Obama’s Banking Panic - Webster Griffin Tarpley, #166

Today we define the crisis; discuss the Federal Reserve; the steps that ought to be taken; the Troubled Asset Recovery Program or TARP; foreclosures; the administration's Stimulus Package; the "bad bank" concept under Treasury Secretary Timothy Geithner, Larry Summers, Paul Volker and Austan Goolsbee; the upcoming budget, the Fiscal Responsibility Summit; and what lies ahead under present policies.  Aired: February 25, 2009 http://tarpley.net/ Visit Guns and Butter at: http://www.gunsandbutter.org