Posted on 07/08/2011 8:02:07 AM PDT by Kaslin
The day of reckoning is fast approaching..... =.=
Is $666 million a coincidence or does he do this just to mess with us.
TITLE ITROUBLED ASSETS RELIEF PROGRAM (required 'Congressional Oversight' sections listed)
Sec. 101. Purchases of troubled assets.
Sec. 102. Insurance of troubled assets.
Sec. 103. Considerations.
Sec. 104. Financial Stability Oversight Board.
Sec. 105. Reports.
Sec. 107. Contracting procedures.
Sec. 108. Conflicts of interest.
Sec. 111. Executive compensation and corporate governance.
Sec. 116. Oversight and audits.
Sec. 118. Funding.
Sec. 119. Judicial review and related matters.
Sec. 121. Special Inspector General for the Troubled Asset Relief Program.
Sec. 125. Congressional Oversight Panel.
Sec. 127. Cooperation with the FBI.
Sec. 129. Disclosures on exercise of loan authority.
In HR 1424, there are enough rules, regs and CONGRESSIONAL OVERSIGHT REQUIRED that not one Thin Dime should have been 'misspent.' So if anything crooked did go on Congress should look in a mirror. They dropped the ball -- or were they in on the scam?
================================
$6.4 Billion Stimulus Goes to Phantom Districts
watchdog.org | November, 2009 | staff
FR Posted August 09, 2010 by bronxville
Just how big is Obama's stimulus package? Well for one, it has doubled the size of the House of Representatives, according to recovery.gov. TARP funds were distributed to 440 congressional districts that do not exist.
According to data retrieved from recovery.gov, nearly $6.4 billion was used to create or save just under 30,000 jobs in these phantom congressional districtsalmost $225,000 per job. The web site operates on an $84 million budget and is tasked with monitoring the distribution of the $787 billion stimulus package passed by Congresswhich, for the record, counts 435 membersin early 2009...
SOURCE http://watchdog.org/1530/6-4-billion-stimulus-goes-to-phantom-districts/
Another DOTUS WTF.
Algore’s tie-breaking vote on the USF fee being added to all phone bills was supposed to cover this any way...
F’N liars.
Hmmm...
I’m about as ‘rural’ as ya can get (30 miles from the nearest WalMart) and my DSL bill just went *UP*!!!
Where’s MY share of all that largesse????
FOX News should be making DAILY HEADLINES with these reports
Let’s hold their feet to the fire too
I am getting a little tired of them goinv OVERHBOARD to be ‘fair and balanced’ when the other side is not. The other sides has its own mouthpieces already
There are no coincidences.
Corruption and graft on a vast scale.
I want to know whose bank accounts the checks went into for the non-existent Congressional districts. That’s the tip of the iceberg.
Investigate, audit, prosecute, seize assets, and send the perps away for decades of hard time.
Rudy Giuliani would make a good AG. If he could take down five Mafia families, maybe he could handle the THOUSANDS of prosecutions that this incredible ripoff should generate.
The evidence will show that the corruption went all the way to the TOP!
A subtle warning from God about who we are dealing with, perhaps.
Would that make them better in your eyes? It would not in mine
I agree. They are still wasting time on Casey Anthony. Lots of time for trash, no time for the stuff that really matters. I don’t think the Republic has any friends in the media.
Unfortunately the Republicans are not using the facts to their advantage. The refrain should be — “Why raise the debt ceiling when there is all of this waste to cut?”. Everyday Boehner and McConnell should stand on the steps of the Capitol and reveal a new example of waste and corruption spawned by the Administration. Perhaps they should bring back former Democrat Senator William Proxmire’s “Golden Fleece” award.
I am very frustrated by the Republican leadership’s inability to crank up a PR machine to highlight the waste and fraud occurring everyday.
Bookmark
I know, right. That popped up in my mind when I saw it.
If you can't appreciate the pure beauty of the violin after hearing this, something's wrong with your ears.Or you can get raw with these strings. Either way, the violin is sweet yet lethal.
Do it!
You got that right
ITEM Novelist Dean Koontz estimates about $70 Billion has been looted from US govt assets since Ohaha came in.
ITEM At least half a dozen people in the Ohaha admin are going to walk away from Public Service living like the Sultan of Brunei......and we can name them all without even breaking a sweat.
ITEM Obama tapped VP Joe Biden to "allocate" the stimulus $$trillions. Biden's son and brother were involved with Texas financier H. Allen Stanford, now charged with an $8 billion offshore fraud. 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 WSJ said. Stanford-related companies marketed the fund to global investors....... Paradigm Global Advisors is owned through a holding company by the VP's son, Hunter, and Joe Biden's brother, James, according to the WSJ.
ITEM As Ohaha's COS, Wall Street Rahm controlled the NJ Treasury and placed his brother in charge of Medicare/Aid and O/Care billions. (Wall Street can make money disappear faster than a cream puff at a Weight Watcher weigh-in.)
ITEM----HOW GANGSTER GOVERNMENT SCAMMED BILLIONS USING THE MADOFF MO The trustee ID'ing Madoff's assets, found Madoff created a labyrinth of interrelated international funds, institutions and financial entities of unparalleled complexity and breadth......with assets and businesses in multiple places offshore that hid government fraud, thievery, money laundereing, tax evasion........ all out of sight of taxpayers, the IRS, SEC, FEC and US banking laws.
Quit crying. I'm less rural than you (20 miles to the nearest Wally) and I don't even have DSL. And prolly never will as AT&T is pumping all their bucks into Uverse. Much better ROI.
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