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Newszap Forums > Arizona Public Forums > Surprise Public Issues Forum > Obama's American Recovery and Reinvestment Plan |
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Newszap Forums > Arizona Public Forums > Surprise Public Issues Forum > Obama's American Recovery and Reinvestment Plan |
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| Obama's American Recovery and Reinvestment Plan | Rating: 
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| Posted: Wed Feb 17th, 2010 11:10 pm |
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51st Post |
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designman124 Member 
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CBS Poll: Seven percent of the American people believe Elvis is still alive. Six Percent believe the Stimulus bill created or saved jobs. Two percent believe Elvis got one of those jobs.
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| Posted: Wed Feb 17th, 2010 05:43 pm |
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52nd Post |
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Razenkn Guest
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duece wrote: Silver Lining Hard to Find for Some on Anniversary of Stimulus The dynamic duo was out this a.m. bragging what a "great job" Little Joey has done as a watchdog over this enormous slush fund for fraud and wasteful spending. He's not watching anything other than his reflection in the mirror while practicing his phony smile. The fraud and waste is rampant throughout even though just a small fraction has actually been spent. The list is endless. But according to President "Honest Abe" that dog hasn't barked. LOL I think this could very well be lie number 543 or else he really doesn't have a clue. Either way, it's the taxpayer who gets screwed every time because of their glaring incompetence.  Evan Bayh said yesterday in an interview with CBS "If I could create one job in the private sector by helping to grow a business, that would be one more than Congress has created in the last six months."  Last edited on Wed Feb 17th, 2010 06:22 pm by |
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| Posted: Wed Feb 17th, 2010 05:12 pm |
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53rd Post |
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duece Member
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Silver Lining Hard to Find for Some on Anniversary of Stimulus By Judson Berger - FOXNews.com While the Obama administration and congressional Democrats are out in force this week touting the success of the $787 billion economic stimulus package signed exactly one year ago, critics are pointing to a still-dismal jobs picture and deflating public confidence as signs that the ballyhooed benefits of the stimulus bill, as one GOP leader put it, were a "fiction" and not worth the cost. The United States of America owes $1.6 trillion more today than it did a year ago. The jobless rate has climbed from 8.1 percent to 9.7 percent. And the deficit has soared to record levels, with another record likely to be set this year. Happy anniversary!
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| Posted: Tue Feb 9th, 2010 05:28 am |
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54th Post |
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ItsAllAConspiracy Member 
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| Posted: Tue Feb 9th, 2010 05:19 am |
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55th Post |
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ItsAllAConspiracy Member
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| Posted: Tue Feb 9th, 2010 03:16 am |
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56th Post |
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ItsAllAConspiracy Member
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| Posted: Thu Feb 4th, 2010 01:14 pm |
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57th Post |
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cindisue_g Member 
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Why doesn't our President focus on the economy instead of bashing the GOP and cable news. Two reason why he needs to do stay in Washington DC and do his job: 1. The jobless claims rose to 480,000 last week. Where are the millions of jobs President Obama personally saved or created? Maybe they were all like the police officers jobs he created in one city, they were just temporary, because they got laid off. 2. Moody's says that we are at risk of losing our triple A credit rating. We are at risk unless President Obama does something about the economy and we have to stop the red ink....in other words, stop spending money we don't have.
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| Posted: Sat Jan 30th, 2010 02:12 pm |
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58th Post |
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designman124 Member
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| Posted: Thu Jan 21st, 2010 01:07 pm |
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59th Post |
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cindisue_g Member
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You have to wonder why President Obama is not giving his attention to the economy. WASHINGTON (AP) -- The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace. The Labor Department said Thursday that initial claims for unemployment insurance rose by 36,000 to a seasonally adjusted 482,000. Wall Street economists expected a small drop, according to Thomson Reuters.
