| Daily News Inc | ||||
|
Obama kept promise on transparency Saturday, 08.15.2009, 07:09am (GMT-4) A lot of information has been made public through websites like
recovery.gov and financialstability.gov. The administration calls these
sites “pioneering” compared to how government worked in the past.
But we’re talking about almost $1.5 trillion dollars here – and there is key information that the public doesn’t know about how and where this money is being spent. For example, the Treasury Department doesn’t require banks that have gotten TARP funds to show how they’re using the money or who the bailed out banks are lending to. Also, taxpayers won’t have any idea if they’ve lost or made money on government investments in companies like General Motors, AIG, Citigroup and Bank of America until the government sells its stakes. As for the spending of stimulus dollars, the government accounting only goes as far as the first tier recipients from the states. So it’s not known which and how many companies down the line are getting work. It’s not enough. We deserve the transparency that was promised us. Otherwise it’s just another example of government lying to us in order to get us to go along with something. Does the Iraq war ring a bell? SO HERE’S THE QUESTION:When it comes to stimulus and bailout money, has Pres. Obama kept his promise of transparency? Interested to know which ones made it on air? Tom from Illinois says: Peggy says: Martin from Pittsburgh says: Jim says: Alex from Atlanta says: Jillian from Orleans, California says: FROM CNN’s Jack Cafferty
|
||||
| Powered by SoSo News Express Pro 2.2.0 Copyright © 2005-2008 by SoSoVN.com. All rights reserved. |
||||