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~ “I hope we once again have reminded people that man is not free unless government is limited. There’s a clear cause and effect here that is as neat and predictable as a law of physics: as government expands, liberty contracts.” Ronald Reagan.

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Tag Archives: TARP

Congressman Allen West – Weekly Wrap Up

05 Tuesday Apr 2011

Posted by bydesign001 in Uncategorized

≈ 4 Comments

Tags

HAMP, Home Affordable Modification Program, Inspector General, TARP, Treasury Department, USA


Last night, I received Congressman West’s weekly wrap up and thought it worth sharing.

Dear Patriot,

Greetings to our Constituents, fellow Floridians, and all Americans.

Today( Monday): My first sponsored legislation submission, H.R. 1246, – to cut the Defense Printing Budget by 10 percent- came up for vote under Suspension of the Rule. I was on CSPAN approximately 1:30 pm.  And it passed unanimously!

Please watch my statement on the Floor of the House. 

Now on to the business of the past week:

Last Tuesday, the House approved H.R. 839 by a vote of 252-170. The bill would end the Home Affordable Modification Program and prevent $29.9B of TARP funding obligated to the Treasury Department from being spent on a program that has been singled out by the Special Inspector General for TARP, as well as the Congressional Oversight Panel, for a slow uptake.
The Treasury Department’s failure to set and monitor metrics for the program’s success has also been criticized. The program has fallen well short of the administration’s goal of helping 3-4 million struggling homeowners. 522,000 permanent modifications were in place to date under HAMP, costing taxpayers $840M.

Continue

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Putting the Power Back in Your Hands

19 Tuesday Oct 2010

Posted by bydesign001 in Uncategorized

≈ 1 Comment

Tags

Dictatorship, Dirty bureaucrats, Dirty Politicians, ELECTION 2010, Fascism, First Amendment Violations, Government corruption, Government coverups, Government spending, Government War on Individual Constitutional Rights, Government Waste, Govt Intervention, Govt Intervention Religion, Govt Regulation, Govt War on Constitution, Govt's War on America, Healthcare Reform, Higher taxes, Illegal Immigration, Immigration, Islamic Fundamentalism, Islamization of America, Liberals, obama, Obama Administration, Obama doctrine, Obama lies, Obama's legacy, Obamacare, Plantation Politics, Progressivism, Propaganda, Re-distribution of Wealth, RECESSION, Scandal, socialism, socialized medicine, Soros, TARP, Tax Hikes, Tax Increases


REASONS TO VOTE:

MOST IMPORTANT OF ALL: Lest We Forget: Liberal Progressive ‘Science’ Was At The Core Of The Holocaust

Gallup — Unemployment at 10% — predicts jobless rate to jump higher

Boeing To Shift Some Health Costs To Workers

Prolife group protests muzzling of free speech in Ohio

Don’t believe the hype: Obama’s not Robin Hood

Taliban’s Influence Expands Into Northern Afghanistan

It’s Official: Obama Has Now Borrowed $3 Trillion…

The Senior Wave: Older Voters Set for Historic Turnout

Obama mission: Billions to Pakistan, billions from India

Immigration Courts Tossing Out Record-High Number of Cases

Vodpod videos no longer available.

Putting the Power Back in Your Hands, posted with vodpod

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At Town Hall, Congressman Denounces GM Bailout That He Voted For

07 Tuesday Sep 2010

Posted by bydesign001 in Uncategorized

≈ Comments Off on At Town Hall, Congressman Denounces GM Bailout That He Voted For

Tags

ELECTION 2010, GM, Peter DeFazio, Progressivism, TARP, Treason, Tyranny


If you dance to the music, you must pay to the piper.  Now Democrats like DeFazio are trying to lie their way into being re-elected while apologizing for their votes.

I say kick the bastards out. After all, their liberal elitist arrogance and condescension got them into this mess.  They had a choice.  They could have listened and responded in favor of the American people but they chose to do otherwise.  Now the time has come to pay for their indiscretions and betrayal of the American people. You can count on that.

