Senate Majority Leader Harry Reid (D-Nev.) apologized today for referring to President Obama as "light skinned" and "with no Negro dialect" in private conversations during the 2008 presidential campaign.
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Saturday, January 9, 2010
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Video: How banks got strongarmed into TARP
Via Captain Ed at Hot Air.
"John Allison, CEO of BB&T, not only didn’t want TARP money but openly opposed the program altogether, lobbying Congress against it. After all, BB&T had made wiser decisions and by normal standards was overcapitalized even after the financial collapse. Allison tells how Ben Bernanke became Time’s Person of the Year by pressuring healthy banks to take TARP money in order to hide which banks were actually in trouble."
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