MUST READ: ARTICLES: Executive Run-around, Economic Woes

“If President Obama wants to fix the federal deficit and create jobs, perhaps he should dust off George Bush’s 2007 budget and spend a lot less, get serious about better using and developing more conventional fossil fuels, and finally fixing trade with China.”

$700 billion of our tax dollars
through TARP to Fannie Mae & Freddie Mac and to keep homes out of foreclosure WITHOUT Congressional approval or oversight. Fannie Mae & Freddie Mac, once more in financial trouble, are handing out dollars to keep INDIVIDUAL’s mortgages paid.

1) money spent but not authorized by Congress
2) buying likely voters in Nov with Taxpayer money
3) shoring and covering up the economy so voters don’t know how bad it really is before the election.
Thought I had posted it, but must have forgotten in rush to leave for SC.
Is it just me, or is that a spectacular encroachment? I don’t hear anyone else railing about it…
FROM REUTERS (7/21/10): 700 Billion More TARP money spent WITHOUT CONGRESS’ APPROVAL! How much more true will this be for the larger ObamaCare and Finance legislation passed after TARP.
FROM ABC News (7/21/10): On Tracking Gold

Posted on August 8, 2010, in Balance of Power, Budget, Deficit, Limited Government and tagged , , , , , . Bookmark the permalink. Leave a comment.

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