I have been following Propublica.org since the first “stimulus” bill earlier this year. When it comes to tracking how our government is spending/wasting money, they are doing a yeoman’s job. Below are quick bites from recent posts on that site. Bookmark ‘em. “With the $700 billion TARP to focus on, it can be easy to […] ↓ Read the rest of this entry…
The following excerpts are from propublica.org~ The near collapse of the financial system and the massive government bailout [1] were just bumps in the road for Wall Street, it turns out, and notwithstanding public ire, the big banks are on pace this year to pay their employees at pre-crisis levels, The Washington Post reports [2]. […] ↓ Read the rest of this entry…
…and you get to play any member of the Evans family. In an apparent massive land grab move described as “help” from the government, Obama is “mulling” over a plan that could make homeowners who are behind in mortgage payments, renters. NEW YORK, July 14 (Reuters) – U.S. government officials are weighing a plan that […] ↓ Read the rest of this entry…
From abcnews.com “Hours before his first trip to sub-Saharan Africa as president, President Obama delivered some tough love to African leaders, urging them to get their houses in order so they can better provide for their citizens. In a meeting this morning with the leaders of Egypt, Algeria, Senegal, Nigeria, Libya and Ethiopia, Obama spoke […] ↓ Read the rest of this entry…
USA Today reported on the recent release of the GAO (Government Accountability Office) and its findings on the effectiveness of the stimulus bill that was signed back in February of this year. “The report says that as of mid-June, states had received about $29 billion of the estimated $49 billion in stimulus funding they are […] ↓ Read the rest of this entry…
From the Real Clear Politics article “Get Ready for 14 Percent Unemployment”. Like the Bush administration before it, the Obama team is pinning its hope for economic recovery on “stimulus”. Despite the fact that Bush’s $168 billion stimulus package in early 2008 had no impact at all, Obama rammed a $787 billion stimulus bill through […] ↓ Read the rest of this entry…
The stimulus spend-a-thon was nothing more than one big PR stunt to convince folks that the government can single-handedly create jobs where their was no market demand. Foolishly, too many people stood in line for this kool-aide to top all other kool-aides only to find out it was nothing more than flavorless, colored sink water. […] ↓ Read the rest of this entry…
Because soon and very soon, we will be drowning in taxes. The second graphic brings it home for those who need to see how this will affect them directly. Graphics from heritage.org. H/T: Keith For those of you who still are dismissing all of this, I present to you a picture of the proverbial single […] ↓ Read the rest of this entry…
We as parents will oftentimes warn our children of potholes in life’s road in hopes that they will avoid them. When they willingly choose to ignore us and do their own thing, all we can do is simply watch as they run right smack into one of those avoidable holes. EVERYTHING Obama is doing right […] ↓ Read the rest of this entry…
WASHINGTON (AP) — A leading health care bill under consideration in Congress would cost the government an estimated $1 trillion over the next decade and reduce the ranks of the uninsured by about one-third, or 16 million individuals, congressional budget officials said Monday in a preliminary estimate. (more…) Yup! Just 1/3 of uninsured Americans…IN 10 […] ↓ Read the rest of this entry…
There is a lot more behind this push to nationalize health care then what we are hearing. This first excerpt comes from The Times newspaper from South Africa. “Fears that private healthcare will die, writes Pat Sidley. A potentially catastrophic plan to rush a national health insurance (NHI) system through parliament and into life next […] ↓ Read the rest of this entry…
Some of you may wonder why I spend so much time talking about money in politics on this site. I do it because I find that it is the best way to understand the true motives of politicians. While many of us will spend hours and hours debating ideological issues, alliances are being made in […] ↓ Read the rest of this entry…
‘Memba that during the elections? Washington, DC (BlackNews.com) – African Americans in Washington, DC, are twice as optimistic as the general U.S. population that their financial situation will improve over the next year. However, most say they don’t have a financial game plan and many don’t know where to start, according to a new survey […] ↓ Read the rest of this entry…
©2004-2012 The Black Informant | African American Commentary, News and Community Building | Powered by WordPress with Easel | Subscribe: RSS | Back to Top ↑