Archive for July 2nd, 2009
Barney Frank wants TARP funds for “housing” initiatives
Slobbering Barney Frank has been busy lately. Last week he proposed the idea of relaxing regulations on the sale of condos. This week he wants to use TARP money to put poor people into housing. See, banks participating in TARP have to pay dividends to the Treasury. So far those banks have paid $5 billion. [...]
Obama’s selective meddling
Help me out here. President Obama immediately “meddles” in the affairs of Honduras, denouncing a military coup, the intent of which is to preserve the country’s constitution, but when it comes to Iran’s fraudulent election and the violent repression of demonstrators who wanted their votes counted, the president initially vacillates and equivocates.
‘Nightly news’ promotes paying children for public school success
No matter how much money any government – federal, state or local – puts into public education, it’s never enough in some people’s eyes.
467K jobs cut in June; jobless rate at 9.5 percent
WASHINGTON – Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy’s road to recovery will be bumpy.
Congress’s travel expenses skyrocket as economy continues struggle
SOUTHERN ARIZONA – The Wall Street Journal reported recently a disturbing trend among members of Congress – tenfold increases in travel expenses, all funded by the taxpayer, to destinations like Italy, the Galapagos Islands, Jamaica, the Virgin Islands and locations in-between.
