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
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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

<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