ITEM Mother Jones mag reports the actual cost of the stimulus, TARP, whatever, is $14 TRILLION.
ITEM HOW DID GANGSTER GOVERNMENT SCAM $14 TRILLION? PROBABLY LIKE THIS (the Madoff MO): Creating a labyrinth of interrelated international funds, institutions and financial entities of almost unparalleled complexity and breadth......with assets and businesses in miltiple places overseas that hid thievery, money launderering and tax evasion. At least half a dozen people in the Obama admin are going to walk away from “ Public Service “ living like the Sultan of Brunei.
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ITEM Obama tapped VP Joe Biden to "allocate" the stimulus $$trillions. Biden's family was involved with Texas financier H. Allen Stanford, now charged with an $8 billion offshore fraud, the WSJ said. The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and a Stanford Financial Group entity, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related companies marketed the fund to global investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.......... Paradigm Global Advisors is owned through a holding company by the VP's son, Hunter, and Joe Biden's brother, James, according to newspapers.
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ITEM How can this be legal? A jaw-dropping policy the White House released late on a May Saturday afternoon........hoping we would not notice. "Following OMB’s review, the Obama Administration has decided to make a number of changes to the rules that we think make them even tougher on special interests and more focused on merits-based decision making. First, we will expand the restriction on oral communications to cover all persons, not just federally registered lobbyists. For the first time, we will reach contacts not only by registered lobbyists but also by unregistered ones, as well as anyone else exerting influence on the process. We concluded this was necessary under the unique circumstances of the stimulus program."
ITEM On June 9, 2009 Obama called a press conference to announce, "Several financial institutions are set to pay back $68B to taxpayers." Reasonable people (taxpayers) assumed that any money or profit would be returned to the general funds from whence it had come .......in order to pay down the debt. The truth, however, is that the money returned by the banks is finding new life as part of what amounts to a Treasury Dept-controlled slush fund.
ITEM Obama's obsessive reach for "healthcare reform" confirms reform is another trillion dollar govt slush fund for hand-picked insiders.......ACORN, Soros, SEIU. Keep in mind---COS Rahm Emanuel and his brother Dr Zeke--are in charge of the healthcare trillions.
The Hill ^ | December 9, 2009 | by Alexander Bolton
Nearly $6 million in stimulus money was paid to two firms run by Mark Penn, who was Hillary Rodham Clinton's pollster in the 2008 presidential election. Federal records show that $5.97 million from the $787 billion stimulus helped preserve three jobs at Burson'Marsteller, the global public'relations and communications firm headed by Penn.