mckeonrg
15 years ago
My bad! You see that sort of thing everywhere though. Makes me fear for the nation. Just the existence of stupid arguments or a list like this as though it is meaningful is a cause for concern. I don't know...
Whistlebritches
15 years ago
Obama doesn't need a Lewinsky................................He has a Rickamaven.

BTW Rick I hope you didn't choke on that load.



Ron
DrMaddVibe
14 years ago
Taxpayers Stuck With Billions In TARP Losses

While the Obama Administration laughably claims that its disastrous bank bailout has turned a profit, a federal investigation reveals this week that hundreds of small financial institutions can’t afford to repay the government loans and its costing U.S. taxpayers tens of billions of dollars.

This is hardly earth-shattering news considering the well-documented history of the $700 billion Troubled Asset Relieve Program (TARP), the president’s brilliant idea to rescue the nation’s ailing financial institutions. Instead, it’s turned out to be a troubling experiment of U.S. tax dollars with virtually no oversight.

In the last few years a variety of federal probes have documented that TARP is severely mismanaged and that its rife with waste and abuse. In fact, a 2009 TARP Inspector General report revealed that dozens of criminal investigations had been launched into the controversial bailout experiment and that the risk would only grow. The probes have centered on securities fraud, tax law violations, mortgage modification fraud and insider trading involving recipients of the federal money.

A separate audit—by the Congressionally-created panel charged with overseeing the Treasury’s actions—divulged that the government actually paid collapsed mortgage giants Fannie Mae and Freddie Mac $240 million to help “administer” TARP. Think about it! These are the scandal-plagued mortgage companies that were seized by the government in 2008 getting millions more from taxpayers to “administer” yet another fraud-infested federal program.

This week the Special Inspector General for TARP revealed that the monstrous bailout program’s losses stand at about $60 billion and that financial institutions owe Uncle Sam a whopping $118.5 billion. Furthermore, hundreds of small banks can’t afford to repay the federal bailout loans so taxpayers will get stuck with the exorbitant tab, according to the TARP inspector general. Just last month the Congressional Budget Office (CBO) estimated that TARP would lose $32 billion.

TARP’s IG disclosed the latest figures to Congress in a 330-page report that outlines the bailout’s monumental failures. “It is a widely held misconception that TARP will make a profit,” the IG writes in the report. It goes on to say: “While TARP and other government responses to the financial crisis may have prevented the immediate collapse of our financial and auto manufacturing industries, and improved stability since 2008, the trade-off is not without profound long-term consequences.” A significant legacy of TARP is increased moral hazard and potentially disastrous consequences associated with institutions deemed ‘too big to fail.”’

Judicial Watch has been a frontrunner in investigating the administration’s handling of the nation’s financial crisis and has sued the U.S. Treasury Department to obtain records related to evaluation procedures used by the government to determine which financial institutions get TARP funds. As a result of the ongoing probe, JW obtained documents involving a controversial $12 million bailout grant provided to an unqualified Boston bank at the behest of California Congresswoman Maxine Waters and Massachusetts Congressman Barney Frank.

http://www.judicialwatch.org/blog/2012/04/taxpayers-stuck-with-billions-in-tarp-losses/ 
DadZilla3
14 years ago
I think we need a 'Bwah-hahahahahahahaha' *wheeze* icon.
ZRX1200
14 years ago
Fox News’ Martha McCallum advised Thursday that the Obama Administration has been quietly sending missives to the Supreme Court threatening that if it doesn’t rule in his favor on ObamaCare, Medicare will face disruption and “chaos.” Therefore, if SCOTUS rules in favor of the US Constitution, Obama & Co will begin its campaign to either destroy Medicare or make those on it suffer greatly. The Obama syndicate is said to be threatening to hold off Medicare payments to doctors and hospitals if SCOTUS does not comply with Obama’s demands and submit to him.

