Keyword: slushfund

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  • Rep. Gohmert: Obama Wants $67,912 for Every Illegal Alien Minor

    07/11/2014 6:53:37 PM PDT · by Tailgunner Joe · 58 replies
    cnsnews.com ^ | July 10, 2014 | Craig Bannister
    Pres. Obama is asking Congress for $3.7 billion - $67,912.28 per child - to deal with 57,000 minors illegally entering the U.S., Rep. Louie Gohmert (R-Texas) tweeted today. But, the problem is more than money, Rep. Gohmert tells MRCTV, since Obama's threats and imperial actions are sending "the message that America has become lawless": "His lawlessly announcing his one-man legislation allowing people to come illegally and stay illegally sent the message that America had become lawless and would not be enforcing our own border or laws. Now, demanding money or else he'll allow even more devastation to our health, education...
  • Clinton: Speaking fees 'donated'

    07/04/2014 1:27:34 PM PDT · by Cincinatus' Wife · 47 replies
    The Hill ^ | July 4, 2014 | Rachel Huggins
    Hillary Clinton on Friday defended her six-figure speaking fees, saying she's donated all the money earned from colleges over the past year to her family's foundation. “All of the fees have been donated to the Clinton Foundation for it to continue its life-changing and life-saving work. So it goes from a foundation at a university to another foundation,” she told ABC News on Friday. The former secretary of State and potential 2016 presidential contender reportedly charges about $200,000 for speaking engagements. Clinton recently drew fire from University of Nevada Las Vegas students who threatened to protest an upcoming fundraiser she's...
  • Obama to pitch $1B climate change 'resilience fund' in Fresno, CA

    02/14/2014 10:15:14 AM PST · by Sub-Driver · 91 replies
    February 14, 2014, 06:39 am Obama to pitch $1B climate change 'resilience fund' By Laura Barron-Lopez President Obama will pitch a new $1 billion climate change resilience fund during a visit Friday to California. The fund, which would need to be approved by Congress, is intended to help communities dealing with negative weather that's the result of climate change. Obama is touting the fund during a trip to California, which has been devastated by a drought that is threatening the Central Valley's agriculture production and has led Gov. Jerry Brown (D) to call on Californians to conserve water. During a...
  • White House offers 'grand bargain' on tax cuts and infrastructure

    01/05/2014 5:25:02 PM PST · by Typical_Whitey · 60 replies
    NBC ^ | Sun Jan 5, 2014 | Tom Curry, National Affairs Writer, NBC News
    Gene Sperling, the director of President Barack Obama’s National Economic Council, said Sunday that Obama is offering congressional Republicans “a grand bargain on jobs. He has said he would be willing to do corporate tax reform that lowers rates to 28 percent, simplifies taxes for small businesses, but do it together with a major infrastructure investment.” In his budget proposal last year, Obama called for $50 billion in additional short-term federal spending on infrastructure projects such as bridges, highways, and mass transit systems, as well as creation of a National Infrastructure Bank to make loans to such projects. “The economy...
  • Obama Spent $7.4 Bil Helping Third World Fight Imaginary Problem

    01/05/2014 11:54:02 AM PST · by SeekAndFind · 23 replies
    Frontpage Mag ^ | 01/05/2014 | Daniel Greenfield
    No word on how much money was spent helping the Third World fight ghosts, a problem that like Global Warming doesn’t exist, but is much more entertaining. Just compare The Day After Tomorrow to Paranormal Activity. American taxpayers spent $7.45 billion to help developing countries cope with climate change in fiscal years 2010 through 2012, according to a federal government report submitted to the United Nations on a subject that Secretary of State John Kerry described as “a truly life-and-death challenge.”That sum of $7.45 billion, which reached more than 120 countries through bilateral and multilateral channels, met President Obama’s...
  • President Obama to insurers: No bailout (But the article specifically states there is a bailout)

    11/19/2013 4:40:07 AM PST · by tobyhill · 19 replies
    politico ^ | 11/19/2013 | By KYLE CHENEY and JENNIFER HABERKORN
    President Barack Obama had some bad news for the insurance company CEOs who met him at the White House: His “fix” might cost them. Obama asked the CEOs to reinstate millions of Americans’ health insurance plans that were cancelled because they fell short of coverage requirements under the law, according to two executives who attended the session Friday. The president offered the execs some sweeteners, but admitted they won’t necessarily add up to enough to cover the full brunt of added costs that the changes to the insurance market could create. The president’s proposed “fix” to the wave of plan...
  • Insurers might get bigger payments (Risk Corridor Bailout)

