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To: sickoflibs; ding_dong_daddy_from_dumas; stephenjohnbanker; TommyDale; FromLori; Gilbo_3; NFHale; ...
........Democrats do not want Obama campaigning for them, especially WRT the stimulus package which, in Obama’s own words, appears to have failed...........

Democrats outline terms under which Ohaha will campaign for candidates:

(1) No Obama photos with candidates.

(2) Obama does not stand too close to candidates at rallies.

(3) Obama does not mention Democrat, and the candidate's name, in the same sentence.

(4) Obama does not mention healthcare and if he has a cold or a cough, he stays in the WH.

(5) Under no circumstances will rally entertainers sing or play, "Chicago, Chicago, that Toddlin' Town."

(6) No foods served with hot sauce.

(7) All contributions from the DNC are returned unopened.

===========================================

CNBC's outspoken Rick Santelli said that all government spending is not created equal, and that Obama's so-called stimulus spending went to govt payrolls and not the infrastructure improvement it was sold as.

The $786B TARP Bailout is now being called, "A MASTERFUL DECEIT." Paulson, et al, may not have pulled a fast one when he testified in favor of the TARP before Congress----but Congress' phony outrage is a puzzlement. If HR 1424 was a 'MASTERFUL DECEIT' then CONGRESS didn't do its job.

TITLE I—TROUBLED ASSETS RELIEF PROGRAM (required 'Congressional Oversight' sections listed)
Sec. 101. Purchases of troubled assets.
Sec. 102. Insurance of troubled assets.
Sec. 103. Considerations.
Sec. 104. Financial Stability Oversight Board.
Sec. 105. Reports.
Sec. 107. Contracting procedures.
Sec. 108. Conflicts of interest.
Sec. 111. Executive compensation and corporate governance.
Sec. 116. Oversight and audits.
Sec. 118. Funding.
Sec. 119. Judicial review and related matters.
Sec. 121. Special Inspector General for the Troubled Asset Relief Program.
Sec. 125. Congressional Oversight Panel.
Sec. 127. Cooperation with the FBI.
Sec. 129. Disclosures on exercise of loan authority.

In HR 1424, there are enough rules, regs and CONGRESSIONAL OVERSIGHT REQUIRED that not one Thin Dime should have been 'misspent.' So if anything crooked did go on Congress should look in a mirror. They dropped the ball -- again. And the same Gangster Government will run our healthcare.

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DID YOU KNOW? TARP was not designed to be a pool of money available for bailout of just anything that didn't move, like a couple of bankrupt unionized companies in the automobile industry? TARP was very specific in its purpose to provide liquidity to frozen banking and financial system and stave off the run on the banks (attack on the financial system, by proxy) and allow the 'netting' of the [frozen] assets on the books of financial institutions, in the aftermath of the fall of Lehman Bros and the run on trillions of dollars in money market funds in the consequent "breaking the buck" by private Reserve Primary Fund managed by Bruce Bent.

5 posted on 07/26/2010 10:44:22 AM PDT by Liz
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To: Liz; sickoflibs; stephenjohnbanker; DoughtyOne; indylindy

See my new tagline


18 posted on 07/26/2010 5:32:18 PM PDT by ding_dong_daddy_from_dumas (Lt. Col. Ralph Peters: Obama is the dog who caught the fire truck!)
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To: Liz

” DID YOU KNOW? TARP was not designed to be a pool of money available for bailout of just anything that didn’t move, like a couple of bankrupt unionized companies in the automobile industry? TARP was very specific in its purpose to provide liquidity to frozen banking and financial system and stave off the run on the banks (attack on the financial system, by proxy) and allow the ‘netting’ of the [frozen] assets on the books of financial institutions, in the aftermath of the fall of Lehman Bros and the run on trillions of dollars in money market funds in the consequent “breaking the buck” by private Reserve Primary Fund managed by Bruce Bent. “

Most people don’t even know this.


24 posted on 07/27/2010 7:27:22 AM PDT by stephenjohnbanker (Support our Troops, and vote out the RINOS!)
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