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| Posted: Thu Jan 14th, 2010 04:28 am |
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60th Post |
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BigSurprize Member 
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ItsAllAConspiracy wrote: BigSurprize wrote:callmelou wrote:BigSurprize wrote:ItsAllAConspiracy wrote:Razenkn wrote:BigSurprize wrote:Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. LOL  Probably so...but don't you get tired of drag'n a mop around with you all the time? All that drooling and inbreeding...it gets sloppy! 
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| Posted: Thu Jan 14th, 2010 04:24 am |
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61st Post |
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ItsAllAConspiracy Member
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BigSurprize wrote: callmelou wrote:BigSurprize wrote:ItsAllAConspiracy wrote:Razenkn wrote:BigSurprize wrote:Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. Oh I dunno. I kinda think categorically being called a drooling inbreeder is like a badge of honor!
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| Posted: Thu Jan 14th, 2010 04:22 am |
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62nd Post |
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BigSurprize Member
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callmelou wrote: BigSurprize wrote:ItsAllAConspiracy wrote:Razenkn wrote:BigSurprize wrote:Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. Well, first of all...it was your imaginary friend who called those people stupid, not us. Second, you're wrong...we didn't attack anyone here. Last but not least, until you start posting comments that are always on topic...your criticism is off base. Ta-Ta
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| Posted: Thu Jan 14th, 2010 02:59 am |
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63rd Post |
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callmelou Member 
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BigSurprize wrote: ItsAllAConspiracy wrote:Razenkn wrote:BigSurprize wrote:Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. Four posts from the far right and each attacks the poster v. commenting on the subject...this is why the Republican party is sinkinggggggggg into the sewer. Concerning the subject, way too many of the victims were young adults being sold a line by a guy in a suit who told them nobody ever lost money in real estate and that if their mortgage rates increased, they could just refinance...it doesn't make the victims stupid...just naive...and we were all naive once upon a time.
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| Posted: Thu Jan 14th, 2010 02:22 am |
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64th Post |
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goldrush Member
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BigSurprize wrote: ItsAllAConspiracy wrote:Razenkn wrote:BigSurprize wrote:Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. You're right! "People need to be responsible for their own actions" is hardly a liberal position. Generally, the liberal position is that the government will take care of you.
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| Posted: Tue Jan 12th, 2010 04:51 pm |
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65th Post |
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BigSurprize Member
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ItsAllAConspiracy wrote: Razenkn wrote:BigSurprize wrote:Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. You know what I find strange...with this single post, aTrophy has posted more conservative comments than Mama ever has - who professes to be a Republican. L L Imagine that!  Last edited on Tue Jan 12th, 2010 05:01 pm by BigSurprize |
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| Posted: Tue Jan 12th, 2010 04:40 pm |
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66th Post |
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ItsAllAConspiracy Member
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Razenkn wrote: BigSurprize wrote:Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. Oh my gosh, I was soooo thinking the same thing when I saw this lecture coming from a lefty. It was like bizzaro world!
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| Posted: Tue Jan 12th, 2010 04:38 pm |
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67th Post |
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Razenkn Guest
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BigSurprize wrote: Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. ROTFLMAO....
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| Posted: Tue Jan 12th, 2010 04:30 pm |
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68th Post |
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BigSurprize Member
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Trophywife wrote: People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves. You sound way too conservative in that post, aTrophy...stop the madness now so the old lady libs don't revoke your membership!
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| Posted: Tue Jan 12th, 2010 02:11 am |
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69th Post |
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HawgRider Guest
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I guess you saw this scam that so many banks are pulling off from a mile away. We can only hope that some of your great knowledge should fall upon all the stupid people of the world and hopefully they too will be able to see the forest from the trees.
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| Posted: Tue Jan 12th, 2010 01:06 am |
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70th Post |
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Trophywife Member 
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HawgRider wrote: Trophywife wrote: Thank you Hawg, I didn't know you were so observant. Based on your posts you have admitted to being a low life redneck so I wasn't surprised that you defended the idiots that are still losing their homes to scam artists. You're welcome
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| Posted: Tue Jan 12th, 2010 12:21 am |
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71st Post |
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HawgRider Guest
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Trophywife wrote:People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves.I find it totally amazing that you TW being the Gold Star member of Mensa. That you would stoop so low as to associate with us morons on here. You knowledge of everything and anything is just so great. You are wasting your time posting on here when you should be talking to the great minds of the world. I do want to thank you for coming down to our level.