    11/15/2013 2:05:07 PM PST · by jimbo123 · 9 replies
    The Hill ^ | 11/15/13 | Elise Viebeck
    Health insurance companies could see higher government payments because of President Obama's administrative move to address the criticism over canceled health plans. White House spokesman Jay Carney suggested Friday that federal health officials would raise payments to insurance companies should the policy shift bring on unexpected costs. "If the costs are higher, then [the Department of Health and Human Services] can mitigate those costs with insurers," Carney said at a briefing.
  • CMS letter to state regulators on ObamaCare “fix” hints at “risk corridor” bailout for insurers

    11/15/2013 1:55:18 PM PST · by jimbo123 · 4 replies
    Hotair ^ | 11/15/13 | ALLAHPUNDIT
    Excellent catch by Chris Jacobs at Heritage. If you read the post about Rubio’s anti-bailout bill, you already know what “risk corridor” means. -snip- So are insurance company executives, of course; they’re meeting with Obama today to express their “concern.” So here’s a pot-sweetener for them from CMS in the nick of time: If they decide to un-cancel some plans and end up taking a beating financially from the adverse selection that results, Uncle Sam will be there to make everything right. I must have read three dozen blog posts yesterday wondering how O would be able to keep insurers...
  • Barack Obama says he's 'brainstorming' with insurers

    11/15/2013 1:44:41 PM PST · by jimbo123 · 55 replies
    Politico ^ | 11/15/13 | REID J. EPSTEIN
    President Barack Obama said he and health care executives will be “brainstorming” ways to fix his troubled health care law at a Roosevelt Room meeting Friday afternoon. -snip- The meeting comes a day after Obama announced health care plans that don’t meet Affordable Care Act standards could still be sold to existing individual market customers. Obama said he and other White House officials would be asking the executives for their input on how best to implement the law.
  • Rubio bill would repeal Obamacare’s insurer bailout

    11/15/2013 11:24:01 AM PST · by The Old Hoosier · 11 replies
    Conservative Intel ^ | 11/15/13 | David Freddoso
    The basic idea that for the first three years of Obamacare, the Treasury has committed to protecting against an industry-wide death spiral — and that could well occur if insurance customers continue to avoid the Obamacare exchanges...This is well worth a vote, because it will highlight the bailout provision, which most Americans aren’t aware of at all...
  • Rubio presses to repeal Obamacare provision allowing insurance industry 'bailout'

    11/15/2013 11:23:05 AM PST · by jimbo123 · 4 replies
    Wash Examiner ^ | 11/15/13 | DAVID M. DRUCKER
    Obamacare includes a provision that allows the federal government to funnel taxpayer dollars to insurers that face the prospect of losing too much money under the new health care law, and conservative critics want to repeal it. Sen. Marco Rubio, R-Fla., said the provision could amount to a bailout of the insurance industry, which stands to lose if the troubled Obamacare exchanges fail to enroll enough people to make the system financially viable. -snip- Rubio's office was circulating the bill, first reported by Politico, to other senators on Friday. “I expect we'll introduce [it] as soon as possible next week,”...
  • Rubio to introduce bill that would repeal “risk corridor” a.k.a. bailout provisions of ObamaCare

    11/15/2013 11:18:24 AM PST · by jimbo123 · 17 replies
    Hotair ^ | 11/15/13 | ALLAHPUNDIT
    Goooood politics. I’m 90 percent sure it won’t pass, but last week I would have told you I was 100 percent sure. At the rate O and his boondoggle are melting down on the Hill, there’s no down side to trying to force Democrats to vote on all sorts of bills that would chip away at parts of O-Care. Worst-case scenario: They fail but with some Democratic support, which means a rolling PR disaster for the White House and a very small margin of error going forward lest the Democratic turncoats in Congress start thinking maybe it’d be better to...
  • What do insurance companies think about health care 'fix'? [Video]

    11/15/2013 10:24:48 AM PST · by Maceman · 13 replies
    In this morning's interview Former Cigna exec seems to be cautiously optimistic about Obama's "fix" and the future of Obamacare.
  • WHITE HOUSE SAYS WILL EXAMINE "RISK CORRIDOR" (Did Reuters pull O-Care insurance co bailout story?)

