Archive - Aug 13, 2011 - Blog entry
ViSUaL CoMBaT DaiLY (August 13, 2011)
Submitted by williambanzai7 on 08/13/2011 19:31 -0500For your entertainment on a slow August weekend...
Wall Street Bailout: Too Big To Collect?
Submitted by EconMatters on 08/13/2011 13:09 -0500Two years after the bailout, the Treasury Dept. already declared milestone reached in June, 2010 when "Repayments to Taxpayers Surpass Tarp Funds Outstanding." But a recent analysis done by the Center for Media and Decmocracy (CMD), pointing to an actual total still outstanding at $1.5 trillion.
Sol Sanders | Follow the money No. 79 -- What Obama Could Do
Submitted by rcwhalen on 08/13/2011 08:22 -0500The dust has far from settled on the Washington stalemate over setting a new debt limit. As Thomas Sowell pointed out, so logically, were an increase in the debt ceiling only “routine”, held up by pesky Congressional Tea Partiers, as the spenders charged, then what would be the purpose of having a ceiling at all? But while an indecorous debate encapsulated the larger ideological divide, America rapidly moves on, remorselessly, to threatening politico-economic issues cascading in from Europe and Asia as well as at home.
