-money/
[accessed June 29, 2010].

5
“Obama Earned Nearly $2.5 Million in Book Royalties in 2008,”
Washington Post
, March 19, 2009; available at:
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/19/AR2009031903521.html
[accessed June 29, 2010].

6
Jake Tapper, “President Obama Compares Big Banks, AIG, to Suicide Bombers,”
ABCNews.com
, Political Punch, March 18, 2009; available at:
http://blogs.abcnews.com/politicalpunch/2009/03/president-ob-14.html
[accessed June 29, 2010].

7
“Obama Attacks AIG for ‘Recklessness and Greed,’” Associated Press, March 17, 2009.

8
Jeff Zeleny, “As the Public Simmers, Obama Lets Off Steam,”
New York Times
, March 20, 2009; accessed June 29, 2010]; see also, “Obama: ‘I Don’t Want to Quell Anger,’ Over AIG,”
USA Today
, The Oval blog, March 18, 2009; available at:
http://content.usatoday.com/communities/theoval/post/2009/03/64320451/1
[accessed June 29, 2010].

9
Eamon Javers, “Inside Obama’s Bank CEO’s Meeting,”
Politico
, April 3, 2009; available at:
http://www.politico.com/news/stories/0409/20871.html
[accessed June 29, 2010].

10
Jui Chakravorty Das, “U.S. to Put Conditions on TARP Repayment: Report,” Reuters, April 20, 2009; available at:
http://www.reuters.com/article/idUSTRE53J03720090420
[accessed June 29, 2010].

11
Eamon Javers, “Inside Obama’s Bank CEO’s Meeting,”
Politico
, April 3, 2009; available at:
http://www.politico.com/news/stories/0409/20871.html
[accessed June 29, 2010].

12
“Obama Complains About ‘Fat-cat Bankers,’” Reuters, December 11, 2009; available at:
http://www.reuters.com/article/idUS-TRE5BA4IF20091211
[accessed June 29, 2010].

13
Sharon Terlep, “GM Chief to Get $1.7 Million Pay,”
Wall Street Journal
, February 20, 2010; available at:
http://online.wsj.com/article/SB10001424052748703787304575075843943185642.html
[accessed June 29, 2010].

14
Thomas Sowell,
The Housing Boom and Bust
(New York: Basic Books, 2009), 44-52.

15
Lawrence H. White, “Housing Finance and the 2008 Financial Crisis,” The Cato Institute, August 2009; available at:
http://www.downsizinggovernment.org/hud/housing-finance-2008-financial-crisis
[accessed June 29, 2010].

16
MarketWatch, “Full Text of President Obama’s Remarks,” Marketwatch. com, December 14, 2009; available at:
http://www.marketwatch.com/story/obama-calls-bankers-fat-cats-before-meeting-them-2009-12-14
[accessed June 29, 2010].

17
Kate Andersen Brower, “President Will Meet with Community Bankers,”
Houston Chronicle
, December 21, 2009; available at:
http://www.chron.com/disp/story.mpl/headline/biz/6781944.html
[accessed June 29, 2010].

18
President Barack Obama, “President Obama Proposes Financial Crisis Responsibility Fee to Recoup Every Last Penny for American Taxpayers,”
WhiteHouse.gov
, January 14, 2010; available at:
http://www.whitehouse.gov/the-press-office/president-obama-proposes-financial-crisis-responsibility-fee-recoup-every-last-penn
[accessed June 29, 2010].

19
Jackie Calmes, “Taxing Banks for the Bailout,”
New York Times
, January 14, 2010; available at:
http://dealbook.blogs.nytimes.com/2010/01/15/taxing-banks-for-the-bailout/
[accessed June 29, 2010].

20
Ibid.

21
David C. John, “Obama’s ‘Financial Crisis Responsibility Fee’: Not Responsible, Not a Fee,” Heritage Foundation, January 21, 2010; available at:
http://www.heritage.org/Research/Reports/2010/01/Obamas-Financial-Crisis-Responsibility-Fee-Not-Responsible-Not-a-Fee
[accessed June 29, 2010].

22
Alister Bull, “Obama Chides Banks’ ‘Audacity’ for Fighting Fee,” Reuters, January 16, 2010; available at:
http://www.reuters.com/article/idUSN1514552120100116
[accessed June 29, 2010].

23
Ken McIntyre, “Bank-Robbing Tax Lets ‘Bad Guys’ Go Free,” Heritage Foundation, March 3, 2010; available at:
http://www.heritage.org/Multimedia/InfoGraphic/Bank-Robbing-Tax-Lets-Bad-Guys-Go-Free
[accessed June 29, 2010].

24
David C. John, “Obama’s ‘Financial Crisis Responsibility Fee’: Not Responsible, Not a Fee,” Heritage Foundation, January 21, 2010; available at:
http://www.heritage.org/Research/Reports/2010/01/Obamas-Financial-Crisis-Responsibility-Fee-Not-Responsible-Not-a-Fee
[accessed June 29, 2010].

25
Catherine Clifford, “Obama to Offer Broad Market Overhaul,”
CNNMoney.com
, June 15, 2009; available at:
http://money.cnn
. com/2009/06/15/news/economy/market_reorganization/index. htm?postversion=2009061512 [accessed June 29, 2010].

26
Jim Kuhnhenn and Anne Flaherty, “Financial Overhaul Bill Gets Wary Reception,” Associated Press, October 29, 2009; available at:
http://www.gopusa.com/news/2009/october/1030_financial_regs1.shtml
[accessed June 29, 2010].

27
Ibid.

28
Tom Braithwaite and Francesco Guerrera, “Obama Hammers Wall Street Banks,”
Financial Times
, January 21, 2010; available at:
http://ftalphaville.ft.com/thecut/2010/01/22/132081/obama-hammers-wall-street-banks/
[accessed June 29, 2010].