    11/14/2013 5:14:21 PM PST · by jimbo123 · 8 replies
    Chicago Tribune ^ | 11:04 a.m. CST, November 14, 2013 | Reuters
    WHITE HOUSE SAYS WILL EXAMINE "RISK CORRIDOR" PROGRAM THAT SHARES RISKS OF NEW SYSTEM WITH INSURERS TO SEE IF TWEAKS NEEDED FOR 2014 DUE TO NEW FIX
  • Experts stunned at cost for Healthcare.gov website development

    10/22/2013 6:05:39 AM PDT · by Oldeconomybuyer · 173 replies
    My FOX-TV DC ^ | October 22, 2013
    “My overall sense, right from day one, was it was created by people who had never created a commercial database application before," said FMS Software developer Luke Chung. Chung looked over the site and was stunned by the code and the cost - by some estimates, perhaps $200 million. Chung continued, “At $200 an hour, that would be a million man hours, 5,000 man years. I don't think they had time to use 5,000 man years. So I don't know where the money went. I don't know what these people were doing. There're not that many web pages. I don't...
  • IRS Watchdog: $67 Million Missing from Obamacare Slush Fund

    09/25/2013 2:51:10 PM PDT · by Libloather · 45 replies
    ATR ^ | 9/25/13 | John Kartch
    WASHINGTON, D.C. – The IRS is unable to account for $67 million spent from a slush fund established for Obamacare implementation, according to a Treasury Inspector General for Tax Administration (TIGTA) report released today. The “Health Insurance Reform Implementation Fund” (HIRIF) was tucked into Obamacare in order to give the IRS money to enforce the tax provisions of the healthcare law. The fund, totaling some $1 billion of taxpayer money, was used to roll out enforcement mechanisms for the approximately 50 tax provisions of Obamacare. According to the report: “Specifically, the IRS did not account for or attempt to quantify...
  • Senate immigration bill includes nearly $300 million in slush funds for immigrants' rights groups

    07/19/2013 8:27:35 PM PDT · by Baynative · 88 replies
    Daily Mail on line ^ | 7/19/13 | David Martosko
    A former senior policy analyst at the National Council of La Raza supervised the drafting of a U.S. Senate bill, passed on June 27, that would give an estimated 11 million illegal immigrants a path to citizenship if the House of Representatives goes along. And La Raza figures to enlarge its budget significantly, thanks to slush funds buried deep in the legislation. A bombshell report published Thursday by Investor's Business Daily shows that the immigration reform bill would set aside hundreds of millions of dollars for La Raza and other liberal immigrants' rights groups, which the federal government would contract...
  • La Raza In Line To Pocket Reform-Bill Slush Funds

    07/18/2013 7:50:19 AM PDT · by IBD editorial writer · 11 replies
    Investor's Business Daily ^ | 7/172013 | M. Stanton Evans
    The avowed purpose of the immigration bill passed by the Senate and pending in the House is to provide a "path to citizenship" for the illegal immigrants in exchange for tough new enforcement measures that would prevent other such incursions in the future. But buried deep within the immigration bill are hidden multimillion-dollar slush funds for left-wing nonprofit groups to provide services to the estimated 11 million illegal immigrants now in the U.S. Once enacted, the slush funds would total almost $300 million over three years and grow over time.
  • How Obamacare Is Being Used to Create a Permanent Democratic Majority

    06/20/2013 11:50:50 AM PDT · by TurboZamboni · 35 replies
    powerline ^ | 6-19-13 | John Hinderaker
    To a remarkable degree, liberalism has been institutionalized as an official ideology, funded by your tax dollars. This editorial in Investors Business Daily explains, in shocking detail, how Obamacare is being used to fund Democratic Party operatives and drive Democratic Party enrollment: The Obama administration granted a whopping $910 million to California to set up its insurance exchange. That money is not for bandages, surgery, nurses and doctors to care for the sick. … Shockingly, the $910 million is slated for bureaucracy, including rich compensation packages for exchange employees ($360,000 a year for the executive director) and contracts for computer...
  • Immigration Bill Contains Slush Funds For Pro-Amnesty Groups

