Taxpayers face heavy losses

[DOGS THAT BARK]

Taxpayers face heavy losses on auto bailout



<SCRIPT type=text/javascript> if(!YAHOO){var YAHOO = {};} YAHOO.BuzzWidgetTries = 0; (function(){ if(YAHOO && YAHOO.util && YAHOO.util.Event && YAHOO.Media && YAHOO.Media.Buzz){ (function(){ var buzz = new YAHOO.Media.Buzz("buzz-top",{"sync":"buzz-bottom","countPosition":"after","fetchCount":false,"loc_strings":{"buzz_up":"Buzz up!","buzzed":"Buzzed!","one_vote":"{0} vote","n_votes":"{0} votes"}});buzz.onSuccess.subscribe(function(){ if(YAHOO.Updates){ YAHOO.Updates.Disclosure.showDialog({"container":"yup-container","source":"buzz","type":"buzzUp","lang":"en-US"}); } }); })();(function(){ var buzz = new YAHOO.Media.Buzz("buzz-bottom",{"sync":"buzz-top","countPosition":"after","fetchCount":true,"loc_strings":{"buzz_up":"Buzz up!","buzzed":"Buzzed!","one_vote":"{0} vote","n_votes":"{0} votes"}});buzz.onSuccess.subscribe(function(){ if(YAHOO.Updates){ YAHOO.Updates.Disclosure.showDialog({"container":"yup-container","source":"buzz","type":"buzzUp","lang":"en-US"}); } }); })(); } else if(YAHOO.BuzzWidgetTries < 10000) { YAHOO.BuzzWidgetTries += 500; setTimeout(arguments.callee, 500); } })(); </SCRIPT><CITE class=vcard>By CHRISTOPHER S. RUGABER, AP Economics Writer Christopher S. Rugaber, Ap Economics Writer </CITE>? <ABBR class=timedate title=2009-09-09T03:41:18-0700>Wed Sep 9, 6:41 am ET</ABBR>
<!-- end .byline -->WASHINGTON ? Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a report to be released Wednesday.
The Congressional Oversight Panel did not provide an estimate of the projected loss in its latest monthly report on the $700 billion Troubled Asset Relief Program. But it said most of the $23 billion initially provided to General Motors Corp. and Chrysler LLC late last year is unlikely to be repaid.
http://news.yahoo.com/s/ap/20090909/ap_on_bi_ge/us_tarp_oversight_panel

++++++++++++++++++++++++++


Part of redistribution of wealth--force us to contribute/bail out their unions.

Gumbys white house union clan--

Cabinet appointees
Kathleen Sebelius
Hilda Solis

Former SEIU chief lobbyist and Soros-funded operative Patrick Gaspard is White House Director of Political Affairs

SEIU Secretary-Treasurer Anna Burger serves on the President?s Economic Recovery Advisory Board

At the New York Federal Reserve, the AFL-CIO?s New York chief Dennis Hughes is now chairman, replacing Obama Treasury Secretary Tim Geithner

AFL-CIO official Naomi Walker received a midnight lobbyist waiver so she can communicate with her union buddies in her new role as Assistant Deputy Secretary of Labor

And to cap off Labor Day weekend, Obama named union heavy Ron Bloom ? who cut his teeth at the foot of John Sweeney when he headed up the SEIU ? the new ?manufacturing czar.?

List to be continued--

--compliments of MICHELLE MALKIN

 

[Keeko]

