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TARP and Community Lending
February 3, 2010; U.S. Treasury Department | The Wall Street bailout failed “in many ways”, not the least of which is that the TARP-subsidized banks failed to restart their frozen lending pipelines.—Rick Cohen
House Poor Homeless Shelters
February 3, 2010; Atlanta Journal-Constitution | In Atlanta, one of the city’s biggest shelters is being foreclosed on by Ichthus Community Trust, which just purchased the loan from two nonprofit lenders.—Ruth McCambridge
New Nonprofit Journal’s Bias Questioned
February 2, 2010; Columbia Daily Spectator | Last month saw the launch of The Fiscal Times, a nonprofit publication covering “U.S. fiscal, budgetary, and economic issues.” TFT is underwritten by Pete Peterson, the Wall Street mogul with a questionable agenda of his own.—Timothy Lyster
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Nonprofits and the Sales Tax
February 3, 2010; Spokesman Review | Nonprofit homeless shelters may soon get a small break in Washington state as the House Revenue and Taxation Committee voted to waive the state’s 6% sales tax for these groups until 2012.—Kristin Barrali
Accelerated Deductions for Haiti Giving
January 22, 2010; Minneapolis Star Tribune | New legislation would allow taxpayers to write off charitable donations to Haiti earthquake relief efforts when they file their 2009 taxes this spring.—Aaron Lester
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