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| Posted: Mon Jan 11th, 2010 11:01 pm |
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72nd Post |
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duece Member
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It's nothing more than urban legend!
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| Posted: Mon Jan 11th, 2010 10:10 pm |
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73rd Post |
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Trophywife Member
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People need to be responsible for their own actions. How many times have we all been told there are "scams" everywhere. I'm really sick of people being stupid and losing their homes and then blaming someone else. If they had fairly good credit they should have protected that because we all know that's the most important thing we can do for ourselves.
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| Posted: Mon Jan 11th, 2010 09:40 pm |
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74th Post |
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cindisue_g Member
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HawgRider wrote: Has others heard the same as I have heard about the banks and mortgage companies are now becoming realtors? That happened to someone I know as well. The bank told them not to pay for 3 months and then they could refinance under better terms. Right after the 3rd month, they evicted them.
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| Posted: Mon Jan 11th, 2010 07:57 pm |
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75th Post |
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HawgRider Guest
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Has others heard the same as I have heard about the banks and mortgage companies are now becoming realtors? I personally know of 2 separate families who were told that they could get stimulus mortgage money to remortgage their homes if they did 1 thing. Now mind you these 2 families were not behind on their payments but were real close to possible falling behind. They both had 700 to 750 FICA scores. They were told not to pay their mortgages for the next 4 months which would make them able to receive this federal money. Which they have done so they could keep their homes. Now the banks won't work with them and they both have received their eviction notices. I have also spoken to others who wanted to get these low interest loans. But thought that trashing their credit was a stupid thing for the sake of saving a couple of hundreds of dollars a month. Something seems fishy to me.
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| Posted: Mon Jan 11th, 2010 06:56 pm |
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76th Post |
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cindisue_g Member
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You really have to wonder!!! Who will the banks pass this fee on to - us!!! Politico, the Wall Street Journal and New York Times, in nearly identical stories on their websites, cited administration officials saying that a bank fee was under consideration and might be included in the president's budget proposal next month. Such a fee, which would likely be highly popular with taxpayers still angry at bankers who are preparing to reap huge bonuses, could be part of next month's budget. Exactly what form such a fee might take will be hotly discussed but it is unlikely to be a broad-based fee on transactions.
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| Posted: Sun Jan 10th, 2010 02:53 pm |
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77th Post |
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Craig Member 
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Last edited on Sun Jan 10th, 2010 02:55 pm by Craig |
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| Posted: Sat Jan 9th, 2010 07:18 pm |
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78th Post |
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duece Member
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BigSurprize wrote: CNN is start'n to sound a little Orwellian these days...don'tcha think? The economy is still bleeding jobs! 661K unemployed are no longer seeking jobs and are not counted in the 10% unemployment rate. The true rate of unemployment is 17.3% up from 17.2% last month. "Job Picture Gets a Little Brighter" Right!
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| Posted: Sat Jan 9th, 2010 07:00 pm |
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79th Post |
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Gemini Guest
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The only reason why we are not seeing even more lay offs is because they have already cut their staff to the bare bone. If anyone can understand simple economics you'd see that. So to say last year we were loosing 360K a month to 85K is a good thing (the Obama admin thinks) they are out of their mind but I think they are just trying to make themselves look good! Quite simply "THERE IS NOTHING LEFT TO CUT"!!! The real unemployment rate is 17.3% not 10% as they would like you to believe. Over 4 million people have lost their job since Obama took office and you can blame Bush all you like but accept the truth that Obama passed the stimulus bill not Bush!