Taxpayers face heavy losses on auto bailout



<SCRIPT type=text/javascript> if(!YAHOO){var YAHOO = {};} YAHOO.BuzzWidgetTries = 0; (function(){ if(YAHOO && YAHOO.util && YAHOO.util.Event && YAHOO.Media && YAHOO.Media.Buzz){ (function(){ var buzz = new YAHOO.Media.Buzz("buzz-top",{"sync":"buzz-bottom","countPosition":"after","fetchCount":false,"loc_strings":{"buzz_up":"Buzz up!","buzzed":"Buzzed!","one_vote":"{0} vote","n_votes":"{0} votes"}});buzz.onSuccess.subscribe(function(){ if(YAHOO.Updates){ YAHOO.Updates.Disclosure.showDialog({"container":"yup-container","source":"buzz","type":"buzzUp","lang":"en-US"}); } }); })();(function(){ var buzz = new YAHOO.Media.Buzz("buzz-bottom",{"sync":"buzz-top","countPosition":"after","fetchCount":true,"loc_strings":{"buzz_up":"Buzz up!","buzzed":"Buzzed!","one_vote":"{0} vote","n_votes":"{0} votes"}});buzz.onSuccess.subscribe(function(){ if(YAHOO.Updates){ YAHOO.Updates.Disclosure.showDialog({"container":"yup-container","source":"buzz","type":"buzzUp","lang":"en-US"}); } }); })(); } else if(YAHOO.BuzzWidgetTries < 10000) { YAHOO.BuzzWidgetTries += 500; setTimeout(arguments.callee, 500); } })(); </SCRIPT><CITE class=vcard>By CHRISTOPHER S. RUGABER, AP Economics Writer Christopher S. Rugaber, Ap Economics Writer </CITE>? <ABBR class=timedate title=2009-09-09T03:41:18-0700>Wed Sep 9, 6:41 am ET</ABBR>
<!-- end .byline -->WASHINGTON ? Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a report to be released Wednesday.
The Congressional Oversight Panel did not provide an estimate of the projected loss in its latest monthly report on the $700 billion Troubled Asset Relief Program. But it said most of the $23 billion initially provided to General Motors Corp. and Chrysler LLC late last year is unlikely to be repaid.
http://news.yahoo.com/s/ap/20090909/ap_on_bi_ge/us_tarp_oversight_panel

++++++++++++++++++++++++++


Part of redistribution of wealth--force us to contribute/bail out their unions.

Gumbys white house union clan--

Cabinet appointees
Kathleen Sebelius
Hilda Solis

Former SEIU chief lobbyist and Soros-funded operative Patrick Gaspard is White House Director of Political Affairs

SEIU Secretary-Treasurer Anna Burger serves on the President?s Economic Recovery Advisory Board

At the New York Federal Reserve, the AFL-CIO?s New York chief Dennis Hughes is now chairman, replacing Obama Treasury Secretary Tim Geithner

AFL-CIO official Naomi Walker received a midnight lobbyist waiver so she can communicate with her union buddies in her new role as Assistant Deputy Secretary of Labor

And to cap off Labor Day weekend, Obama named union heavy Ron Bloom ? who cut his teeth at the foot of John Sweeney when he headed up the SEIU ? the new ?manufacturing czar.?

List to be continued--

--compliments of MICHELLE MALKIN

Didn't Bush bail these companies out first? Bush and Obama are both the same. If you agreed with Bush, you should agree with Obama. If you disagreed with Bush, you should disagree with Obama. I disagree with them both. But people will continue to argue with one another like there is a difference between the 2. It was Bush who said "I?ve abandoned free market principles to save the free market system". He sure the hell doesn't sound like a conservative to me. :0corn :0corn

 

[DOGS THAT BARK]

http://consumerist.com/5114362/bush-approves-auto-industry-bailout

Mr. Bush made his announcement a week after Senate Republicans blocked an automaker bailout that had been negotiated by the White House and Congressional Democrats. The loan package announced by the president includes requirements that are roughly identical to those in that bill, which was approved by the House.​

Mr. Bush, in a televised speech before the opening of the markets, said that under other circumstances he would have let the companies fail, a consequence of their bad business decisions. But given the recession, he said the government had no choice but to step in.​

?These are not ordinary circumstances,? Mr. Bush said. ?In the midst of a financial crisis and a recession, allowing the U.S. auto industry to collapse is not a responsible course of action.?​

 

[Keeko]

http://consumerist.com/5114362/bush-approves-auto-industry-bailout

Mr. Bush made his announcement a week after Senate Republicans blocked an automaker bailout that had been negotiated by the White House and Congressional Democrats. The loan package announced by the president includes requirements that are roughly identical to those in that bill, which was approved by the House.​

Mr. Bush, in a televised speech before the opening of the markets, said that under other circumstances he would have let the companies fail, a consequence of their bad business decisions. But given the recession, he said the government had no choice but to step in.​

?These are not ordinary circumstances,? Mr. Bush said. ?In the midst of a financial crisis and a recession, allowing the U.S. auto industry to collapse is not a responsible course of action.?​

Like I said, Bush and Obama are the same. Bust got it started and Obama is picking up where he left off. You are just like Trench and Trampled and the rest of the libs. Argue one side against the other when in reality they are both the same.

