These are all the Blogs posted on Wednesday, 21 July, 2010.
TARP, the Government Slush Fund
More from Neil Barofsky's Special Inspector General TARP report.
Increased guarantees for loans backed by the Federal Housing Administration, the Government National Mortgage Association and the Veterans administration increased the government's commitments by $512.4 billion alone in the year to June 30, according to the report.

"Indeed, the current outstanding balance of overall Federal support for the nation's financial system...has actually increased more than 23% over the past year, from approximately $3.0 trillion to $3.7 trillion -- the equivalent of a fully deployed TARP program -- largely without congressional action, even as the banking crisis has, by most measures, abated from its most acute phases," the TARP inspector general, Neil Barofsky, wrote in the report.
But you can expect the current administration to just blame Bush.
Posted By P.Brown at 6:49 AM in Category:Politics

The Liberal Plot to Brand Tea Party
Mary Frances Berry, Professor of American Social thought:
Tainting the tea party movement with the charge of racism is proving to be an effective strategy for Democrats. There is no evidence that tea party adherents are any more racist than other Republicans, and indeed many other Americans. But getting them to spend their time purging their ranks and having candidates distance themselves should help Democrats win in November. Having one's opponent rebut charges of racism is far better than discussing joblessness.
To paraphrase: Okay the Tea Partiers aren't racist but let's brand them as such to win.
Posted By P.Brown at 6:40 AM in Category:Politics
sun mon tue wed thu fri sat
     1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

The Latest Posts!
Categories
Search
Bookmarks
Syndicate This Site
Blog Flux Directory
Add to Technorati Favorites
Politics Blogs - Blog Top Sites

Copyright 2006-2009
Brown Holdings LLC,
All rights reserved.