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| Posted: Sat Jan 9th, 2010 04:30 pm |
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80th Post |
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BigSurprize Member
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CNN is start'n to sound a little Orwellian these days...don'tcha think?  CNN: December Layoffs Exceed Expectations...But Still Good News By Candance Moore | January 9, 2010 - 11:19 CNN's efforts to spin the current economy have gotten to the point of being ridiculous. For three days in a row, a series of reports all showed persistent layoffs above expectations, and in each case CNN.com inexplicably reported optimism. First up was an ADP report released Wednesday which tracked the economy from the side of business owners and how many workers they laid off. Instead of showing the complete picture, CNN chose to present a decidedly upbeat angle. CNN Money writers Jessica Dickler and Hibah Yousuf set the tone as they worked hard to spin unexpected layoffs as a positive sign in their rosy-headlined "Job Picture Gets a Little Bit Brighter"
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| Posted: Wed Jan 6th, 2010 11:49 pm |
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81st Post |
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designman124 Member
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Phony Zip Codes Phantom zip codes also found in Virginia By: Barbara Hollingsworth Local Opinion Editor 01/06/10 10:40 AM EST As much as $9.5 million in federal stimulus dollars went to 14 zip codes in Virginia that don’t exist or are in other states, Old Dominion Watchdog (http://virginia.watchdog.org) reports. The fake zip codes were listed on Recovery.gov, the federal Web site that is supposed to track how the stimulus money is being used. The phony zip codes are a new wrinkle in Recovery.gov’s increasingly tattered credibility. In November, Ed Pound, director of communications for the Recovery Accountability and Transparency Board, said a rash of phantom congressional districts found on the website were the result of confusion by fund recipients, who apparently didn’t know who their congressman was. But who would give millions of dollars to somebody who doesn’t even know their own zip code?
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| Posted: Thu Dec 31st, 2009 12:50 am |
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82nd Post |
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designman124 Member
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He'll Take Over Reader's Digest Next! GMAC gets $3.79 billion more from Treasury U.S. government to own 56.3% of lender; ResCap may be sold SAN FRANCISCO (MarketWatch) -- GMAC said late Wednesday that it received another $3.79 billion from the Treasury Department, leaving the U.S. government owning more than 56% of the struggling lender. The extra money from taxpayers will help GMAC protect itself from future losses at its troubled mortgage business, Residential Capital. GMAC also suggested that ResCap, as it's known, may be sold. GMAC said it pumped $1.3 billion into its banking unit, Ally Bank, to satisfy the Federal Deposit Insurance Corp. and other regulators and to support its main auto lending business. "These decisive balance-sheet actions and resulting capital infusions are intended to minimize the impact on GMAC and Ally Bank of any significant future losses related to ResCap's legacy mortgage business," GMAC Chief Executive Michael Carpenter said in a statement. "By protecting the financial performance and strength of our core automotive finance operations, we expect to increase the pace at which we can fully repay the U.S. taxpayer," he said. "These actions will also allow GMAC to pursue strategic alternatives for ResCap and the mortgage business." GMAC, which used to be the financial-services arm of automaker General Motors Co., has been one of the biggest recipients of government support since the mortgage meltdown and financial crisis left it nursing billions of dollars in losses. After government stress tests of the largest U.S. financial institutions earlier this year, GMAC was told to raise $9.1 billion in new capital to bolster itself in case the economy got much worse. At that time, Treasury bought $3.5 billion of GMAC preferred securities that had to be converted into common stock in future. That left the company needing to raise another $5.6 billion. Since then, GMAC, the Federal Reserve and the Treasury have been working on a way to get that money. Wednesday's announcement is the result.
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| Posted: Wed Dec 30th, 2009 11:56 pm |
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83rd Post |
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Gemini Guest
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I say we send him back to where he was born.......and it's not HAWAII! That's something I can believe in!
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| Posted: Wed Dec 30th, 2009 11:34 pm |
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84th Post |
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Craig Member
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Hope and change Attachment: Capture.JPG (Downloaded 218 times)
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| Posted: Sat Dec 26th, 2009 03:33 pm |
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85th Post |
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Kn Wright Member
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Where are our senators and representatives while we are being ripped off by obama's spend all you want policy for fannie mae and freddie mac? The whole bunch are really Madoffs holding public office.