 

[RAYMOND]

Like I said, Bush and Obama are the same. Bust got it started and Obama is picking up where he left off. You are just like Trench and Trampled and the rest of the libs. Argue one side against the other when in reality they are both the same.

you are right

 

[Keeko]

you are right

Thanks Ray.

 

[THE KOD]

Calif. GOP lawmaker caught bragging about affairs
Sep 9 03:27 PM US/Eastern
By JULIET WILLIAMS
Associated Press Writer

CA Assemblyman Caught on Hot Mic Offering Lewd Details of Affair with Lobbyist

SACRAMENTO, Calif. (AP) - A Republican state lawmaker from Southern California was ousted Wednesday from two legislative committees after he was caught on tape bragging about having sex with female lobbyists.
Assemblyman Mike Duvall of Yorba Linda made the comments to another man during a break in a committee meeting at the Capitol over the summer, and they were caught on a microphone at his desk.


In a recording of the hearing broadcast by KCAL-TV in Los Angeles, the 54-year-old lawmaker talks about a recent sexual escapade with a woman he says is 18 years younger than him.

"I like spanking her," he is heard to say on the videotape. "She goes, 'I know you like spanking me.' I said, 'Yeah, that's cause you're such a bad girl.'"

He then brags about an affair he is having with another lobbyist.

Duvall apologized Wednesday for the comments on his campaign Web site.

"I made a mistake and I sincerely apologize," he said in the brief statement. "I deeply regret the comments I made in what I believed to be a private conversation. This is a private matter and I ask that everyone respect the privacy of all involved."

Duvall's spokeswoman, Carolyn Ginno, did not immediately respond to a call from The Associated Press.

Duvall, a father of two, received a 100 percent rating from Capitol Resource Institute, a conservative advocacy group, for his votes on legislation considered pro-family during the 2007-08 legislative session.

Assembly Speaker Karen Bass, D-Los Angeles, asked the Assembly Ethics Committee to investigate. She also removed Duvall from the Assembly Utilities and Commerce Committee, which considers utility regulations, and the Assembly Rules Committee.

"I am saddened and disappointed in the recent comments made by Assemblymember Mike Duvall," Bass said in a statement. "There is no question his comments were inappropriate."

Assembly Minority Leader Sam Blakeslee, R-San Luis Obispo, said he also asked Duvall to step down as a member of the Republican caucus leadership.

"The statements he made were inappropriate and unacceptable," Blakeslee said.

Duvall was elected in 2006 to represent an Orange County district that includes Fullerton, Anaheim, Placentia, Orange, Brea and Yorba Linda. Before that, he served six years on the Yorba Linda City Council.

He also owns an insurance agency.

The lawmaker was vice chairman of the utilities committee, which had been considering one of the more hotly contested bills in the current legislative session. The bill, which is still be debated, would require utilities to generate 33 percent of their power from renewable sources by 2020.

.............................................................

so proud so proud

this is how money and decisions that are supposed to be made in the best interest of the public become used up for some whore dog lobbyists
reoresenting the drug companies and big insurance.

 

[DOGS THAT BARK]

Like I said, Bush and Obama are the same. Bust got it started and Obama is picking up where he left off. You are just like Trench and Trampled and the rest of the libs. Argue one side against the other when in reality they are both the same.

From personal perspective of veteren-business owner-taxpaying conservative--I would beg to differ that both sides are the same.

Can't say I ever saw a vet in a pink tu tu

 

[StevieD]

From personal perspective of veteren-business owner-taxpaying conservative--I would beg to differ that both sides are the same.

Can't say I ever saw a vet in a pink tu tu

I don't even know what that means. DTB are you praising Bush for bailing out the auto industry and hanging Obama for doing the same? As for the pink tu tu they wouldn't need the don't ask don't tell law if all vets were not of the pink tu tu architercture.