Your Tax Dollars At Work: Beauty School dropouts get stimulus grants, but no degrees…

O..M..G….

Go read the whole thing at MM’s place:

…A NowHampshire.com investigation reveals almost $37,000 of that money went to a Bedford beauty school that does not grant degrees.

The Office of Economic Stimulus granted Coiffures by Michael, Inc. $35,088 in a “direct payment for specified use,” and another $1,571 in “student financial assistance.”

Coiffures by Michael runs Michael’s School of Hair Design and Esthetics. The school promises “no learner is left behind.” Guest speakers at the school include Dean Banowetz, the self-proclaimed “Hair Ho.”….

No word if Velvet Jones got any stimulus funds yet…

August 24, 2009. Tags: , , , , , , , , . Comedy, Economy, Labor Department, Obama Administration, Politics, Popular Culture, Taxes, Unemployment Statistics. 3 comments.

Update:Royce (R-CA)asks why Snowe Wyden Amendment stripped from stimulus, replaced with Dodd Amendment behind closed doors;AIG: Liddy just said the Fed knew about bonuses and attends all AIG board meetings…

Kanjorski says the Pink ladies are trying his patience and will be removed or signs removed, Code Pink there with fire geithner signs LOL!!

Barney Frank says good thing those ladies weren’t wearing signs on their shirts big laugh, Frank defending Liddy to Pink Ladies signs, now says time for a change for govt to assert ownership rights sue for inadequate performance for bonuses litigation rather than as regulator…

Here’s to the only Pink Ladies we at MiM are interested in hearing from, Rizzo and the girls…

Grease Pink Ladies Homage courtesy of hfxmusicman

My fave part of Kanjorski opening remarks, he used to be an atty and referenced how Liddys former company (ALLSTATE!!) makes a practice of DENYING CLAIMS and NOT PAYING on CONTRACTS until lawsuits..why couldnt they do that on the bonuses and let the derivative traders sue AIG to get the money? HA HA!! EXCELLENT! exactly!! frakkers

Update: Rep Garrett trying to tie Geithner to AIG directly…Liddy says Timmeh told him last week he didnt know about it

so Timmeh is INCOMPETENT then for not knowing or doing his damn job and due diligence, but we all know he knew…

Liddy tossing the Fed unda da bus…says Federal Reserve sits in on all board meetings and compensation cmte meetings at AIG and knew of and approved the bonuses..

says Treasury didnt want to sit in on meetings, and fed reserve tells treasury what it thinks it needs to know..

So Bernanke the only grown up left, who made America feel good Sunday night, is now unda da bus to save Weaslly Geithner who WROTE THE AIG BAILOUT IN SEPTEMBER O8..

man this is  bad

they should have sent Geithner out as sacraficial lamb and left Ben alone.

March 18, 2009. Tags: , , , , , , , , , , , . Economy, Film, Music, Obama Administration, Politics, Popular Culture, Uncategorized, Wall St. Comments off.

Case Shiller Index Released…Record Declines Continue….December y/y down 18.2%…

Single Family Home Prices continue record declines…being in the Sunbelt, ground zero for housing collapse, I am ready to LIMBO when these numbers come out..you have to laugh or you lose your mind…

Feel like we need Sha Na Na from Grease..How Low Can You Go!!! LIMBO!!!

home price index records 18.2% decline in 4Q of 08…

20 city composite posts annual decline of 18.5%…10 city composite also sets record decline of 19.2%

Bloomberg:

Home prices in 20 U.S. cities declined 18.5 percent in December from a year earlier, the fastest drop on record, as foreclosures climbed and sales sank.

The decrease in the S&P/Case-Shiller index was more than forecast and followed an 18.2 percent drop in November. The gauge has fallen every month since January 2007, and year-over- year records began in 2001.

…Compared with a year earlier, all areas in the 20-city survey showed a decrease in prices in December, led by a 34 percent drop in Phoenix, a 33 percent slide in Las Vegas and a 31 percent decline in San Francisco.

Quarterly Figures

S&P/Case-Shiller also released quarterly figures for home prices nationally. That measure showed an 18.2 percent drop in the three months through December from the same period in 2007, compared with a 16.6 percent year-over-year decline in last year’s third quarter.

“The broad downturn in the residential real estate market continues,” David Blitzer, chairman of the index committee at S&P, said in a statement. “There are very few, if any, pockets of turnaround that one can see in the data.”

February 24, 2009. Tags: , , , , , , , , , , , , , . Doo Wop, Economy, Entertainment, Film, Finance, Foreclosures, Housing, Music, Obama Administration, Politics, Popular Culture, Uncategorized, Wall St. 1 comment.

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