Posted by AzBlueMeanie :
A brutal report issued last Monday by a government watchdog holds Timothy Geithner — then the head of the Federal Reserve Bank of New York and now the nation’s Treasury Secretary — responsible for over payments that put billions of extra tax dollars in the coffers of major Wall Street firms, most notably Goldman Sachs . Geithner Singled Out In TARP Watchdog Neil Barofsky’s Scathing Report On AIG Bailout :
The authoritative new narrative describes how, while... Read Full Story
House Speaker Nancy Pelosi (D-Calif.) laid out a scenario Thursday in which the massive overhaul of the nation’s health system could pass by the end of the year.
If the Senate were to pass a bill by next Thursday, Dec. 17, she said, the House and Senate could conduct a conference committee during the next weekend and pass it before New Year’s Day.
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From Reuters: Guess what? It turns out the Chinese are kind of curious about how President Barack Obama’s healthcare reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions....Boilerplate assurances that America won’t default on its debt or inflate the shortfall away are apparently not cutting it. Nor should they, when one owns nearly $2 trillion in assets denominated in the... Read Full Story
Just moments ago the senate voted for cloture in the healthcare reform bill sending it ot the senate floor for debate. The vote passed 60-39. It is now inevitable that this bill will become law.
Conservative and moderate Democrats, such as Ben Nelson, who claimed to harbor doubts about the bill in the end fell in line with party leaders and voted to send this bill forward. These politicians who claimed that they would oppose the legislation only to vote in favor of it will use the... Read Full Story
WASHINGTON, Nov. 11 (UPI) --
Repealing a ban on homosexuals serving openly in the U.S. military is to be included in the next Defense Department authorization bill, a lawmaker said.
Repealing the so-called policy is planned as part of next year's authorization bill in both the House and the Senate, Rep. Barney Frank, D-Mass., told Politico in a story published Wednesday.
Frank said.
The White House and House Speaker Nancy Pelosi, D-Calif., are committed to ending the 1993 ban... Read Full Story
Treasury Secretary Timothy Geithner said the government's $700 billion bailout program will end "as soon as we can," and that part of it will be used to lower the record deficit. He urged Congress to move quickly in overhauling the nation's financial rules, which he says is key to a ... Read Full Story
A Nancy Pelosi & Obamacare Reform Nightmares! H.R. 3962, Hello Socialism and Goodbye Free Markets; Provides Automatic FREE Healthcare for Newborns of Illegal Immigrants & Exempting Undocumented Immigrants from Massive Fines: By Marc Chamot Shame on you, Nancy Pelosi! She’s turning out to be the real “whip and a liar,” behind the Obamacare, healthcare reforms. It seems now that when President Obama said that the undocumented wouldn’t get taxpayer financed medical healthcare, it was all a big... Read Full Story
House Democrats say they've reached a Medicare deal that secures critical support from heartland and Pacific lawmakers for health overhaul legislation. The deal announced Thursday also holds the promise of changing Medicare payments to reward quality care instead of the sheer volume of tests and procedures. Medicare recipients in some states get quality care at lower cost than in most other places. But hospitals and doctors in those states make less money per patient than providers in higher... Read Full Story
Is this the beginning of the end of Obama’s honeymoon with African American voters? A few weeks ago, an estimated 200 African American protesters marched on Washington to express their displeasure with the Obama Administration. The group protested what they called, “The Black Face of White Power”. Signifying that Obama represents that same white power structure that has kept minorities “oppressed”. The incident received very little coverage, but something tells me this is the genesis of an... Read Full Story
In my last post, I wrote about the resignation of Greg Craig from White House counsel. He became the fall guy for Obama’s failure to close GITMO as promised but there could be even more to the story of his resignation. That story lies in the man Barack Obama chose to replace Craig.
Greg Craig was almost immediately replaced by Bob Bauer, a lawyer who has defended Barack Obama’s association with ACORN in the past. According to Representative Steve King, Bob Bauer could have been put in... Read Full Story
