TV News LIES

Sunday, Feb 01st

Last update09:46:15 AM GMT

You are here News Domestic (USA) Treasury Seeks Asset-Buying Power Unchecked by Courts

Treasury Seeks Asset-Buying Power Unchecked by Courts

E-mail Print PDF

The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets.

Through his plan, Treasury Secretary Henry Paulson aims to avert a credit freeze that would bring the financial system and the world's largest economy to a standstill. The bill would prevent courts from reviewing actions taken under its authority.

More...


Most Recent Related Stories...


Ohio postpones 2015 executions in search for lethal injection drugs

Ohio delays executionsOhio has postponed the executions of seven death row inmates so it can procure an adequate...

North Dakota jobs boom in danger as oil prices plummet

North DakotaThe shale oil boom of the last five years has brought soaring housing prices to Williston,...

Florida woman in 'warning shot' case released from jail

Melissa Alexander freedA Florida woman who says she fired a warning shot at her abusive husband was released...

California fails to track billions in mental health funds

CA wellness programState and county officials cannot show how billions of dollars collected through a voter-approved tax on...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!