Tens of thousands of people may have taken advantage of the first-time homebuyer tax credit to defraud the government, an IRS watchdog office said Thursday.
Herein lies the ultimate Achilles’ Heel of Obamacare. [...] Read the rest »
“In what has become a routine spectacle, financial regulators went to Congress this week and raised objections to major portions of President Obama’s plan to overhaul financial industry rules.”
It is hard to draw any other conclusion but that hundreds of billions in new funding will be required to keep the FDIC operating. Given the catastrophic consequences of the FDIC failing, starting with a bank run of biblical proportions, there’s no question it will get whatever funding it needs. By loading the new loan guarantee responsibilities and the PPIP onto the FDIC’s back, the administration will go back to Congress and ask for the next large bailout.”
“Whether or not C-Span itself requested that You Tube pull the channel is not known, but it is clearly in the public interest and constitutes fair use to show a clip less than 10 minutes in length of what the people who are supposedly our Representatives are saying in Congress on our behalf.
As we have highlighted before, You Tube arbitrarily suspends accounts based on flimsy copyright claims that aren’t even properly investigated.”
