Dodge Charger Involved In A Major Rollover Accident In Gary Indiana
Just after 1:30 am GFD was dispatched to a reported rollover wit entrapment and a vehicle fire, on arrival Engine 5 advised there was no fire and ...
Did Congress and the Supreme Court Finally Wake Up From the Obama Stupor; Or Did They Drink The “Tea” From The Teaparties?
Finally!В Is there a glimmer of hope for America?
Some in our Congress are finally waking up!В
В Justice Ruth Bader Ginsberg issued an order yesterday that shocked me, but I heard thatВ a near majority of В Justices wanted the “stay” of the Chrysler deal with Fiat.В
Then I witnessed a Democrat standing up and speaking to the NRA in support of В the Second Amendment issue. Most gun related bills are bi-partisan.В But to see a Democrat being vocal about what some in our Congress are trying to do is amazing.В
WOW!
House Republican Moves to ‘Terminate the TARP’Rep. Jeb Hensarling introduced a bill Monday that will set a Dec. 31 deadline for the Treasury Department to lend money to troubled financial institutions.
June 08, 2009
A key House Republican introduced a bill Monday that will set a Dec. 31 deadline for the Treasury Department to lend money to troubled financial institutions.
The government launched the $700 billion TARP — or the Troubled Asset Relief Program — last fall to bail out banks and other financial institutions whose collapse posed a systemic risk to the US economy. Treasury has since allocated more than $600 billion to dozens of banks, the American Insurance Group (AIG), and failed automakers GM and Chrysler, among other companies.
“It’s time to terminate the TARP program,” Rep. Jeb Hensarling, R-Texas, told reporters on Monday. “TARP is increasingly not being a vehicle for economic stability and taxpayer protection but is evolving into 700 billion dollar revolving slush fund that the administration can use to advance economic, social and political agenda items far and apart from what Tarp was ever designed to do.”
Hensarling, who is the only sitting member of congress on the Congressional Oversight Panel — the five-member board tasked with overseeing the allocation of TARP funds, said his legislation calls for reducing the amount of the TARP program by recalling all currently unspent funds and sets a Dec. 31, 2009 deadline for the allocation of TARP funds.
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