Monday, June 20, 2011
Congress cut off ACORN's federal funding last year in response to allegations the group engaged in voter registration fraud and embezzlement and violated the tax-exempt status of some of its affiliates by engaging in partisan political activities.
ACORN sued, but the 2nd U.S. Circuit Court of Appeals in New York City upheld the action. The high court refused to hear its appeal.
Good for the Supreme Court!
Monday, June 13, 2011
Department of Agriculture (USDA) announced that it has awarded $17.4 million for pilot projects that will begin exploring how to establish a market for greenhouse gas (GHG) credits, a key component of a cap and trade system, to help reduce carbon and other emissions that apparently contribute to global warming.
Agriculture Secretary Tom Vilsack said the projects were the “foundational work” for establishing an American carbon market. “This is really sort of foundational work that’s being done,” Vilsack told reporters on a conference call on Wednesday.
Obama spending your tax dollars to necessarily sky rocket energy costs!!
Monday, June 06, 2011
The Congressional Budget Office (CBO) says the real cost of the federal government guaranteeing the business of failed mortgage giants Fannie Mae and Freddie Mac is $317 billion -- not the $130 billion normally claimed by the Obama administration.
In a report delivered to the House Budget Committee on June 2, the CBO said a “fair value” accounting of guaranteeing the two defunct mortgage companies – known as Government Sponsored Enterprises (GSEs) – was more than twice as high as the Office of Management and Budget had accounted for.
What a shock!!