News Briefs Volume VII
News briefs are a collection of interesting news stories…
This edition is all about Obama’s bad week though Americans who rely on the mainstream media missed most of the implications.
Brief 1: Obama and his employees Tim Geithner (Treasury Secretary) and Ed Whitacre (Government Motors CEO) were all a tizzy when GM paid back part of their TARP loans…with interest. GM even made a commercial to announce the success of the program. This news of such a government success couldn’t come at a better time for Obama as he looks to take over Wall Street. Unfortunately Sen. Chuck Grassley and some others (including the Inspector General for the TARP program) read the fine print on the alleged payback…with interest. Grassley stated;
Even though he may me the most irrelevant rich guy on Earth, I can not help but note Michael Moore’s latest attempt at lucidity. I did say attempt because he did not achieve anything close to clarity. On June 1, 2009 Moore expressed his delight at the demise of General Motors, herein called Government Motors. He claims to be troubled by the expected loss of jobs, but he cannot hold back his elation.