Blog Source: people.bakersfield.com
Obama admitted his own dissatisfaction with the progress but said his administration would ramp up stimulus spending in the coming months. The White House acknowledged it has spent only $44 billion, or 5 percent, of the $787 billion stimulus, ....
Blog Source: kudlowsmoneypolitics.blogspot.com
But when you talk to traders and economists, the whisper story is that Bernanke and the Fed are no longer truly independent of the Obama White House and Treasury. As a result, Bernanke will not be able to slow down the printing presses and ... So
Blog Source: seaspook.blogspot.com
FBI Targets Fraud in TARP, Stimulus Fund. Well they need to begin their investigation at 1600 Pennsylvania Avenue because the White House staff were the first to start diverting TARP dollars into their own pockets and I'll bet that was ...
Blog Source: www.cehwiedel.com
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. ... If the “stimulus” is producing a
Blog Source: briefingroom.thehill.com
Jeb Hensarling (R-Texas), a leading conservative House Republican, wants to put an end to the government's $700 billion financial rescue program. "It is increasingly being used instead to promote the economic, social and political ...
Blog Source: www.realclearpolitics.com
He also announced that in the first round of TARP fund repayments, the government will turn a slight profit and the debt will drop $68 billion. He cautioned that there may be “some losses to the taxpayers” as other financial institutions repay ...