{"id":24102,"date":"2011-11-27T21:20:00","date_gmt":"2011-11-28T04:20:00","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2011\/11\/27\/the-bail-out-nobody-knew-about.html"},"modified":"2011-11-27T22:15:39","modified_gmt":"2011-11-28T05:15:39","slug":"the-bail-out-nobody-knew-about","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2011\/11\/27\/the-bail-out-nobody-knew-about.html","title":{"rendered":"The Bail-Out Nobody Knew About"},"content":{"rendered":"<p>It&#39;s not so much that the loans were made. I understand the whys and wherefores there.  I&#39;m roughly okay with that.<\/p>\n<p>That they are (a) made in secret to firms that then (b) spearheaded efforts to prevent future oversight and regulation to keep the same disastrous conditions from occurring &#8230; yeah, that I&#39;m not really okay with. #ddtb<\/p>\n<p style='clear:both;'>\n<p style='margin-bottom:5px;'><strong>Embedded Link<\/strong><\/p>\n<div style='height:120px;width:120px;overflow:hidden;float:left;margin-top:0px;padding-top:0px;margin-right:10px;vertical-align:top;text-align:center;clear:both;'>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img style='max-width:none;' src='http:\/\/images0-focus-opensocial.googleusercontent.com\/gadgets\/proxy?container=focus&#038;gadget=a&#038;resize_h=100&#038;url=http%3A%2F%2Fwww.bloomberg.com%2Fimage%2Fi4xu8.k25q3M.jpg' border='0' \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href='http:\/\/www.bloomberg.com\/news\/2011-11-28\/secret-fed-loans-undisclosed-to-congress-gave-banks-13-billion-in-income.html'>Secret Fed Loans Gave Banks Undisclosed $13B<\/a><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\tThe Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p style='clear:both;'>\n","protected":false},"excerpt":{"rendered":"<p>It&#39;s not so much that the loans were made. I understand the whys and wherefores there. I&#39;m roughly okay with that. That they are (a) made in secret to firms that then (b) spearheaded efforts to prevent future oversight and regulation to keep the same disastrous conditions from occurring &#8230; yeah, that I&#39;m not really &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2011\/11\/27\/the-bail-out-nobody-knew-about.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Bail-Out Nobody Knew About&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,77],"tags":[107],"class_list":["post-24102","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-economy","tag-ddtb"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":153528,"url":"https:\/\/hill-kleerup.org\/blog\/2021\/03\/07\/still-chatty-after-all-these-years.html","url_meta":{"origin":24102,"position":0},"title":"Still chatty after all these years","author":"***Dave","date":"Sun 7-Mar-21 12:30am","format":false,"excerpt":"The Stupid Evil Podcast is ... well, it was fun.","rel":"","context":"In &quot;DDtB-SEB Podcasts&quot;","block_context":{"text":"DDtB-SEB Podcasts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/podcasts\/ddtb-seb-podcasts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":136275,"url":"https:\/\/hill-kleerup.org\/blog\/2018\/05\/06\/and-lo-there-shall-come-another-seb-podcast.html","url_meta":{"origin":24102,"position":1},"title":"And, lo, there shall come another SEB Podcast!","author":"***Dave","date":"Sun 6-May-18 2:56pm","format":false,"excerpt":"It's been an astonishing three years since +Les Jenkins and I did one of his Stupid Evil Bastard podcasts (the biggest takeaway from which was that it had been three years since we previously did it, and that was clearly way, way too long). Anyway, if you've ever wanted to\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":127704,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/08\/25\/happy-blogaversary-to-me.html","url_meta":{"origin":24102,"position":2},"title":"Happy Blogaversary to Me","author":"***Dave","date":"Tue 25-Aug-15 7:03am","format":false,"excerpt":"My blog is fourteen years old today. \u00a0Well, yesterday, actually. It was kind of a busy day. I started my blog, alas, after the birth of my daughter (who was a year and a half old then), but just in time (also alas) for 9\/11. And it's been running long\u2026","rel":"","context":"In &quot;Blogging &amp; Internet&quot;","block_context":{"text":"Blogging &amp; Internet","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2015\/08\/keep-calm-and-blog-on.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":24475,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/12\/working-dear.html","url_meta":{"origin":24102,"position":3},"title":"Working, dear","author":"***Dave","date":"Mon 12-Dec-11 6:01pm","format":false,"excerpt":"Okay, I'm not hugely interested in voice interfaces with my smartphone or computer ... but still think it is majorly awesome that Google is codenaming their voice system \"Majel\". #ddtb Embedded Link Google\u2019s response to Siri is codenamed Majel, could be released by end of year | Android and Me\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23418,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/11\/03\/responsibility-vs-opportunity.html","url_meta":{"origin":24102,"position":4},"title":"Responsibility vs Opportunity","author":"***Dave","date":"Thu 3-Nov-11 9:38pm","format":false,"excerpt":"An interesting article looking at differences between conservatives and liberals in the area of causes of wealth and poverty. In short, conservatives tend to blame (or reward) personal choices as the cause of success or failure in society -- the poor are poor because they are lazy and make bad\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27028,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/03\/10\/not-surprisingly-microcredit-isnt-that-much-different-than-macrocredit.html","url_meta":{"origin":24102,"position":5},"title":"Not surprisingly, microcredit isn&#39;t that much different than macrocredit","author":"***Dave","date":"Sat 10-Mar-12 12:09pm","format":false,"excerpt":"Not surprisingly, microcredit isn't that much different than macrocreditWhile I think the article takes a too-pessimistic (and institutional) tone, the bottom line is not surprising: credit is used wisely by some, poorly by others. It's certainly not a panacea, but just as larger scale credit can create a sustainable investment,\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/24102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=24102"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/24102\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=24102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=24102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=24102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}