By: MercoPress
In 2008, the world total military expenditure was an estimated 1.464 trillion US dollars, accounting for an increase of 4% in real terms compared to 2007, and an increase of 45% since 1999.
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By: MercoPress
In 2008, the world total military expenditure was an estimated 1.464 trillion US dollars, accounting for an increase of 4% in real terms compared to 2007, and an increase of 45% since 1999.
Comments are closed.
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TARP Oversight Chair Says She Doesn’t Know Whether It’s Working
And, when asked whether TARP is working, Prof. Elizabeth Warren— head of the Congressionally formed oversight committee for that particular trillion-dollar project—says:
“We can’t disclose what isn’t known. We’ve disclosed as much as we can, we’ve addressed this in our various reports. The Secretary of the Treasury says there are some positive indicators and there some negative indicators still in the economy. And that’s the best we can do.”
“We can see changes, we try to document those and we try to point out where their continue to be weaknesses,” she continued. “You know this isn’t resolved yet, congressman. I’m sorry, it’s just not. We’re still in mid-crisis and there are both up arrows and down arrows.”
http://www.weeklystandard.com/weblogs/TWSFP/2009/06/tarp_oversight_chair_says_she.asp