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The Obama administration will announce today a new $14 billion bailout program to bail out some people who are underwater on their mortgages. During the housing bubble, hundreds of thousands of people made such small down payments on their home that their mortgage was almost as big as the price of their home. When the
housing bubble ended, their home value fell to less than their mortgage. Thousa
Posted by Hans Bader on September 7, 2010 at 10:30am
Posted by Alan Caruba on September 6, 2010 at 11:30am
Posted by Alan Caruba on September 5, 2010 at 11:00am
Unemployment went back up to 9.6%, as the nation shed 54,000 jobs in August. Yet Obama calls this “Recovery Summer.” This is the same Obama who complained about the economic recovery in 2004
… ContinuePosted by Hans Bader on September 3, 2010 at 2:11pm
The Department of Veterans Affairs is spending millions annually on 314 run-down, vacant buildings, including a pink monkey house. “The buildings are home to rats, lead paint, wall-to-wall fungal growth, mold, radon, and spare tires.”
"Billions of stimulus dollars have been wasted on programs"
… ContinuePosted by Hans Bader on September 2, 2010 at 1:00pm
Federal domestic spending increased by a record 16 percent this year, thanks to wasteful spending by the Obama Administration, such as its “huge economic stimulus package.”
The $862 billion stimulus package
… ContinuePosted by Hans Bader on September 1, 2010 at 3:31pm
Posted by Alan Caruba on August 31, 2010 at 11:00am
Posted by Myron Ebell on August 31, 2010 at 10:17am
Posted by Alan Caruba on August 29, 2010 at 12:00pm
Posted by Alan Caruba on August 26, 2010 at 10:00am
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