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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (3551)	12/22/2008 8:57:40 AM
From: Sedohr Nod	1 Recommendation Read Replies (2) \| Respond to of 103300

Hopefully that's just early reporting, before all the book keeping has been done....otherwise, it's time to hit the streets with pitchforks & torches.....run the bastards(all of them) right out of D.C.

To: GROUND ZERO™ who wrote (3551)	12/22/2008 9:21:42 AM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 103300

The administration has turned down Congress' request for an accounting of how the money has been spent.. exactly where it has all gone. Looks like the public will have to wait for the new year and a new Congress to actually pass legislation mandating such a public accounting --- because the Bush team seems to have decided to not come forward voluntarily with such information.

To: GROUND ZERO™ who wrote (3551)	12/22/2008 9:22:39 AM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 103300

Developers Ask U.S. for Bailout as Massive Debt Looms online.wsj.com With a record amount of commercial real-estate debt coming due, some of the country's biggest property developers have become the latest to go hat-in-hand to the government for assistance. They're warning policymakers that thousands of office complexes, hotels, shopping centers and other commercial buildings are headed into defaults, foreclosures and bankruptcies. The reason: according to research firm Foresight Analytics LCC, $530 billion of commercial mortgages will be coming due for refinancing in the next three years -- with about $160 billion maturing in the next year. Credit, meanwhile, is practically nonexistent and cash flows from commercial property are siphoning off.