Misc News & Links
Neil Barofsky, Special Inspector General of the Troubled Asset Relief Program (SIGTARP) calls the Obama administration’s Homes Affordable Mortgage Program (HAMP), designed to curb foreclosures a failure.
Do you remember TARP, HAMP, HAFA, Cash for Clunkers or Cash for Caulkers?
After a year of crippling delays, President Barack Obama’s $5 billion program to install weather-tight windows and doors has retrofitted a fraction of homes and created far fewer construction jobs than expected.
In Indiana, state-trained workers flubbed insulation jobs. In Alaska, Wyoming and the District of Columbia, the program has yet to produce a single job or retrofit one home. And in California, a state with about 37 million residents, the program at last count had created 84 jobs.