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| Posted: Sat Dec 26th, 2009 02:41 pm |
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86th Post |
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designman124 Member
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U.S. promises unlimited financial assistance to Fannie Mae, Freddie Mac By Zachary A. Goldfarb Washington Post Staff Writer Friday, December 25, 2009; A01 The Obama administration pledged Thursday to provide unlimited financial assistance to mortgage giants Fannie Mae and Freddie Mac, an eleventh-hour move that allows the government to exceed the current $400 billion cap on emergency aid without seeking permission from a bailout-weary Congress. The Christmas Eve announcement by the Treasury Department means that it can continue to run the companies, which were seized last year, as arms of the government for the rest of President Obama's current term. But even as the administration was making this open-ended financial commitment, Fannie Mae and Freddie Mac disclosed that they had received approval from their federal regulator to pay $42 million in Wall Street-style compensation packages to 12 top executives for 2009. The compensation packages, including up to $6 million each to Fannie Mae and Freddie Mac's chief executives, come amid an ongoing public debate about lavish payments to executives at banks and other financial firms that have received taxpayer aid. But while many firms on Wall Street have repaid the assistance, there is no prospect that Fannie Mae and Freddie Mac will do so. The administration faced a congressionally mandated deadline of Dec. 31 to increase the amount of aid it could provide to Fannie Mae and Freddie Mac, which together have already received $111 billion in assistance. Treasury said Thursday that its decision did not mean the firms would need $200 billion or more apiece, but that it instead was seeking to assure markets that the government would stand behind the companies. In a statement, Treasury said the move "should leave no uncertainty about the Treasury's commitment to support these firms as they continue to play a vital role in the housing market during this current crisis." By promising to keep the companies solvent, the government can maintain its sweeping power over the housing market. Fannie Mae and Freddie Mac have played a central role in Obama administration policies to keep mortgage interest rates low, restructure unaffordable mortgages, stop foreclosures and funnel money to housing programs around the country. The Bush administration took over the firms in September 2008 as the financial crisis entered its most severe phase and promised $200 billion to keep the companies solvent. The Obama administration later doubled that figure. While the ultimate cost of the bailouts is unknown, the administration estimated earlier this year it would cost $171 billion, and some officials said they expect it could rise further. Analysts have said it could be much higher. The cost will depend in part on how aggressively the administration continues to use the firms to stimulate the housing market because these steps could curtail profitability. Under the terms of the latest decision, the administration's open-ended commitment will expire in 2012. Then, the firms will only be allowed to receive the balance of the $400 billion remaining today -- about $290 billion. The administration is set to release broad principles in February for reforming the companies. Many experts predict that the government will have no choice but to hold on indefinitely to many of the companies' most troubled assets -- mortgage investments made during the housing bubble to less-than-worthy borrowers. But an administration official said it could take several years to resolve the future of the companies, especially if Congress isn't keen to take up the politically charged issue during the 2010 midterm election year, and if the government wants to preserve the ability to influence the housing market. The companies together own or insure the majority of home loans, and no viable private system exists that could replace them. Even as the administration has broadened its commitment to Fannie Mae and Freddie Mac, it said it would wind down mortgage-assistance programs, including one that bought Fannie Mae and Freddie Mac's mortgage investments. Fannie Mae and Freddie Mac have long been targets for Republicans, who say they are evidence of how government support for the housing market contributed to the financial crisis. "The Obama administration's decision to write a blank check with taxpayer dollars for the continued bailout of Fannie Mae and Freddie Mac is appalling," said Rep. Scott Garrett (R-N.J.), a member of the House Financial Services subcommittee that oversees Fannie Mae and Freddie Mac. "Not only is this a continued bailout of failed entities that need to be privatized to protect the taxpayer, the timing of the announcement is clearly designed to try and sneak the bailout by the taxpayers." On Thursday, federal officials defended the administration's new bailout authority and the compensation packages. They said the pay was necessary to retain talented executives who can oversee the companies' vast mortgage holdings. Fannie Mae chief executive Michael J. Williams and Freddie Mac chief executive Charles E. Haldeman each will receive a $900,000 base salary. The rest of their compensation will be in incentive payments and bonuses dependent on whether they stay with the companies and achieve business targets. The compensation of other top executives will follow a similar formula. While the pay is significantly more than what Fannie and Freddie executives received a year ago, the packages are less than what top company officials got before the government takeover. Only five executives at each firm will be eligible to receive more than $500,000 in salary.
