[ConservativeMan55]

Ouch is right!

Congress has left 700-billion dollars worth of dung on our doorstep and expects us to say thank you.

[TLI]

TARP... troubled asset relief program. More like CARP...

[TLI]

ACORN is still in there.

18 ø(d) TRANSFER OF A PERCENTAGE OF PROFITS.—
19 ¿
20 ø(1) DEPOSITS.—Not less than 20 percent of
21 any profit realized on the sale of each troubled asset
22 purchased under this Act shall be deposited as pro
23 vided in paragraph (2).
24 (2) USE OF DEPOSITS.—Of the amount re
25 ferred to in paragraph (1)

1 ø(A) 65 percent shall be deposited into the
2 Housing Trust Fund established under section
3 1338 of the Federal Housing Enterprises Regu
4 latory Reform Act of 1992 (12 U.S.C. 4568);
5 and
6 ø(B) 35 percent shall be deposited into the
7 Capital Magnet Fund established under section
8 1339 of that Act (12 U.S.C. 4569).