techPresident – Daily Digest: ________ for Obama Student groups face registration challenges – Youth Vote '08 The Latest Right Wing Assault on Higher Ed, or "Those who make revolutions by halves do but dig themselves a grave." | Future Majority Sarah Silverman Backs Obama /// Buzz & Viral Marketing Agency ★★★Vanksen|Culture-buzz Black Youth Vote! Blog: [...]
30 Sep
Posted by Kevin Bondelli as Issues
I went through the full text of the failed Emergency Economic Stabilization Act of 2008, AKA the Bailout Bill, and here is my overview. The program that would be created by this bill is called the Troubled Assets Relief Program, or TARP. The program would purchase “troubled assets” from financial institutions. A trouble asset is [...]
Earlier today the Bailout Bill was defeated in the House, falling short of the 218 votes necessary for passage. Despite the fact that a majority of Democrats voted for the bill and a majority of Republicans voted against it, the GOP, especially Rep. Eric Cantor, are blaming Nancy Pelosi and the Democrats for the failure. [...]
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