Reason Morning Links: Treasury Won't Disclose TARP Details, Bailout Commitment Up to $12.8 Trillion, More Execs to Get the Axe?
- Geithner won't rule out firing more executives of private companies.
- Meanwhile, the Treasury Department refuses to disclose details of TARP funding to congressionally-mandated oversight panel created specifically to monitor bailout spending.
- Senate bill would federalize network security, forcing even private companies to use federally-mandated systems.
- Combined federal government commitment on bailouts hits $12.8 trillion, a 70 percent increase since November, and nearly 90 percent of total U.S. GDP for 2008.
- Oregon bill would raise the smoking age to 21.
- New drug czar says at hearing he will focus on demand reduction, prevention rather than enforcement.
