SIGTARP: Excessive Pay at Bailed-Out GM

 A special inspector general report on compensation for executives at General Motors and Ally Financial blasts the Treasury Department for allowing excessive pay at the companies as taxpayers lost billions of dollars on the auto bailouts. The watchdog group issuing the report monitors the Troubled Asset Relief Program (TARP), which was set up to save financial corporations deemed "too big to fail" due to systemic risk to America's financial system. The program was expanded to allow for the bailing out of the auto industry, despite the questionable use of funds specifically designated for financial institutions.

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Educating the Public (on Education)

HOOVER INSTITUTION, by William G. Howell and Martin R. West - The 2008 Education Next-PEPG Survey found that providing respondents with accurate information about teacher salaries decreased support for raising them; providing information about charter schools increased support for them among liberals but lowered it among conservatives. Read more at Hoover... Read More......