H/t Breitbart tv.

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HAMP Funded by TARP riddled with PROBLEMS

14 Wednesday Apr 2010

Posted by bydesign001 in Uncategorized

≈ Comments Off on HAMP Funded by TARP riddled with PROBLEMS

Tags

Entitlements, HAMP, Housing Crisis, Housing Foreclosures, obama, Obama Administration, TARP


OBAMAFAIL!!!!

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

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Federal Reserve Demanded SEC Invoke National Security Laws to Keep AIG Bailout Details from the Public

25 Monday Jan 2010

Posted by bydesign001 in Uncategorized

≈ Comments Off on Federal Reserve Demanded SEC Invoke National Security Laws to Keep AIG Bailout Details from the Public

Tags

Dirty bureaucrats, Dirty Politicians, Disclosure, Federal Reserve, fraud, Government corruption, Government coverups, National Security, obama, Obama Administration, Obama Appointees, SEC, TARP, Transparency, USA, Wall Street


Pretty darned ugly business when government agencies proclaim at the drop of a hat “national security” to keep Americans in the dark about their nefarious activities and then on Christmas Day drop the ball with the eunuch bomber.

NEWSER

“The Fed demanded an assurance of ‘special security procedures’ by the SEC concerning an AIG document related to the bailout, according to emails uncovered byReuters. The SEC kept the document locked in a safe while considering the request, and vowed to store it with ‘national security related files’ if the request was granted. The document ultimately was not classified as a national security document.”

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Watchdog Report: U.S. Treasury Running Gov’s Rescue of Financial System like Disgraced Investor Bernard Madoff

21 Tuesday Jul 2009

Posted by bydesign001 in Uncategorized

≈ Comments Off on Watchdog Report: U.S. Treasury Running Gov’s Rescue of Financial System like Disgraced Investor Bernard Madoff

Tags

obama, Obama Administration, Obama Appointees, TARP, Timothy Geithner, Treasury Department, Troubled Asset Relief Program


You’ll get no argument from me.  The Obama administration is running the country like a bunch of street thugs and bullies.  The administration promised transparency and has instead delivered just the opposite.  The Do as I Say and Not as I Do administration has employed on all fronts the gangster mentality and is guilty of intimidation and harassment of major corporate institutions as well as a mass deficit that will take decades to recover from.    

As Timothy Geithner continues to ignore the hard questions and is skimpy on the facts and transparency, the Gangster Administration has both hands in the pot and are bleeding the coffers dry.

Of DOW JONES NEWSWIRES

“WASHINGTON (Dow Jones)–The U.S. Treasury Department is running the government’s rescue of the financial system like disgraced investor Bernard Madoff, lawmakers and a watchdog suggested Tuesday, with little transparency and not enough limits to prevent conflicts of interest.

‘The taxpayers now have a $700 billion spending program that’s being run under the philosophy of ‘Don’t Ask, Don’t Tell,’‘ Rep. Edolphus Towns, D-N.Y. said.

Rep. Darrell Issa, R-Calif., said the Treasury is ‘actively obstructing’ the ability of lawmakers and taxpayers to understand the value of the various investments that have been made as part of the Troubled Asset Relief Program. Such a refusal to provide regular, detailed information hearkens to the reassurances Madoff provided investors in his Ponzi scheme, Issa said.

‘Both Bernie Madoff and Treasury are saying just trust me without showing us the books,’ Issa said.

The comments came as TARP Special Inspector General Neil Barofsky appeared before the House Committee on Oversight and Government Reform on Tuesday. Barofsky, who is one of the key independent watchdogs over the $700 billion TARP program, said the Treasury has not been forthcoming with information to his office and has not taken steps to prevent certain large financial firms selected by the department from profiting on inside information.

‘TARP has become a program in which taxpayers are not being told what most of the TARP recipients are doing with the money, have still not been told how much their substantial investments are worth, and will not be told the full details of how their money is being invested,’ Barofsky said….”

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