TARP Cash Targeted in Jobs Push (Dems trying to steal remaining funds for their schemes)

Wall Street Journal ^ | 12/4/09 | Neil King

[BurbankKarl]

Democrats have begun to hash out how to pay for a mix of unemployment benefits, state aid, tax credits and other incentives they hope will turn around the country's surging unemployment rate.

Funding for the initiatives would come from two sources. For job creation, the principal target would be a pot of more than $150 billion that was set aside last year to bail out the tottering financial system. House Speaker Nancy Pelosi said Thursday that she would like to tap the Troubled Asset Relief Program fund to pay for any "investments that we have in jobs."

...

Republicans lawmakers said they would oppose using TARP for new jobs programs. "The TARP money was intended to solve an economic emergency in the financial sector," said House Minority Leader John Boehner. Using the money now "on useless government programs is a very big mistake."

[jws3sticks]

Right on House Minority Leader John Boehne!!!

[HarleyD]

Investing in unemployment benefits???

[WilliamofCarmichael]

unemployment benefits, state aid, tax credits and other incentives they hope will turn around the country's surging unemployment rate.

Other incentives?

State controlled American media (SCAM) Headline?

Obama sets standard for new hires. "New-hire credits" for excess employee hires
"New-hire Credits" Trading Creates or Saves Billions
New-hire credits purchases offset lack of hiring, meets required standards