No Room at the Inn - Not even a TARP
What do you get when you cross Tim Geithner and Peter Peterson?
Barack Obama; who would rather help the big banks and balance the budget than offer a helping hand for struggling homeowners. (Image)
The president demonstrated new heights of indifference toward the people in his handling of the mortgage relief program made a part of the Trouble Asset Relief Program (TARP). Citizens paid the full share for TARP and were to get a modest proportion. That's not the case. The November 2010 Congressional Budget Office Report on TARP was just issued. It showed that the funds for home mortgage assistance programs would be reduced from $50 billion to $12 billion, as reported in the Huffington Post.
Reading the details of the report, we find that the take back from homeowner relief through TARP funds is even more outrageous. The actual funds spent so far for homeowner relief is only $710 million.
PermalinkIt's the "New Haiti!"
The appointment of former presidents Bill Clinton and George W. Bush as key players in Haitian relief should cause the people of Haiti grave concern, if they weren't otherwise preoccupied with survival. These former presidents' records as pro-life advocates on the international scene is tarnished by real world outcomes.
During his eight years as president, Clinton was responsible for sanctions on Iraq that resulted in the deaths of 170,000 children under five. Former President George W. Bush exceeded that death toll by invading Iraq. That caused civil chaos and conflict among Iraqis leading to the deaths of over one million citizens in that tragic nation. When you see these two coming, their record speaks for itself. (Image)
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