    05/01/2013 11:36:06 AM PDT · by zeestephen · 33 replies
    Center For Immigration Studies ^ | 01 May 2013 | Jon Feere
    The pro-Amnesty lobbyists who helped craft the Schumer-Rubio immigration bill included two "slush funds" amounting to $150 million. Millions of dollars will go to groups like La Raza, Casa de Maryland, and the American Immigration Lawyers Association.
  • U.S. Treasury tracking N. Korea's overseas slush funds

    04/15/2013 6:33:46 AM PDT · by TigerLikesRooster · 3 replies
    Arirang News ^ | APR 15, 2013 | Kim Ji-yeon
    U.S. Treasury tracking N. Korea's overseas slush funds U.S. Treasury Department's Under Secretary for Terrorism and Financial Intelligence David Cohen says his department is tracking slush funds used by the late North Korean leader Kim Jong-il and his family. In an interview with Voice of America released on Sunday, Cohen said Washington plans to introduce measures to ensure the slush funds can not be used. Media reports have been rife with suggestions Kim Jong-il left more than 3 billion U.S. dollars in Swiss bank accounts for his son and current successor, Kim Jong-un. When asked if North Korea continues to...
  • Obama’s Slush Fund Helps Bother in Law

    05/05/2012 6:09:31 PM PDT · by Cybercorrespondent · 5 replies
    http://cybercorrespondent.wordpress.com ^ | 5-6-2012 | Cybercorrespondent
    For Oregon State University in Corvallis, where the brother-in-law of the current U.S. President coaches basketball, record enrollment has translated to longer lines and greater competition for everything from classes to parking places. Read full story @ http://cybercorrespondent.wordpress.com
  • Obama’s Slush Fund Saves a Job

    05/04/2012 4:42:40 AM PDT · by Cybercorrespondent · 14 replies
    Cybercorrespondent's blog ^ | 5-3-2010 | Cybercorrespondent
    After an 8 -11 start (2-5) in the Pac 10 conference, Mr. Bob DeCarolis, who’s the Athletic Director of Oregon State University, was considering weather to fire their Basketball Coach Craig Robinson. When word reached the Undersecretary of Education Martha Kanter in Washington, $17 million of stimulus money was immediately dispatched to the University to save Basketball Coach Craig Robinson’s job. Thanks to Obama’s slush fund, Coach Craig Robinson’s job was saved. For those of you unfamiliar with Coach Robinson, he just so happens to be the brother in law of none other than our country's beloved President Obama, the...
  • Labor Department Allows Ex-Solyndra Workers to Apply for Federal Aid

    11/23/2011 8:59:09 AM PST · by Sub-Driver · 4 replies
    Labor Department Allows Ex-Solyndra Workers to Apply for Federal Aid Published November 22, 2011 | FoxNews.com Hundreds of workers who were laid off by the bankrupt solar firm that received $528 million in taxpayer support are eligible for additional federal aid, the Labor Department has ruled. The potential benefits for laid-off Solyndra workers would fall under a program known as "trade adjustment assistance." The taxpayer-backed benefits are supposed to help workers who lost their jobs presumably because production was shifted overseas. In a Nov. 18 decision, the Labor Department ruled that former Solyndra employees meet the criteria. Echoing an argument...
  • Solar Firm That Received $1.2 Billion Federal Loan Plagued by Financial Problems (SunPower Corp.)

    10/12/2011 5:39:02 PM PDT · by SeekAndFind · 18 replies
    Fox News ^ | 10/12/2011 | Stephen Clark
    With the Solyndra scandal still swirling, the Obama administration is under pressure to reveal the financial condition of the solar companies that received $4.75 billion in similar federal loan guarantees on the last day of the program. Republican lawmakers on two House committees are seeking details about the loans given to First Solar, SunPower Corp. and ProLogis. Of those three companies, troubling financial revelations have emerged about SunPower, which received a $1.2 billion loan, more than twice the money approved for Solyndra, which filed for bankruptcy last month after receiving a $528 million loan. The Energy Department says on its...
  • Solar plants in Mass. and Mich. to be auctioned