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| Posted: Fri Dec 25th, 2009 02:59 pm |
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87th Post |
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goldrush Member
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Haldeman & Williams will be getting a total pay package of $6 million each for '09 and '10. It was approved by Treasury.
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| Posted: Thu Dec 24th, 2009 09:59 pm |
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88th Post |
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cindisue_g Member
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Public anger over Wall Street pay boiled over earlier this year. In response, the Obama administration imposed pay curbs on banks that received government bailouts. All the major banks have since repaid their federal money, largely to escape caps on executive pay. Former Bank of America Corp. CEO Ken Lewis, for example, agreed to forgo his salary and bonus this year under pressure from the government. Last year, he pocketed more than $9 million in total compensation. Bank of America received $45 billion in government assistance, which it has since repaid. Freddie Mac hired Haldeman, a former mutual fund executive, in July. At the time, the company disclosed his annual salary of $900,000 but did not disclose other incentive payments. In September, the company hired a new chief financial officer, Ross Kari, and said his pay package would be worth up to $5.5 million. Williams, formerly Fannie Mae's chief operating officer, took over as CEO in April after the first government-appointed CEO, Herbert Allison, took a job at the Treasury Department. Williams earned a base salary of $676,000 last year, plus a retention award of $260,000.
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| Posted: Thu Dec 24th, 2009 09:44 pm |
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89th Post |
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designman124 Member
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cindisue_g wrote: Razenkn wrote:cindisue_g wrote:I heard today, that it will be disclosed those making million dollar plus salaries at Fannie Mae and Freddie Mac. I guess this is the "Do As I Say, Not As I Do" administration at it's best. They are saying they are going to regulate the salaries of those that got a government dollars, but Fannie and Freddie those that (1) started the whole mortgage meltdown and (2) receives government money doesn't have the same regulations as everyone else. Thanks you President Obama. The 8000 sq ft house he is renting in Hawaii goes for 4000 dollars a day--- and he has the 2 houses next door too. Are we paying for that, too? Last edited on Thu Dec 24th, 2009 09:49 pm by designman124 |
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| Posted: Thu Dec 24th, 2009 07:47 pm |
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90th Post |
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One_Proud_Obamacan Member 
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The Democrats just gave the Republicans a Christmas Present. They've passed the health plan! Merry Christmas all you Republicans and may the next year be even better for the Democrats! Ho Ho Ho
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| Posted: Thu Dec 24th, 2009 07:26 pm |
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91st Post |
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cindisue_g Member
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Razenkn wrote: cindisue_g wrote:I heard today, that it will be disclosed those making million dollar plus salaries at Fannie Mae and Freddie Mac. I guess this is the "Do As I Say, Not As I Do" administration at it's best. They are saying they are going to regulate the salaries of those that got a government dollars, but Fannie and Freddie those that (1) started the whole mortgage meltdown and (2) receives government money doesn't have the same regulations as everyone else. Thanks you President Obama. How can President Obama allow this after he told the citizens of the United States that they should tighten their belts. This wasteful spending is getting out of control, does he not have a conscious?
