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Federal Deficit continues to dog Obama administration

I hope President Obama and his administration realize that the money they are spending comes at a price. The recession will continue to get worse if they continue spend the US economy into a bigger deficit.
NEW YORK (CNNMoney.com)
The government ran up a $21 billion budget shortfall last month, the first April deficit in [...]

Freddie Mac bailout is a perpetual money pit. sigh.

It is pretty obvious this failed venture to prop up an insolvent company isn’t working. Why does the Obama administration continue to throw taxpayer money away?
Freddie Mac needs another $6.1B in aid
Total bailout comes to $51.7 billion as mortgage financier reports a $9.9 billion quarterly loss.
Freddie Mac asked for another $6.1 billion in government aid [...]

Latest rumor update on Bachelor Jason and Molly

The last rumor update I heard about this couple is that they are still together.  According to BuddyTV:
But it seems that luck is on their side. As reported previously, the people at AirTran Airways are backing up The Bachelor couple by giving free airline tickets to Molly for her to visit Jason in his hometown [...]

Another example of failed government bailouts

The most recent news about Fannie Mae and Freddie Mac is that they will need about $100 BILLION  to last until next year.  There is definitely a lot of wasteful government spending and this is where the Obama administration could save$100 billion next year. Instead of him shaving off $16 billion from 121 different programs, [...]