Government Bailout Hits $8.5 trillion

Kathleen Pender The San Francisco Chronicle November 26, 2008 The federal government committed an additional $800 billion to two new loan programs on Tuesday, bringing its cumulative commitment to financial rescue initiatives to a staggering $8.5 trillion, according to Bloomberg News. That sum represents almost 60 percent of the nation’s estimated gross domestic product. Given […]

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Former Republican Senator Pete Domenici of New Mexico Has His Records Subpoenaed in David Iglesias, U.S. Attorneys Scandal

Ex-lawmaker’s records subpoenaed in firings probe Associated Press – February 11, 2009 WASHINGTON (AP) – A federal grand jury has subpoenaed records of former Republican Senator Pete Domenici of New Mexico. Career federal prosecutor Nora R. Dannehy is looking into whether former Attorney General Alberto Gonzales, other Bush administration officials or Republicans in Congress should […]

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