    10/10/2011 10:56:02 PM PDT · by smokingfrog · 2 replies
    Chicago Tribune ^ | 10 Oct 2011 | AP Story
    An Illinois liquidation firm has been named to handle the auction of former Evergreen Solar plants in Massachusetts and Michigan. Hilco Industrial said in a statement Monday that it had been appointed by the U.S. Bankruptcy Court to take bids on the Evergreen facilities in Devens, Mass., and Midland, Mich., including all related assets housed in the plants. The solar energy company closed the Devens plant in January and moved manufacturing operations to China. It had previously received more than $20 million in grants and $11 million in tax and lease initiatives from Massachusetts.
  • Email scammers tout assets of deposed Arab leaders(I'm Gaddafi's wife...transfer money...)

    10/05/2011 7:01:00 AM PDT · by TigerLikesRooster · 11 replies
    Reuters ^ | 10/04/11
    Email scammers tout assets of deposed Arab leaders (Reuters) - Scam emails supposedly from close aides or relatives of deposed Arab leaders are offering a huge chunk of their assets if recipients hand over their bank details or pay a fee up front. "The quantity of attacks of this sort that we detect is enormous," said Chester Wisniewski, a senior security adviser at Sophos, which uses sophisticated spam filters to identify scam emails. In one email, a scammer pretends to be the wife of deposed Libyan leader Muammar Gaddafi. She says she has managed to escape to Tunisia and is...
  • Why Don't We Hear About Soros' Ties to Major News Organizations?

    05/11/2011 9:05:14 AM PDT · by US Navy Vet · 13 replies
    FoxNews ^ | May 11, 2011 | By Dan Gainor
    When liberal investor George Soros gave $1.8 million to National Public Radio , it became part of the firestorm of controversy that jeopardized NPR’s federal funding. But that gift only hints at the widespread influence the controversial billionaire has on the mainstream media. Soros, who spent $27 million trying to defeat President Bush in 2004, has ties to more than 30 mainstream news outlets – including The New York Times, Washington Post, the Associated Press, NBC and ABC. Prominent journalists like ABC’s Christiane Amanpour and former Washington Post editor and now Vice President Len Downie serve on boards of operations...
  • Congress moves to repeal slush fund used for anti-obesity campaigns

    04/06/2011 7:52:22 PM PDT · by Tolerance Sucks Rocks · 15 replies
    The Daily Caller ^ | April 5, 2011 | Amanda Carey
    As Congress continues to battle over budget cuts, one House subcommittee took the first step toward defunding a slush fund of taxpayer money used for anti-obesity campaigns throughout the country. In a little-noticed hearing last Thursday, the House Energy and Commerce Committee’s Health Subcommittee voted out legislation that would repeal the Prevention and Public Health Fund that was created in the health care reform bill. The fund is a permanently authorized and appropriated subsidy for the Communities Putting Prevention to Work (CPPW) initiative (originally funded through the Recovery Act) that gives grants that directly financed anti-obesity campaigns and soda-tax efforts...
  • Washington Post and CBS receiving money from ObamaCare Slush Fund

    04/06/2011 6:47:25 AM PDT · by xtinct · 67 replies
    Daily Caller ^ | 4/5/2011 | Matthew Boyle
    Two mainstream news organizations are receiving hundreds of thousands of taxpayer dollars from Obamacare’s Early Retiree Reinsurance Program (ERRP) — a $5 billion grant program that’s doling out cash to companies, states and labor unions in what the Obama administration considers an effort to pay for health insurance for early retirees. The Washington Post Company raked in $573,217 in taxpayer subsidies and CBS Corporation secured $722,388 worth of Americans’ money. “It is fine with me if they continue covering the ObamaCare debate,” said Rep. Marsha Blackburn, Republican of Tennessee, in an e-mail to The Daily Caller. “When NBC used to...
  • Hands off the Obamacare Slush Fund

    03/16/2011 5:56:42 AM PDT · by ncalburt · 20 replies
    The American Spectator ^ | 3-16-2011 | The Prowler
    http://spectator.org/archives/2011/03/16/hands-off-the-obamacare-slush
  • PolitiFact, FactCheck, and WaPo All Confirm: The $105 Billion Obamacare Slush Fund Exists

