Tell Obama to get rid of the 'bail-outs'Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 
The "Bail-Out" Travesty:

Tell Obama to get rid of the 'bail-outs'
 


23 December 2008 at 5:27:05 AM
pstern

The "bail-out" packages are a travesty to American taxpayers.
.
Contact the Obama/Biden administration and let them know you want the bail-outs retracted.
 
 
 
 
One of the first things the Obama administration must do is to retract the $700 BILLION bail-outs.  They were provided by the legislature and taxpayers "in good faith" but Sec. Treas. Paulsen ensured that there was no accountability for himself and those receiving the bail-outs.  Consequently, there is no open measure to track that money.  Would you give me --- a lowly taxpayer --- $2 BILLION and not ask how the money is being used or expect some sort of open trail?  Retract the bail-outs ASAP and become more accountable to the voters / taxpayers you serve.

.

It's time to get rid of "free lunch" for the financial/business sectors and to demand the open accountability of our elected officials.
 
P
 
 
Read the following AP article on the lack of a money trail:
 
 
Where'd the bailout money go? It's a secret
Banks won't say, and there's no way for taxpayers to find that out.
By Matt Apuzzo
 
ASSOCIATED PRESS
 

Tuesday, December 23, 2008
 
WASHINGTON — After receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending it. Some won't even talk about it.
 
"We're choosing not to disclose that," said Kevin Heine, spokesman for Bank of New York Mellon, which received about $3 billion.
 
Thomas Kelly, a spokesman for JPMorgan Chase, which received $25 billion in emergency bailout money, said that some of the money was lent, but some was not, and the bank has not given any accounting of exactly how the money is being used.
 
"We have not disclosed that to the public. We're declining to," Kelly said.
 
The Associated Press contacted 21 banks that received at least $1 billion in government money and asked four questions: How much has been spent? What was it spent on? How much is being held in savings, and what's the plan for the rest?
 
None of the banks provided specific answers.

Read the entire article here.

--


Permalink
     Views: 780 
Latest Blog Post by pstern -Who funds ISIS?

 You! Leave a Comment! You Know you Want To!
You must be a registered member to comment on the blog.
Your first post is held pending approval to make sure you're not a spammer bot

 Not registered? Or you can login!

LOGON - Name:Password:

New poster comments are moderated, meaning they won't show up until approved... or not.  Be patient-we have lives outside this blog, so it might take awhile You want to be rude? totally stupid? inappropriate? Racist? Bigoted? Flame war baiter? Your post may be deleted. Spammers or people posting pretend interest comments but really wanting to hawk their latest book or sell stuff or govt propaganda flacks won't see their posts published. Comments do not necessarily reflect the viewpoint of the site owner(salon).
If you have a problem with logging in or registering, please speak up right away. Love your comments. Oh, except spammers
More on commenting



Click Here for Main Page



Guest
Today Is  
Sunday, November 17, 2019






Latest Posts

Last Show Tonight on SLAPP Suits
salon 11/11/2019

Louis Vuitton Artistic Director Calls Trump a Total Joke (Keene, Texas)
salon 10/22/2019

Here's Creep Trump Giving the Finger to Female Astronauts
salon 10/22/2019

Impeaching Trump- Is it acceptable for a president to pressure a foreign.....
salon 10/22/2019

Why are Paul Manafort's defense attorneys helping Lev Parnas and Igor Fruman today?
salon 10/10/2019

Money Laundering 101- Trump seeks to get rid of regulations on offshore money
salon 10/10/2019


More Blog Headlines
 



Comments

salon > Quick update on this, via Pacer-Click on pic to see larger (Turk Case Update- Telephone Conference Hearing Set for March 8 2019 )

salon > Lance Been awhile. Send me an email at salon@glenrose.net with the names of who you're talking about, above. Also, the newspaper editor is no longer local, ie officed here, but the paper is run.... (What Happened to Jerry Jacene? )

LanceHall > I'd love to see the Hotel Guest books and see if Jacene's name shows up long before he officially *found* the tracks.  I'd like to know if the Visitor's Bureau has emails wit.... (What Happened to Jerry Jacene? )

LanceHall > I see the land or that part of it is now in the hands of Glen Rose's own Corky Underwood. Is Jacene still involved?   I had already informed the Visitor Bureau manager (who's.... (What Happened to Jerry Jacene? )








Home | Blog Home | About | News | Piazza | Calendar | Audio/Video/Open Rec | Search
Write!  |profile | quotes |
top Daily | top Weekly |top Month | top Year | Top All! | archives | subscribe RSS

 

%>