Posted on 11/30/2010 7:49:59 PM PST by InvisibleChurch
A few weeks ago, TMQ noted that New York state's comptroller -- the person whose job is to guard the public purse -- had pleaded guilty to corruption. Last week, the Virginia secretary of finance, that state's equivalent of a comptroller, was sentenced to 10 years in prison for embezzling public funds.
Meanwhile, in Prince George's County, Md., a suburb of Washington, D.C., the former school superintendent is in prison for taking kickbacks and the county executive was just arrested for corruption. The accusation against the county executive has not yet been heard in court, but it is pretty hard to imagine what the innocent explanation is for his telling his wife to flush checks down the toilet and hide $80,000 in cash in her underwear as FBI agents approached the house.
All that "stimulus" funny money the federal government has been pumping out -- more than $1 trillion between the George W. Bush and Barack Obama administrations -- how come we don't see the promised road construction, public transit improvements and school upgrades the stimulus funds supposedly were going to finance? Maybe because the money's being stolen. Government suddenly puts $1 trillion into a pot, with no accountability. There's no chance it will be stolen, is there?
At the least, much of the TARP and stimulus spending -- for which a Republican and a Democratic White House share blame -- has become no more than handouts to special-interest groups. Over the summer, Obama approved a $10 billion special giveaway to prevent what he said would be layoffs of teachers in public schools. That sounds important. But how has the money actually been used? Loudoun County, Va., spent nearly $5 million of its share to give schoolteachers extra ...
(Excerpt) Read more at sports.espn.go.com ...
the rest of the article is about 2/5 of the way down.
>> There’s no chance it will be stolen, is there?
I doubt that any more than ten to twenty per cent of the money has, or will, disappear down the corruption rathole.
That’s only one hundred billion or two hundred billion dollars... hardly enough to worry about, don’t you think?
I mean, it’s a number on par with the net worth of the world’s five wealthiest men. Combined.
That’s a small price to pay, right?
It bought votes.
That’s what the stimulus was intended to do.
It bought the votes of all the people that voted for President Vuvuzela and his Congress.
It paid off the unions, the poor people, the socialists, and the rest of the debris floating on the tide of US prosperity.
It bought off the government retirees whose pensions are broke, and all the other folks at the bottom of the food chain who’ve been cheated by their leaders.
Don’t get confused, this has been a most successful two years for the Democrats.
It will take decades to fix this mess, especially with all the half-wit Republicans still in there.
Into the private slush funds to keep everyone but the people happy.
George Soros’s wallet...
Don’t know where it went but know where it came from.
China and some current cash flow from taxpayers.
And that fed printing press.
Paid for by the next generation. They deserve better.
This will be a liberal ploy working towards 12. Attempt to intermingle TARP and the Stimulus.
I was against TARP, but the fact is that it’s been paid by to the tune of 99%.
Not the same animal as the Stimulus.
Somebody better check Sandy Berger’s socks.
Headline: Parasitic fund-us organizations infect government!
Worse then throwing good money after bad. They actually threw borrowed money after bad. And all we got in return was the bad.
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