    03/12/2011 11:15:32 AM PST · by STARWISE · 35 replies
    Heritage ^ | 3-9-11
    Today former Congressman Ernest Istook testified before the House Energy and Commerce Health Subcommittee about the $105 billion slush fund in advance appropriations liberals tucked inside Obamacare. The $105 billion bypasses the traditional yearly budgeting process and is spread throughout the 2,700 page legislation. It took the Congressional Research Service (CRS) seven months to identify all the disparate funds and it was not until February (11 months after the bill passed) that all of the funds could be totaled up. Rep. Michele Bachmann (R-MN) has been beating the drum to raise awareness of this unprecedented level of advance spending. But...
  • N. Korea: Elusive Manager of Kim Jong-il's Slush Funds Pops Up Again

    12/14/2010 11:13:12 PM PST · by TigerLikesRooster · 8 replies · 1+ views
    Chosun Ilbo ^ | 12/15/10
    Elusive Manager of Kim Jong-il's Slush Funds Pops Up Again South Korean intelligence officials breathed a sigh of relief on Sunday. They had finally located Jon Il-chun, the head of a special department in North Korea's Workers Party that manages Kim Jong-il's slush fund. Jon, who had eluded intelligence officials for the past six months, was finally spotted on a North Korean TV broadcast featuring one of leader Kim Jong-il's so-called on-the-spot guidance tours in Pyongyang. The 69-year-old Jon went to high school with Kim (68) and was appointed head of the department, known as Room 39, early this year....
  • Tim Geithner Warns: The US Is At Risk Of A 1930s Repeat

    09/12/2010 10:53:34 PM PDT · by blam · 66 replies
    The Business Insider ^ | 9-13-2010 | Joe Weisenthal
    Tim Geithner Warns: The US Is At Risk Of A 1930s Repeat Joe Weisenthal Sep. 12, 2010, 9:11 PM If the government become paralyzed -- as is arguably the case already, and is clearly a serious risk should the GOP take over -- the US risks a 1930s-like scenario. At least according to Tim Geithner. That's the standout quote from an interview in the WSJ: [The] typical error most countries make coming out of a financial crisis is they shift too quickly to premature restraint. You saw that in the United States in the 30s, you saw that in Japan...
  • N. Korea: Kim Jong-il’s Slush Fund Woes?

    09/10/2010 5:13:46 AM PDT · by TigerLikesRooster · 6 replies
    The Diplomat ^ | 09/06/10 | Bryan Kay
    Kim Jong-il’s Slush Fund Woes? East Asia | Economy | North Korea September 6, 2010By Bryan Kay Bureau 39 has been dubbed Kim’s own slush fund. A chain of eateries offers a glimpse into how the North Korean body makes cash. Bureau 39. It’s the shady, money-making arm of the North Korean government and is believed to engage in a range of illicit activities including the manufacturing and trafficking of heroin, peddling of fake US banknotes and arms sales. Part of the North Korean Workers Party, Bureau 39 has been described as Kim Jong-il's personal slush fund. But it’s about...
  • U.S. Private Sector Employment Decreased by 10,000 Jobs in August

    09/01/2010 5:31:23 AM PDT · by abb · 105 replies
    Marketwire ^ | September 1, 2010 | Staff
    ROSELAND, NJ--(Marketwire - September 1, 2010) - Private sector employment decreased by 10,000 from July to August on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today. The ADP National Employment Report, created by Automatic Data Processing, Inc. (ADP®), in partnership with Macroeconomic Advisers, LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month.
  • Obama says he Ignored Beck rally

    08/29/2010 3:55:59 PM PDT · by jern · 238 replies · 1+ views
    MSNBC ^ | August 29, 2010 | Brian Williams
    Obama says he ignored Beck rally He seemed intent on casting himself as above the political fray, saying he had more important work to do than to engage in the back and forth of the political “silly season.” For example, Obama said he did not watch any of Fox News Channel host Glenn Beck’s “Restoring Honor” rally Saturday on the National Mall. “It’s not surprising that somebody like a Mr. Beck is able to stir up a certain portion of the country. That's been true throughout our history,” he said. But “I’m making decisions that are not necessarily good for...
  • Rezko’s pals reunite tomorrow at fundraiser