29
Jake Tapper and Sunlen Miller, “President Obama Takes on Big Banks: ‘If They Want a Fight, That’s a Fight I’m Willing to Have,’”
ABC News
, Political Punch, January 21, 2010; available at:
http://blogs.abcnews.com/politicalpunch/2010/01/president-obama-takes-on-big-banks-if-they-want-a-fight-thats-a-fight-im-willing-to-have.html
[accessed June 29, 2010].

30
Ibid.

31
Tom Braithwaite and Francesco Guerrera, “Obama Hammers Wall Street Banks,”
Financial Times
, January 21, 2010; available at:
http://ftalphaville.ft.com/thecut/2010/01/22/132081/obama-hammers-wall-street-banks/
[accessed June 29, 2010].

32
James Gattuso, “President Obama and The War on Banks,” The Foundry Blog, Heritage Foundation, January 22, 2010; available at:
http://blog.heritage.org/2010/01/22/president-obama-and-the-war-on-banks/
[accessed June 29, 2010].

33
Ibid.

34
Neil K. Shenai, “Obama’s Plan Finally Attacks ‘Too Big to Fail,’” Huffington Post, January 21, 2010; available at:
http://www.huffingtonpost.com/neil-k-shenai/obamas-plan-finally-attac_b_432462. html
[accessed June 29, 2010].

35
Carl Horowitz, “Dodd’s Financial Services ‘Reform’ Would Mean More Bailouts,” National Legal and Policy Center, March 25, 2010; available at:
http://www.nlpc.org/stories/2010/03/25/sen-doddsfinancial-services-reform-bill-would-escalate-federal-bailouts-control
[accessed June 29, 2010].

36
Timothy Geithner, “How to Prevent America’s Next Financial Crisis,”
Washington Post
, April 13,. 2010; available at:
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/12/AR2010041203341.html
[accessed June 29, 2010].

37
Jen Psaki, “False Criticisms to Obscure Choices,” White House Blog, April 13, 2010; available at:
http://www.whitehouse.gov/blog/2010/04/13/false-criticisms-obscure-clear-choices
[accessed June 29, 2010].

38
“Obama Slams US Chamber of Commerce for Anti-reform Ad,” Agence France-Presse, October 9, 2009; available at:
http://rawstory.com/2009/10/obama-slams-us-chamber-of-commerce-for-anti-reform-ad/
[accessed June 29, 2010].

39
Lisa Lerer, “White House Plan: Neuter the Chamber,”
Politico
, October 19, 2009; available at:
http://www.politico.com/news/stories/1009/28445.html
[accessed June 29, 2010].

40
Jim Puzzanghera, “Obama Official Slams U.S. Chamber Over Opposition to Financial Overhaul,”
Los Angeles Times
, March 25, 2010; available at:
http://articles.latimes.com/2010/mar/25/business/la-fi-obama-uschamber25-2010mar25
[accessed June 29, 2010].

41
“Administration Pushes for New Wall Street Rules,”
Cleveland Ohio Business News
, March 24, 2010; available at:
http://www.cleveland.com/business/index.ssf/2010/03/official_attacks_us_chamber_of.html
[accessed June 29, 2010].

42
Major Garrett, “Obama to Launch Public Campaign for Wall Street Crackdown,”
FOXNews.com
, April 18, 2010; available at:
http://www.foxnews.com/politics/2010/04/18/obama-launch-public-campaign-wall-street-crackdown/
[accessed June 29, 2010].

43
Darlene Superville, “Obama: Fresh Crisis Without New Financial Rules,” Associated Press, April 17, 2010.

44
Matt Cover, “Obama-Backed Financial Reform Bill Would Create New Bureaucracy with Power to Subpeona ‘Any Data’ from ‘Any Financial Company,’”
CNSNews.com
, April 6, 2010; available at:
http://www.cnsnews.com/news/article/63756
[accessed June 29, 2010].

45
Carl Horowitz, “Dodd’s Financial Services ‘Reform’ Would Mean More Bailouts,” National Legal and Policy Center, March 25, 2010; available at:
http://www.nlpc.org/stories/2010/03/25/sen-doddsfinancial-services-reform-bill-would-escalate-federal-bailouts-control
[accessed June 29, 2010].

46
Stephen Spruiell, “Corker vs. the Real Bailouts,”
National Review Online
, April 22, 2010; available at:
http://article.nationalreview.com/432208/corker-vs-the-real-bailouts/stephen-spruiell
[accessed June 29, 2010].

47
David C. John, “Dodd Financial Regulation Bill: Super Regulators Not the Answer,” Heritage Foundation, March 23, 2010; available at:
http://www.heritage.org/Research/Reports/2010/03/Dodd-Financial-Regulation-Bill-Super-Regulators-Not-the-Answer
[accessed June 29, 2010].

48
Conn Carroll, “Wall Street Bailouts Forever,” Heritage Foundation, Morning Bell, April 14, 2010; available at:
http://blog.heritage.org/2010/04/14/morning-bell-wall-street-bailouts-forever/
[accessed June 29, 2010].

49
Carl Horowitz, “Dodd’s Financial Services ‘Reform’ Would Mean More Bailouts,”
op. cit.

50
David C. John, “Dodd Bill Fails to Fix Too Big to Fail,’”
op. cit.

51
James Gattuso, “Senator Dodd’s Regulation Plan: 14 Fatal Flaws,” Heritage Foundation, April 22, 2010; available at:
http://www.heritage.org/research/reports/2010/04/senator%20dodds%20regulation%20plan%2014%20fatal%20flaws
[accessed June 29, 2010].