How Did The Banks Used The TARP Funds? “Don’t Ask, Don’t Tell”
Today, the Committee On Oversight and Government Reform is holding a hearing titled: “Following the money: Report of the Special Inspector General for the Troubled Asset Relief Program (TARP).” Neil Barofsky, the Special Inspector General, will release his 3RD report to Congress and present his findings and audit report on how recipients have used TARP funds. So far, the Treasury has already committed $643 billion and spent $441 billion under the program.
California Closes Its $26 Billion Budget Gap
The deal was reached late last night in Sacramento between Governor Schwarzenegger and four key members of California’s legislative body. California has been in a budget deadlock since February following an impasse between the Democrats, the Republicans and the Governor. The Golden State was forced to issue IOUs to creditors two weeks ago. The deal […]
Arab Americans Chafe Over Census Form
The first question I always get from “Americans” is, “Why do you keep calling yourself ‘Arab-American?’ You are American!” It represents the rock and the hard place where American Arabs have been pushed by the lack of education among most Americans.
It’s aggravated by what I also call the U.S. government’s split personality when it comes to American Arabs. On the one hand, they want to know us. On the other, they don’t. Here’s what I mean.
Iran: Khatami Joins Forces With Rafsanjani & Calls For Referendum
Khatami has now forcefully joined forces with Mousavi and another former President; Hashemi Rafsanjani. In a sermon delivered at Tehran University last Friday, Rafsanjani re-energised the protest by bringing back onto the streets thousands of demonstrators.
Moon Landing: 40 Years Ago, “One Small Step For Man, One Giant Leap For Mankind”
The man who took that first historical step and said the famous words was astronaut Neil Armstrong as he stepped cautiously from the lunar lander onto the Moon’s Sea of Tranquility on July 20, 1969.
An estimated 500 million people on earth either watched the event live on TV or listened to it on the radio. The lunar landing was a huge international event both scientifically and politically, it gave the United States a much needed boost of morale as the war in Vietnam was turning into a complete quagmire.
