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The deception continues!
Do you want 4 more years of this?
'You'll have a revolution on your hands.' --Sen. Chris Dodd, D-CT: So When Will Banks Give Loans? By Joe Nocera 25 Oct 2008 It is starting to appear as if one of Treasury’s key rationales for the recapitalization program -- namely, that it will cause banks to start lending again -- is a fig leaf, Treasury's version of the weapons of mass destruction. In fact, Treasury wants banks to acquire each other and is using its power to inject capital to force a new and wrenching round of bank consolidation... Mr. [Mark] Landler’s story noted that Treasury would even funnel some of the bailout money to help banks buy other banks. And, in an almost unnoticed move, it recently put in place a new tax break, worth billions to the banking industry, that has only one purpose: to encourage bank mergers... Late Thursday afternoon, I caught up with Senator Dodd, and asked him what he was going to do if the loan situation didn’t improve: "If it turns out that they are hoarding, you’ll have a revolution on your hands. People will be so livid and furious that their tax money is going to line their pockets instead of doing the right thing. There will be hell to pay."
'This is a dictatorial, after-the-fact pronouncement by him in line with a lot of other cherry-picking he's done on the signing statements.' --Sen. Alen Specter, R-PA: Administration to Bypass Reporting Law 25 Oct 2008 The Bush regime has informed Congress that it is bypassing a law intended to forbid political interference with reports to lawmakers by the Department of Homeland Security. The August 2007 law requires the agency’s chief privacy officer to report each year about Homeland Security activities that affect privacy, and requires that the reports be submitted directly to Congress "without any prior comment or amendment" by superiors at the department or the White House. But newly disclosed documents show that the Justice Department issued a legal opinion last January questioning the basis for that restriction, and that Michael Chertoff, the homeland security secretary, later advised Congress that the administration would not "apply this provision strictly" because it infringed on the president's [sic] powers. Several members of Congress reacted with outrage to the administration’s claim, which was detailed in a memorandum posted this week on the Web site of the Office of Legal Counsel at the Justice Department. Senator Arlen Specter of Pennsylvania, the ranking Republican on the Senate Judiciary Committee, called the move "unconstitutional."
'US troops' strike inside Syria 26 Oct 2008 US helicopter-borne troops have carried out a raid inside Syria along the Iraqi border, killing eight people including four children, Syrian officials say. The official Syrian news agency Sana said the raid took place in the Abu Kamal border area, in eastern Syria. It said that American soldiers on four helicopters had stormed a building under construction on Sunday night.
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