Aftermath of the Tarp: READ.A plan to divest the financial institutions of their toxic assets; became an unregulated, and now unrecoverable loss for tax-payers.
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(1) Flow of bailout infusion
(2) Red & Blue State Governors
Governors adjust fiscal policy & budgets:
(Examine details)
State by state Policy Index: [PDF]
Editorial: Uncovering the bull under the bailout.
"President Obama announced a new TARP-like program for small businesses and community banks. The madness in Washington won't stop until the people completely clean house at both ends of Pennsylvania Avenue." READ.
Burdened by Lawyers, Unions, Bankers, & Organizers...
While FED policy meddles in a "one size fits all" which overrides collective bargaining contracts (individual from state to state.) We are seeing Red State (R) Governors fight Blue State (D) policy, often without ability to reduce massive junk and Social policy...
California (D) Treasurer Lockyer...
Calls out the Democrat Legislature!
Ed Morrissey:
"However, even if Bill Lockyer can’t see any way out, I see one: stop electing Democrats to the Legislature. If the state GOP doesn’t have this clip in ads by the end of next week, maybe California needs better GOP leadership, too."
* Democrats locked-in with UNIONS, and can't save the State
* Dems sue Conservatives when they trim Social programs...
Compare with:
Interactive un-employment map (Sept) at: NPR
From aceHQ:
"Those bright enough to recognize the connection between "progressive" governance and Democratic anti-prosperity policies have already fled the state or been driven out by the lack of opportunity."
I suggest term limits, campaign limits... And end FEDERAL Government CAPS on prosperity... Especially during negative surplus!
[History: 2004- Jan 1, 09] Interactive unemployment map during Bush's terms, unemployment was pretty steady, except for the 3rd Qtr, 2005 (Katrina). Today: US Government has grown 35% bigger in the last 10 months (Jan to Sept 2009)