As an additional example of Obama’s illegal and (I believe) highly treasonous behaviors, on 1 May and 2 May Obama issued two additional unconstitutional and illegal Executive Orders. The first E.O., issued 1 May 2012, makes the USA subject to “international regulations” as opposed to looking to and following the US Constitution. Also, with this new E.O., the US FDA will now be able to be bypassed by International committees—thus, replacing the FDA with any international group which may be chosen. In essence, Obama is quickly eliminating US Sovereignty and selling the USA to the international “community.”

The second E.O. issued in 2 days was signed by Obama on 2 May 2012. This E.O. instructs the USA to bow to international regulations instead of the US Constitution and Businessweek reports: “Obama’s order provides a framework to organize scattered efforts to promote international regulatory cooperation, the chamber’s top global regulatory official said today.

“Today’s executive order marks a paradigm shift for U.S. regulators by directing them to take the international implications of their work into account in a consistent and comprehensive way,” Sean Heather, vice president of the chamber’s Center for Global Regulatory Cooperation, said in an e-mailed statement.” This also brings the USA closer to becoming a “North American Union” and—also—eliminating its sovereignty —in toto.

Suffice it to say, no one in Congress has issued even the proverbial “peep” over either of these illegal “orders.” Do the American people really want to continue to live under this blatant tyranny?

The second question is “Will the Supreme Court of the United States of America bow to Obama and give up its co-equal status to the dictator as the US Congress has already done?” If so, perhaps its time for We-the-People to recruit the Honduran Supreme Court who, along with their military, ousted its then President Manuel Zelaya who had become a dictator. Oppression under the Obama syndicate becomes worse each and every day, folks. Will we ever choose to go back to the sunshine?

“And they worshipped the dragon which gave power unto the beast: and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?”—Revelation 13:4
Buckwheat
14 years ago
Why all of this banter? The fix is in. Obama will win the upcoming election.🐴
Kawak
14 years ago
Did someone ask for the FACTS about obama?? Here's 41
1 - Fast and Furious - Operation Gun Runner, sent over 2000 weapons to mexico, and resulted in the death of Border Patrol agent Brian Terry on December 14, 2010
2 - Stonewalled the investigation on Fast and Furious, ignored 22 subpeonas requesting documents for the congressional investigation.
3 - G.E sending 36000 Jobs Overseas, paid NO taxes in 2010, received $3.2 billion tax credit (Obama handpicked G.E. CEO to head his Jobs Committee)
4 - Approved $535 million Solyndra loan, a company who went bankrupt after 1 year.
5 - Lightsquared, the attempt to endanger the Air Traffic Control system for the benefit of his political contributors.
6 - Increased our deficit over 40% in 2/12 years
7 - The harassment of Gibson Guitars, sending the DOJ to confiscate their working inventory because the CEO was a Republican supporter and moved production to a non union environment.
8 - Oil Drilling Moratoriums, preventing oil drilling in the Atlantic and Pacific Oceans and Gulf of Mexico at least until 2017.
9 - Soaring FOOD and Gas Prices
10 - The Downgrade of America's credit rating ( 1st time in American history)
11 - 1st time in American history over 42 MILLION Americans are living in poverty
12 - Never passed a BUDGET ( First time in 34 YEARS)
13 - America drops to 5th place in GLOBAL COMPETITIVENESS
14 - Over 400,000 small businesses closing every year under Obama
15 - Our Debt has increased $4,247,000,000,000 in just 945 days! . (That's the fastest increase under any president ever!)
16 - Fed Suing States and States suing Feds
17 - Pressured Retired General Shelton to ALTER his testimony in the Lightsquared investigation (see #4)
18 - Enabled the LARGEST number of HOME FORECLOSURES
19 - Turned America into the LARGEST FOOD STAMP NATION, 1 in 7 Americans now on food stamps.
20 - Start another War WITHOUT CONGRESSIONAL APPROVAL
21 - Force a Trillion dollar disaster down our throats called Obamacare.
22 - Create OVER 25 million UNEMPLOYED
23 - Appoint a TAX CHEAT for Sec. of the TREASURY!
24 - Appoint over 34 UN-ELECTED CZARS, bypassing congressional approval process.
25 - Eric Holder turns a blind eye to voter intimidation by the Black Panthers then justifies with racial comments
26 - Eric Holder pardons Mark Rich! (indicted on charges of tax evasion and illegal trading with Iran.)
27 - 1st President to File Lawsuits Against the States He Swore an Oath to Protect
28 - 1st President to Terminate America's Ability to Put a Man into Space
29 - 1st President to Tell a Major Manufacturing Company In Which State They Are Allowed to Locate a Factory
30 - 1st President to Propose an Executive Order Demanding Companies Disclose Their Political Contributions to Bid on Government Contracts
31 - 1st President to Withdraw an Existing Coal Permit That Had Been Properly Issued Years Ago
32 - 1st President in American history with a Socialist radical anti American past to get elected with the help of ACORN and the Black Panthers.
33 - 1st President in American History to deface the american flag by placing his own picture on it, Google "obama-american-flag-veterans/2012/03/14/id/432541"
34 - Blocks congressional investigation of solyndra $$$ scandal.
35 - 1st President to publicly bow to Americas enemies while refusing to salute the U.S. Flag.
36 - 1st President to Encourage Racial Discrimination and Intimidation at Polling Places
37 - signed NDAA,and trashed the bill of rights.
38 - TSA harrassment of the flying public including harrassment of John Tyner and strip searches of elderly women.
39 - Continuing censorship, cyberattacks and obstruction of wikileaks
40 - Allows Black Panthers to place a $10K bounty on a US citizen without any proof of guilt, and supports the supposed victim's family based on race only.
41 - Bypassed congressional approval to donate $1.5 BILLION TAX DOLLARS to the MUSLIM BROTHERHOOD in Egypt to promote Sharia Law there.
DrafterX
14 years ago
the beer summits weren't that bad of an idea really... 😟
DrMaddVibe
14 years ago

