Some more words on the stimulas bill and Obama

How the media helped Barack become president
Don't expect the liberal media to make any post-election effort to regain America's trust -- because they don't think they need to.
He who has an earmark, let him receive ...
President Obama has reneged on his promise of keeping the economic stimulus package free of earmarks.
Families of terror victims 'guarded' after Obama meeting
The retired naval officer who commanded the USS Cole when it was attacked by terrorists in October 2000 says he remains guarded about President Obama's decision to shut down the Guantanamo Bay detention facility in Cuba and suspend the military tribunals being conducted there.

This from another Blog
Sorry if this offends
But this really pisses me off. Emphasis is mine.
By Mark Pittman and Bob Ivry
Feb. 9 (Bloomberg) -- The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.
The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent almost $3 trillion over the past two years and pledged to provide up to $5.7 trillion more if needed. The total already tapped has decreased about 1 percent since November, mostly because foreign central banks are using fewer dollars in currency-exchange agreements called swaps. The Senate is to vote early this week on a stimulus package totaling at least $780 billion that President Barack Obama says is needed to avert a deeper recession. That measure would need to be reconciled with an $819 billion plan the House approved last month.
Only the stimulus package to be approved this week, the $700 billion Troubled Asset Relief Program passed four months ago and $168 billion in tax cuts and rebates approved in 2008 have been voted on by lawmakers. The remaining $8 trillion in commitments are lending programs and guarantees, almost all under the authority of the Fed and the FDIC. The recipients’ names have not been disclosed.
“We’ve seen money go out the back door of this government unlike any time in the history of our country,” Senator Byron Dorgan, a North Dakota Democrat, said on the Senate floor Feb. 3. “Nobody knows what went out of the Federal Reserve Board, to whom and for what purpose. How much from the FDIC? How much from TARP? When? Why?”
more at the link
Don February 9, 2009 - 8:45am
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