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TARP
The Wall Street Journal reported that "A plan by Treasury Secretary Timothy Geithner to limit lobbyists' influence over the $700 billion bailout program has yet to get off the ground -- even as the program nears an end...Last January, Mr. Geithner promised to craft rules preventing external influence over bailout decisions. More than six months later -- and 100 days before the financial-industry bailout program is scheduled to stop taking applications for aid -- those rules have yet to be finalized."
This failure even got the attention of the Huffington Post (here).
Cash for Clunkers
The Associated Press reports that "Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government." The program has only paid for about 2 percent of those dealers clunkers deals so far, according to this article. Other articles have pointed out that up to half of dealer applications for reimbursement from the program have been denied due to minor clerical errors.
Regarding the government program, a spokesman for the dealers said "it's in the hands of this enormous bureaucracy and regulatory agency...If they don't get out of their own way, this program is going to be a huge failure."
White House Spam Attack
After initially denying that hundreds or thousands of people had received unsolicited emails from the White House, they decided to blame "unnamed political groups" for the error. Seems a President with expertise in community organizing and grass-roots politics and his advisor, David Axelrod, who founded a media consulting firm, don't know how to keep a secure email list.
The Associated Press reports that "Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government." The program has only paid for about 2 percent of those dealers clunkers deals so far, according to this article. Other articles have pointed out that up to half of dealer applications for reimbursement from the program have been denied due to minor clerical errors.
Regarding the government program, a spokesman for the dealers said "it's in the hands of this enormous bureaucracy and regulatory agency...If they don't get out of their own way, this program is going to be a huge failure."
White House Spam Attack
After initially denying that hundreds or thousands of people had received unsolicited emails from the White House, they decided to blame "unnamed political groups" for the error. Seems a President with expertise in community organizing and grass-roots politics and his advisor, David Axelrod, who founded a media consulting firm, don't know how to keep a secure email list.
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