the beer summits weren't that bad of an idea really... 😟

DrafterX wrote:




They were for stupidly acting people!
Humastronaut
14 years ago
Wow, looks like a lot more big government to me! Weeeeeeeeeeeeeeee!
frankj1
14 years ago

Wow, looks like a lot more big government to me! Weeeeeeeeeeeeeeee!

Humastronaut wrote:


are you better off than you were 4 years ago?
DadZilla3
14 years ago

Did someone ask for the FACTS about obama?? Here's 41
1 - Fast and Furious - Operation Gun Runner, sent over 2000 weapons to mexico, and resulted in the death of Border Patrol agent Brian Terry on December 14, 2010
2 - Stonewalled the investigation on Fast and Furious, ignored 22 subpeonas requesting documents for the congressional investigation.
3 - G.E sending 36000 Jobs Overseas, paid NO taxes in 2010, received $3.2 billion tax credit (Obama handpicked G.E. CEO to head his Jobs Committee)
4 - Approved $535 million Solyndra loan, a company who went bankrupt after 1 year.
5 - Lightsquared, the attempt to endanger the Air Traffic Control system for the benefit of his political contributors.
6 - Increased our deficit over 40% in 2/12 years
7 - The harassment of Gibson Guitars, sending the DOJ to confiscate their working inventory because the CEO was a Republican supporter and moved production to a non union environment.
8 - Oil Drilling Moratoriums, preventing oil drilling in the Atlantic and Pacific Oceans and Gulf of Mexico at least until 2017.
9 - Soaring FOOD and Gas Prices
10 - The Downgrade of America's credit rating ( 1st time in American history)
11 - 1st time in American history over 42 MILLION Americans are living in poverty
12 - Never passed a BUDGET ( First time in 34 YEARS)
13 - America drops to 5th place in GLOBAL COMPETITIVENESS
14 - Over 400,000 small businesses closing every year under Obama
15 - Our Debt has increased $4,247,000,000,000 in just 945 days! . (That's the fastest increase under any president ever!)
16 - Fed Suing States and States suing Feds
17 - Pressured Retired General Shelton to ALTER his testimony in the Lightsquared investigation (see #4)
18 - Enabled the LARGEST number of HOME FORECLOSURES
19 - Turned America into the LARGEST FOOD STAMP NATION, 1 in 7 Americans now on food stamps.
20 - Start another War WITHOUT CONGRESSIONAL APPROVAL
21 - Force a Trillion dollar disaster down our throats called Obamacare.
22 - Create OVER 25 million UNEMPLOYED
23 - Appoint a TAX CHEAT for Sec. of the TREASURY!
24 - Appoint over 34 UN-ELECTED CZARS, bypassing congressional approval process.
25 - Eric Holder turns a blind eye to voter intimidation by the Black Panthers then justifies with racial comments
26 - Eric Holder pardons Mark Rich! (indicted on charges of tax evasion and illegal trading with Iran.)
27 - 1st President to File Lawsuits Against the States He Swore an Oath to Protect
28 - 1st President to Terminate America's Ability to Put a Man into Space
29 - 1st President to Tell a Major Manufacturing Company In Which State They Are Allowed to Locate a Factory
30 - 1st President to Propose an Executive Order Demanding Companies Disclose Their Political Contributions to Bid on Government Contracts
31 - 1st President to Withdraw an Existing Coal Permit That Had Been Properly Issued Years Ago
