Bailout Politics: Is the Constitution Now Null and Void?
Article I, Section 9, Clause 7, U.S. ConstitutionNo money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall ... of billions of dollars allocated to the Troubled Asset Relief Program, or TARP, reports that it can't [more...]
Date: 2009-01-10 06:02:00
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Shame on Barney Frank - Democrats No Help To Foreclosure Victims Either
I have written here on BiggerPockets extensively on the complete lopsidedness of the banking bailout and how the preference was given early on to ... the Trouble Asset Relief Program (TARP), funded it with $750 Billion of which about $350 Billion still ... counterparts. The first allocation of the assistance or about $300 Billion, focused clearly on the [more...]
Date: 2009-01-10 16:00:59
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