What do you get when you cross Tim Geithner and Peter Peterson?
Barack Obama; who would rather help the big banks and balance the budget than offer a helping hand for struggling homeowners. (Image)
The president demonstrated new heights of indifference toward the people in his handling of the mortgage relief program made a part of the Trouble Asset Relief Program (TARP). Citizens paid the full share for TARP and were to get a modest proportion. That’s not the case. The November 2010 Congressional Budget Office Report on TARP was just issued. It showed that the funds for home mortgage assistance programs would be reduced from $50 billion to $12 billion, as reported in the Huffington Post.
Reading the details of the report, we find that the take back from homeowner relief through TARP funds is even more outrageous. The actual funds spent so far for homeowner relief is only $710 million.
By Michael Collins
The appointment of former presidents Bill Clinton and George W. Bush as key players in Haitian relief should cause the people of Haiti grave concern, if they weren’t otherwise preoccupied with survival. These former presidents’ records as pro-life advocates on the international scene is tarnished by real world outcomes.
During his eight years as president, Clinton was responsible for sanctions on Iraq that resulted in the deaths of 170,000 children under five. Former President George W. Bush exceeded that death toll by invading Iraq. That caused civil chaos and conflict among Iraqis leading to the deaths of over one million citizens in that tragic nation. When you see these two coming, their record speaks for itself. (Image)
“Aid officials in Haiti complained of the lack of co-ordination between the UN, the US and aid agencies and were enraged when the airport was closed on Saturday so that Mrs Clinton could visit.”
Aid agencies and donor countries accused the US military of giving its own aircraft priority. Outside the airport, aid and rescue workers protested that nobody seemed to be in charge as looting and lawlessness rose sharply on the streets of Port-au-Prince.
Médecins sans Frontières (MSF) complained that it had had five aircraft carrying medical supplies and doctors diverted to the Dominican Republic since Saturday, and that the earliest landing slot it could secure at Port-au-Prince for a relief aircraft supposed to leave today was January 26.
The US military’s takeover of emergency operations in Haiti has triggered a diplomatic row with countries and aid agencies furious at having flights redirected.
By Rory Carroll and Daniel Nasaw
Brazil and France lodged an official protest with Washington after US military aircraft were given priority at Port-au-Prince’s congested airport, forcing many non-US flights to divert to the Dominican Republic. (Image – Port au Prince)
Brasilia warned it would not relinquish command of UN forces in Haiti, and Paris complained the airport had become a US “annexe”, exposing a brewing power struggle amid the global relief effort. The Red Cross and Médecins Sans Frontières also complained about diverted flights.