The President’s Weekly Address: Passage of the American Recovery and Reinvestment Act (aka Stimulus Bill)

Saturday, 14 February 2009, 9:17 | Category : Barack Obama, Eclectique Citizen, Politics, The Economy
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….our goal must be to spend these precious dollars with unprecedented accountability, responsibility, and transparency. I’ve tasked my cabinet and staff to set up the kind of management, oversight, and disclosure that will help ensure that, and I will challenge state and local governments to do the same. President Barack Obama Can we apply this [...]

We have a new acronyn folks: TARP

Monday, 29 September 2008, 0:09 | Category : The Economy
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Update: The U.S. House of Representatives has just defeated the bailout bill in today’s vote. Back to the drawing board. (yay!) But don’t take off your life jackets yet. ——————————— From the people who brought you FEMA, our financial bailout has an official acronyn – TARP. That’s stands for Troubled Asset Relief Program. Okay, how [...]