    08/05/2010 6:06:39 AM PDT · by Dubya-M-DeesWent2SyriaStupid! · 4 replies
    washingtonexaminer.com ^ | 08/04/10 1:00 PM EDT | David Freddoso
    Tomorrow, there will be a meeting between two guys who helped crooked developer Tony Rezko get his hands on millions of dollars. Democrats Barack Obama and Alexi Giannoulias probably won’t talk about their old pal, convicted and now in federal custody, when they meet for tomorrow’s fundraiser to support Giannoulias’ campaign for U.S. Senate. But people who know about Obama’s career in Illinois politics will probably make the connection for themselves. Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/rezkos-pals-reunite-tomorrow-at-fundraiser-99951869.html#ixzz0vjgk6PF7
  • Why the President Is Simply Wrong on Civil Rights

    07/10/2010 4:16:08 PM PDT · by DBCJR · 10 replies · 1+ views
    The Root ^ | July 10, 2010 at 6:00 AM | Lenny McAllister
    How can a former constitutional law professor, an attorney general and an iconic organization get it so wrong on civil rights? When you look at it, it is hard to tell if the White House, the Department of Justice and the NAACP are merely a collective sign of the times or the reasons why the times are sadly changing. Over the course of the past week, all three iconic institutions have corrupted the legacy of civil rights activism in America, using their efforts to support legal initiatives that pervert the legacy of black civil rights leaders with self-serving and misguided...
  • Chicago Dems seek TARP funds to bring Illinois bank 'back to life'

    07/09/2010 2:20:11 AM PDT · by Enchante · 9 replies · 2+ views
    The Hill ^ | 07/08/10 | Silla Brush
    Chicago-area Democrats are urging the Treasury Department to help a troubled community bank with money from the $700 billion financial bailout fund. Four House members pushed the department in mid-June to provide federal money to ShoreBank, a prominent Illinois-based bank that serves low- and middle-income customers. High-profile Democrats, including President Bill Clinton, have praised the bank’s work....
  • Is Obama's BP Shakedown an Impeachable Offense?

    06/21/2010 3:28:59 AM PDT · by Scanian · 35 replies
    The American Thinker ^ | June 21, 2010 | Raymond Richman
    As former counsel and trainer in political tactics for ACORN, President Obama used a well-known ACORN tactic, the shakedown, in getting BP to create the $20 billion escrow (slush!) fund without any law, legal controls, or binding rules to guide it on how, to whom, and how much those injured materially by the oil spill will be paid. Attorney Kenneth Feinberg, well-respected and well-known for heading the September 11th Victim Compensation Fund, was appointed by the President to administer the escrow fund. BP will pay $5 billion into the fund for four years, starting in 2010. BP announced early after...
  • Shaking Down the Slush Fund (Saturbray)

    06/19/2010 7:13:55 AM PDT · by bray · 6 replies · 133+ views
    brayincandy.com ^ | 6/20/10 | bray
    Neither of them had the money to pay him back, so he canceled the debts of both. Now which of them will LOVE him more?” Luke 7:42 The BP shakedown is the perfect example of the brainwashing of America. We have been transformed over the past 70 yrs into believing in an all compassionate gummit over capitalism. We have been taught from baby to grave into believing our govt is the only interest powerful enough to stand up to evil industry so the slaves can get their fair share of the pie when nothing could be farther from the truth....
  • Second Republican Calls on Barton to Resign from Committee (BARF)

    06/18/2010 7:09:32 PM PDT · by Halfmanhalfamazing · 86 replies · 1,461+ views
    WSJ ^ | June 18th | Susan Davis
    Rep. Jo Bonner, an Alabama Republican, is calling on Rep. Joe Barton to step down as the ranking Republican on the House Energy and Commerce Committee. Bonner is the second Republican, following Florida Republican Rep. Jeff Miller, to call for Barton to step aside. In a lengthy statement, Bonner said his colleague’s Thursday comments regarding BP “sadly fell short of an appropriate response.”
  • Stupak: "Legitimate" For BP Escrow Account To Fund Health Care (Print Summary & Video)

    06/17/2010 5:27:32 PM PDT · by bushwon · 29 replies · 756+ views
    Real Clear Politics ^ | 06/17/10 | RCP Staff
    Rep. Bart Stupak (D-Mich.): I think we had to have someone say this is where you can go without limiting your criminal liability or civil liability.For instance, the question is brought up, pay for all of the health care for the people in the Gulf. No, ....
  • Biden calls GOP criticism of BP fund 'outrageous'

