President Obama wants the bailout money goes to the small community banks so that these banks can lend money to the small businesses to boost the growth of the economy. Obama’s administration wants to slash the salaries of the executives of the companies who borrowed money from the government.
According to the new polls GOP is losing it’s support of the American people even after the right winger’s fabricated big lies about the democrats and about President Obama and his personal life , death panels, spins and the heavily orchestrated drama they performed during the summer time. Only 20% of the Americans identify themselves as republicans and the rest of America don’t even want to get closer to these nut cases.
The Obama administration slammed Wall Street by ordering pay cuts of an average of 50 percent and caps on benefits for top executives at companies owing the government billions of dollars from taxpayer-funded bailouts. The news triggered debate about the government’s reach into private industry, whether pay reductions would spread to other companies and if a talent drain from U.S. firms would ensue. Others cheered the move. More
The Obama administration slammed Wall Street by ordering pay cuts of an average of 50 percent and caps on benefits for top executives at companies owing the government billions of dollars from taxpayer-funded bailouts.
The news triggered debate about the government’s reach into private industry, whether pay reductions would spread to other companies and if a talent drain from U.S. firms would ensue. Others cheered the move.
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Many top Republicans are growing worried that the party’s chances for reversing its electoral routs of 2006 and 2008 are being wounded by the flamboyant rhetoric and angry tone of conservative activists and media personalities, according to interviews with GOP officials and operatives. Congressional leaders talk in private of being boxed in by commentators such as Glenn Beck and Rush Limbaugh — figures who are wildly popular with the conservative base but wildly controversial among other parts of the electorate, and who have proven records of making life miserable for senators and House members critical of their views or influence. More
Many top Republicans are growing worried that the party’s chances for reversing its electoral routs of 2006 and 2008 are being wounded by the flamboyant rhetoric and angry tone of conservative activists and media personalities, according to interviews with GOP officials and operatives.
Congressional leaders talk in private of being boxed in by commentators such as Glenn Beck and Rush Limbaugh — figures who are wildly popular with the conservative base but wildly controversial among other parts of the electorate, and who have proven records of making life miserable for senators and House members critical of their views or influence.
TARP figure confirms substantial pay cuts looming WASHINGTON – The chairman of the panel that oversees the $700 billion federal bailout fund said Thursday the Obama administration is insisting on slashing the salaries of executives of companies that took money from the government. Appearing on a nationally broadcast interview, Elizabeth Warren said reports of pending slashes in executive salaries are "real." More
TARP figure confirms substantial pay cuts looming
WASHINGTON – The chairman of the panel that oversees the $700 billion federal bailout fund said Thursday the Obama administration is insisting on slashing the salaries of executives of companies that took money from the government.
Appearing on a nationally broadcast interview, Elizabeth Warren said reports of pending slashes in executive salaries are "real."
Community banks to get bailout money as Obama seeks to boost small business To spur lending to small businesses, it is 'essential that we make more credit available to the smaller banks and community financial institutions that these businesses depend on,' the president says More
Community banks to get bailout money as Obama seeks to boost small business To spur lending to small businesses, it is 'essential that we make more credit available to the smaller banks and community financial institutions that these businesses depend on,' the president says