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?
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$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
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.
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Did those houses have a “clear view of the Southern sky?”
The Navigant analysts evaluated programs in three areas: Southwestern Montana ... According to their report, it cost on average $349,234 per household.Whew, well thanks Barry. I was worried about that. .But, it gets worse. ... In the Montana region, there were actually a number of providers, including wireless, that already provided service in the area. .... Eisenach and Caves found ... only seven households in the entire region could be considered to be without any option for access.
Thus, the cost to extend access to those seven homes was about $7 million each.
Southwestern Montana is my dream place to 'retire' to (ha!). And Broadband Internet access was the only thing holding me back here in wunnerful Illinois. Otherwise I'd be in Montana next weekend riding around my Ranch Condo grounds on my pony Golf cart, a .45 Colt Cell Phone strapped on my hip, and a Winchester '73 in its scabbard a Laptop across my knees.
So thanks again Barry O'Greatone, what a swell guy you are.
$7 million per house is peanuts in the grand scheme of things....
Like what it costs your 1st Wookie to go on her vacations and to eat like a sow.
However revamping health care for 300 million Americans is certainly within the government's "sweet spot."
End sarcasm.