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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction
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To: Sully- who wrote (77931)2/26/2010 1:16:51 PM
From: Brumar891 Recommendation  Read Replies (1) of 90947
 
.... The Obama administration is seeking to exclude from federal oversight its new $30 billion dollar small-business lending program. Obama's rhetoric about transparency during the campaign was as phony as his vow to end the era of lobbying (last year was that industry's best year ever in Washington).

David Cho writes in the Washington Post:

Senior Treasury officials have told the financial bailout program's inspector general that they are considering excluding a new $30 billion small-business lending initiative from the watchdog office's oversight.

[ That is a giant flashing sign telling us they intend to pay off supporters and do all kinds of things that can't stand the light of day with this money. But hey, its ONLY $30 billion. What a bunch of crooks this administration is. ]

.....
Of course, it would make the 30 billion dollar program "vulnerable to fraud". That is the goal: to have a vast slush fund and honey pot to reward supporters with taxpayer dollars.
....
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