32 - 1st President in American history with a Socialist radical anti American past to get elected with the help of ACORN and the Black Panthers.
33 - 1st President in American History to deface the american flag by placing his own picture on it, Google "obama-american-flag-veterans/2012/03/14/id/432541"
34 - Blocks congressional investigation of solyndra $$$ scandal.
35 - 1st President to publicly bow to Americas enemies while refusing to salute the U.S. Flag.
36 - 1st President to Encourage Racial Discrimination and Intimidation at Polling Places
37 - signed NDAA,and trashed the bill of rights.
38 - TSA harrassment of the flying public including harrassment of John Tyner and strip searches of elderly women.
39 - Continuing censorship, cyberattacks and obstruction of wikileaks
40 - Allows Black Panthers to place a $10K bounty on a US citizen without any proof of guilt, and supports the supposed victim's family based on race only.
41 - Bypassed congressional approval to donate $1.5 BILLION TAX DOLLARS to the MUSLIM BROTHERHOOD in Egypt to promote Sharia Law there.

Kawak wrote:



Yeah, but remember it's all Bush's fault..
ZRX1200
matchew
14 years ago

are you better off than you were 4 years ago?

frankj1 wrote:



F%^K NO!

Obama has, however, proven he can divide races and classes in this country. He has proven he can spend more
money than ANY pres in history.

i think he has kept one promise though........higher energy prices.

Lets vote him in for another four years.....[sarcasm]
bloody spaniard
14 years ago
I don't give a damn if the Kenyan fool sticks a finger up his ass & dances an Irish jig as he recites the Koran backwards.
He hasn't done a damn thing to get the economy rolling in a positive direction & unemployment is rampant. Just look around you.
Don't go by the hype that you READ or judge everything by how it affects a few small industry niches.

Like I said before, I was willing to give him the benefit of the doubt but he has proven to be a abject failure at everything except photo ops. He is oblivious to (or ignoring) practical methods that have been proven to work by other administrations- Slick's & the Gipper's come to mind...
ZRX1200
14 years ago
Abject failure ? I think he's proving to be quite adept at Circumventing civil liberties And ignoring the constitution.

Much better than w!
teedubbya
14 years ago

Abject failure ? I think he's proving to be quite adept at Circumventing civil liberties And ignoring the constitution.

Much better than w!

ZRX1200 wrote:



lets not go quite that far maccaca
bloody spaniard
14 years ago

Abject failure ? I think he's proving to be quite adept at Circumventing civil liberties And ignoring the constitution.

Much better than w!

ZRX1200 wrote:




Dubya was a joke as well, I agree, (best friend to banks, monopolies, Patriot Act, nation-builder contractors, Javitz-Wagner-Oday Act, etc.) BUT I blame the legislators more than I blame the doofuses in the oval office. They (POTUS) are supposed to provide the leadership & noogies as needed to convince recalcitrant, self-serving bureaucrats (redundant- I know) to free up the red tape & allow business to prosper but they haven't been. THEN, the orange Boners and wop Pelosis are supposed to pick up the slack. Lately, it's been the other way around.
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