Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (63113)	4/15/2009 1:31:52 PM
From: JakeStraw	2 Recommendations Read Replies (1) of 224729

Obama's code of secrecy washingtontimes.com Thus far, the U.S. government has spent, lent or committed $12.8 trillion to the financial rescue. That tab works out to $42,667 per person, or $130,600 per tax filer. It is almost as much as an entire year's worth of gross domestic product, which last year was $14 trillion. The government refuses to inform the public - or even Congress - where all the money is going. At a Senate Finance Committee hearing March 31, Neil M. Barofsky, the special inspector general for the Troubled Asset Relief Program (TARP), admitted that he couldn't tell senators where the nearly $3 trillion already spent on bailouts went. Basic measures of spending accountability have not been provided. The government has not even required all banks receiving taxpayer dollars to consistently explain how the money is spent. Assistant Secretary for Financial Stability Neel Kashkari, the Treasury official known as the "bailout czar," who should be overseeing the payouts, is refusing Mr. Barofsky's requests for this information.

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