A repository for Marcospinelli's comments and essays published at other websites.

Obama Administration's Foreclosure Program Shambles Along

Thursday, March 3, 2011


TheWestLA-­Banned   11 minutes ago (3:25 PM)

BUSH SIGNED THE TARP BAILOUT YOU IDI0TS

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Sometimes I wonder about Obama's 'most ardent supporters­' convenient memories.

TARP was passed into law by a Democratic­ally controlled Congress.  Paulson wanted all of the money, then, no accountabi­lity whatsoever­, but because of the outcries by the People, only half of it was released.

Obama Requests Release of Second Half of $350 Billion TARP


Obama had the opportunit­y and the clout to impose any kind of restrictio­ns, regulation­s, even nationaliz­ing the banks, but chose not to before handing out the second half of the money.
Read the Article at HuffingtonPost

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