Rep. Labrador Says Obama Caused Economic Crisis

Rep. Raul Labrador (R-Idaho) blamed America’s economic problems on President Obama and says he must act to save the economy. (0:15)

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Serious Medicine Needed For Economy, Says Economic Advisor

Christina Romer, Chair of the Council of Economic Advisers, says the Obama administration is urging "serious medicine for serious economic problems." She says if the U.S. may not only make it through the current crisis, but could emerge "even stronger and healthier than before." (0:14)
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Dodd: Health Care Situation Is Unacceptable And Unsustainable

Sen. Chris Dodd (D-Conn.) says the current situation of the health care system is unacceptable, particularly from an economic standpoint. He said that this issue is vital to restoring the U.S. economy. (0:21)


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Geithner: Force of Economic Storm Weakening

Treasury Secretary Timothy Geithner explains what the current administration is doing to get the economy back on track. (0:37)
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Health Care: No Reform Needed

By Courtney Costello- Talk Radio News Service
Dr. Robert Moffit, the Director of the Heritage Foundation's Center for Health Policy Studies, described how new health care insurance initiatives would only hurt families in these economic times. He also mentioned that keeping health insurance privatized would be the best solution. (1:10)
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Cost Of Swine Flu "Uncertain"

By Kayleigh Harvey - Talk Radio News Service

At a House Joint Economic Committee Hearing today, Dr. Christina Romer, Chair of the Council for Economic Advisors, was asked by Congressman Vic Snyder (D-Ark.) “How should we view the added uncertainty in the economy both here and abroad that may be created the threat of a major health flu pandemic around the world?” Dr. Romer said the costs at this stage were "uncertain," adding the priority of the administration was to "save lives."

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McCain says stimulus bill is bad for economic future of America

Senator John McCain (R-Ariz), made a speech on the Senate floor, today, on the compromised version of the stimulus package. In his statement he said: "This legislation, in my view, is very, very bad for the economic future of America."
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Fraud contributed to economic crisis

By Kayleigh Harvey - Talk Radio News Service

This was an answer given by Neil Barofsky, Special Inspector General for the Trouble Assets Relief Program, at a Senate Judiciary Hearing, when asked by Committee Chairman Partrick Leahy (D-Vt), whether or not he thought fraud contributed to the economic crisis.
February 11, 2009.


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"Come on in, fraud is welcome"

By Kayleigh Harvey - Talk Radio News Service

Committee Chairman Senator Patrick Leahy (D-Vt) made this comment in an opening statement to the Senate Judiciary Committee on how he felt banks and private mortgage companies had relaxed their standards for loans.
February 11, 2009.
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The Economy - What went wrong?

Federal Reserve Chairman Ben Bernanke answers questions at the House Financial Serivces Committee about the possible causes of the economic crisis.
February 10, 2009.
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"Was the First 350 of the TARP spent well?"

By Kayleigh Harvey - Talk Radio News Service

Representative J. Gresham Barrett (R-S.C.), asks this questions to Chairman of the Federal Reserve, Ben Bernanke, at the House Financial Services Committee today.
February 10, 2009.
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New Federal Reserve Initiatives

By Kayleigh Harvey - Talk Radio News Service

Federal Reserve Chairman Ben Bernanke tells the House Financial Service Committee about two new initiatives to help make the Federal Reserve more transparent.
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"$800-$900 billion is the least we need to get economy moving again"

By Kayleigh Harvey - Talk Radio News Service

Talk Radio News Service hears former Secretary of Labor and current Berkeley Professor, Robert Reich's, view on the minimum amount needed to get the economy started again.
February 6, 2009.
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Unemployed and uninsured

Executive Director for Families USA, Ron Pollock, tells Talk Radio News Service, in a telephone conference, that the economic recovery package needs to extend health care coverage to the unemployed.
February 6, 2009
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Senator Max Baucus (D-MT) Argues That President's Goal for Achieving Surplus Is Unrealistic at Senate Committee on Finance Hearing

Senator Max Baucus (D-MT) argues that the Bush Administration's plan for having the economy achieve surplus by 2012 is unrealistic during today's Senate Committee on Finance hearing. The hearing questioned President Bush's budget proposal for the fiscal year 2009. (0:59)
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Senator Bunning (R-KY) Calls for Congressional Independence in Combatting Recession

At a hearing of the Senate Financial Committee, Senator Jim Bunning (R-KY) asserts Congress' independence from the Federal Reserve, blaming Chairman Ben Bernanke for the current state of the U.S. economy.
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Robert Kuttner says that companies today are using the same tactics as companies in the 1920s

Robert Kuttner, author of The Squandering of America and co-founder of The American Prospect, says that companies today are using the same tactics as the pyramid schemes of the 1920s, including "lack of transparency, insider conflicts of interest, and too much speculating with borrowed money." He cites Enron, Worldcom, and sub-prime lending as examples. He spoke at an event organized by the Campaign for America's Future and the Progressive Caucus, and featuring Reps. Barney Frank (D-MA), Barbara Lee (D-CA), and Lynn Woolsey (D-CA). (0:57)
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