The top of the Obama bailout list still looks like "who's who' of the (sub-prime) economy destruction; amidst more "Chicago-style loan pressure."
[Enlarge] Image: HERE (wsj)
Arizona Gov. Jan Brewer has received letters from Obama cabinet secretaries reminding her how much money her state stands to lose if stimulus spending is halted as Sen. Jon Kyl (R-AZ) called for on Sunday saying it hasn't done what the administration promised it would. read.
Reminds me of Freddie and Fannie; despite minority GOP's 17 formal attempts to reign them in; while Democrat sponsored ACORN, pressured banks... And now, today's BIG PUSH for dependency (not stimulus.)
So that handouts can "kick-in" by (vote-time) 2010!
Worth another glance...
Also remembering (July 14, 2008) as Barney frank (in his own words) insists that "Freddie & Fannie" was not insolvent...VIDEO.
Dems always blame the other guy for not stopping them, as affirmative action banking backed by false voter registration in 75 different parts of the country; bought up all the lobbyists to keep the GOP out... Pretty hard to blame Bush, as Obama bailout recipients are direct organizations which Led to melt-down!
Back to today's pressure...
White House tells Arizona:
"However, if you prefer to forfeit the money we are making available to your state." more.
From ABC News' Jake Tapper
"In a coordinated response to comments made by an Arizona Republican senator calling for a the stimulus bill to be halted, the Obama administration this week coordinated a series of letters to the governor of Arizona, with the implicit message: put up or shut up...Arizona Republicans responded that the White House was bullying their state."
The GOP believes that the constitution is a valid document that actually limits the scope of federal government... Six months and 2 trillion dollars ago, Minority GOP discovers that "fraud-ridden" ACORN has been re-named; and still 'top-dogs' for the Obama Team...
But if the Majority Blue Dog Democrats don't put a stop to this unsustainable spending... One can run their dog against them in (2010)!