    06/17/2010 12:13:37 PM PDT · by RKBA Democrat · 53 replies · 920+ views
    Washington Post ^ | 6-17-10 | Not attributed
    Vice President Joe Biden says it's "outrageous," "astounding" and "incredibly out of touch" for a GOP congressman to criticize the White House for demanding a BP victims' compensation fund. Biden responded Thursday to comments made by Texas Republican Joe Barton at a House hearing earlier in the day. SNIP Biden said Barton's comments were "incredibly insensitive, incredibly out of touch."
  • Kim Jong-Un raises own slush fund, rivaling that of his father

    05/09/2010 9:11:47 PM PDT · by ErnstStavroBlofeld · 7 replies · 411+ views
    East-Asia-Intel.com ^ | 5/5/2010 | East-Asia-Intel.com
    North Korean ruler Kim Jong-Il's youngest son and heir apparent, Kim Jong-Un, has been raising his own slush fund to buy luxury items and provide material goods to the ruling elite. The impoverished nation has set up a company devoted to earning foreign currency for Jong-Un, according to the Chosun Ilbo, citing a source "familiar" with North Korean affairs. "Under the direct control of Kim Jong-Un, the company is secretly amassing a slush fund," it said. The report also said the Organization-Guidance Department and the Propaganda-Agitation Department, both parts of the ruling Workers' Party, have ordered party members to contribute...
  • 25% Of Fed Highway Money Not Used For Highways

    03/06/2010 8:47:30 AM PST · by Tribune7 · 23 replies · 875+ views
    As we ponder how to fight global warming (ho ho ho), become less dependent on foreign oil and get our economy back in gear consider that highway congestion costs us about $76 billion annually in wasted time and fuel, and the remember that our interstates are a bit behind in maintenance, according to Robert W. Poole, Jr., an M.I.T-trained engineer who directs transportation studies at Reason Foundation. Washington taxes us 18.3 cents per gallon and there are those who would lead you to conclude that that is not enough since the maintenance shortfall is between $60 and $90 billion per...
  • Auditors find misuse of stimulus money in Calif.

    03/02/2010 5:10:07 PM PST · by BookmanTheJanitor · 18 replies · 603+ views
    Sign on San Diego News ^ | March 2, 2010 | GARANCE BURKE
    FRESNO, Calif. — Officials in the heart of recession-battered central California misspent about $1 million in federal stimulus funds that were supposed to help adults and teenagers find jobs, state auditors said Tuesday. California's Inspector General Laura Chick said the Tulare County Workforce Investment Board used nearly $1 million in Recovery Act funds to pay for their own rent and utility bills, when the bulk of the money should have gone to finding youth summer jobs.
  • Stimulus slow to show gains (6.9 Jobs for $23,000,000)

    02/21/2010 7:44:42 PM PST · by Rebelbase · 15 replies · 397+ views
    News-Record.com ^ | 2/21/10 | Amanda Lehmert
    GREENSBORO — Gene Brown extended a job offer on Thursday to someone he hopes will be a member of Housing Greensboro’s tiny full-time staff. This person would oversee the nonprofit’s newest program — making minor repairs to the homes of the elderly or infirm. It was a job Brown might not have been able to create if not for federal stimulus funding and other donations. It’s a small — but concrete — example of a new job created with the help of the $700 billion-plus federal American Recovery and Reinvestment Act, signed by President Barack Obama a year ago last...
  • Morning Bell: The President’s Permanent Political Slush Fund

    02/16/2010 4:05:13 AM PST · by Halfmanhalfamazing · 6 replies · 466+ views
    Heritage Foundation ^ | February 3rd
    After suffering major electoral and legislative defeats last month, President Barack Obama took to the campaign trail in Nashua, New Hampshire, pitching his administration’s latest new plan to lower our nation’s double digit unemployment rate. This time, the President hopes to do for small businesses what Fannie Mae and Freddie Mac did for home mortgages. Specifically, he wants to create a new $30 billion “Small Business Lending Fund” which will loan money to banks with assets under $10 billion at favorable new rates, as long as they comply with a slew of new regulations designed to incentivize them to loan...