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| Posted: Thu Dec 24th, 2009 06:50 pm |
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92nd Post |
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Razenkn Guest
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cindisue_g wrote: I heard today, that it will be disclosed those making million dollar plus salaries at Fannie Mae and Freddie Mac. I guess this is the "Do As I Say, Not As I Do" administration at it's best. They are saying they are going to regulate the salaries of those that got a government dollars, but Fannie and Freddie those that (1) started the whole mortgage meltdown and (2) receives government money doesn't have the same regulations as everyone else. Thanks you President Obama. Yup, I heard that too. Same with the FAA. They just threw a 5 MILLION dollar Christmas Party for their best and brightest calling it a "conference and training" session. 5 MILLION DOLLARS. They didn't mean for anyone to find out but someone got word of it and went in with one of those pesky camera phones and caught them in the act. Now thanks to this Congress we will have 112 more Gov't agencies to waste our money. Isn't it so exciting?? I can hardly wait to see what else they can find to throw our money at. They TAKE, we GIVE. We work for it, they play with it. Guess that is the liberal way.
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| Posted: Thu Dec 24th, 2009 12:08 pm |
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93rd Post |
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cindisue_g Member
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I heard today, that it will be disclosed those making million dollar plus salaries at Fannie Mae and Freddie Mac. I guess this is the "Do As I Say, Not As I Do" administration at it's best. They are saying they are going to regulate the salaries of those that got a government dollars, but Fannie and Freddie those that (1) started the whole mortgage meltdown and (2) receives government money doesn't have the same regulations as everyone else. Thanks you President Obama.
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| Posted: Thu Dec 24th, 2009 01:13 am |
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94th Post |
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goldrush Member
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One_Proud_Obamacan wrote: We have a Democrat President. The Democrats rule! McCain and Kyl are just wimpering "has beens." ha ha 201O DEMS WILL LOOSE 60 VOTE MAJORITY IN THE SENATE.
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| Posted: Wed Dec 23rd, 2009 03:31 pm |
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95th Post |
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One_Proud_Obamacan Member
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We have a Democrat President. The Democrats rule! McCain and Kyl are just wimpering "has beens." ha ha
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| Posted: Wed Dec 23rd, 2009 01:03 am |
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96th Post |
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designman124 Member
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| Posted: Tue Dec 22nd, 2009 03:22 pm |
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97th Post |
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designman124 Member
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Obama Deficit Obama’s Deficit Vs. Bush Deficit By JustRuss on December 21, 2009 at 01:17 pm 
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| Posted: Tue Dec 22nd, 2009 03:00 pm |
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98th Post |
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designman124 Member
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Dodd Can Take more calls Unemployment Calls Overwhelm Server Updated 2:15 PM EST, Mon, Dec 21, 2009 Unemployment claims have been flooding into the state Department of Labor, dragging the filing system to a crawl. “Due to the high volume of claim filing, you may experience some difficulty filing your claim via the Web or by telephone. We apologize for any inconvenience,” the Web site says. A spokeswoman says the Department of Labor issued 156,673 benefit checks during the week of Dec. 13-19, up nearly 50 percent from 105,431 last year. The agency has been "incredibly busy" with claims and was "flooded with calls," she said. Gary Horn, of West Hartford, says he and his wife, who has been unemployed from a playground design company for a year, got through to the Labor Department's automatic filing system after hours of trying. The system overload comes just a couple days after the state announces that the unemployment rate dropped from 8.8 percent in October to 8.2 percent.
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| Posted: Mon Dec 21st, 2009 04:12 pm |
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99th Post |
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cindisue_g Member
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WASHINGTON (Reuters) - Serious delinquencies among U.S. prime mortgages rose nearly 20 percent in the third quarter from the prior quarter, as the percentage of current and performing mortgages fell for the sixth consecutive quarter, banking regulators said on Monday.
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| Posted: Fri Dec 18th, 2009 10:04 pm |
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100th Post |
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cindisue_g Member
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WASHINGTON (AP) -- The Obama administration is setting aside $30 billion from the financial bailout fund for a program designed to encourage lending to small businesses to aid the economic recovery. An internal document obtained by The Associated Press spell out how the Treasury Department plans to spend money from the fund before it expires in October 2010. The document show $40 billion would go to consumer and business lending programs. Of that amount, $30 billion would support lending to small companies, according to a Treasury official who spoke Friday on condition of anonymity because no final decisions on the program have been made.
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