by Jane Richey | May 29, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
American International Group (A.I.G), the recipient of the largest federal bailout ever, is suing the U.S. for a tax overpayment, according to media reports. The insurance giant, which collapsed during the 2008 financial crisis, says it is owed $30.2 million in...
by Jane Richey | Apr 25, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The U.S. Treasury Department’s own Inspector General for the Troubled Asset Relief Program, or TARP, on Wednesday contradicted a previous Treasury statement that the bank bailout program was profitable. In its quarterly report to Congress, the Special Inspector...