The IRS will spend $42,000,000.00  to send out notices of the tax stimulus to tax payers. There are people in this country who are homeless, hungry and without jobs. How can any government agency justify such reckless and disrespectful stewardship of our money? This isn’t a republican or democrat issue. This is simply stooopid people in jobs they don’t deserve and clearly don’t have the judgement to be in decision making roles. If anyone in the private sector spent stockholder money in this way they would be subject to immediate termination. Unless of course you are one of the CEO’s with the golden parachute compensation packages that reward bad management and even worse results with huge salaries and bonuses. Hmmmm…VOTE THE RASCALS OUT!

 Former top executives from Countrywide have launched a new financial services firm, Private National Mortgage Acceptance Company LLC. According to information posted on their website, the core guiding principle is to create value for investors and consumers while preserving home ownership. We will support an environment of the highest standards, fostering ethical personal and business practices.

This is a little curious if not questionable since key executives of the new company bailed from Countrywide amid FBI investigations for securities fraud and regulatory questions. Countrywide currently has a $1.7 trillion dollar servicing arm with a default rate of 7.42% and a foreclosure rate of 1.48% in year over year statistics as of January 31st, 2008.  Hmmmm…

 Hillary Clinton ‘misspoke’ about the events of her trip to Bosnia in 1996. In the good ole’ days we just called this a lie. Hmmmm…

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