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Ethics
: Dispatches from the Culture WarsMeet the New Boss: Financial Bailout Edition
By Ed Brayton
It looks as though the Obama administration is now following the Bush administration's blueprint for total lack of accountability not only with respect to unconstitutional behavior by the executive branch but also with respect to the untold trillions of dollars committed to the myriad of financial bailout programs that began under the Bush administration and continue today.
As Glenn Greenwald reports, the administration is now fighting tooth and nail against its own handpicked Special Inspector General for the TARP program, longtime Democrat and staunch Obama supporter Neil Barofsky. You should listen to this interview that Barofsky gave to ABC News' Jake Tapper, in which he blisters the Treasury Department for their actions to conceal what is going on with that money.
Read the rest of this post... | Read the comments on this post...Full post as published by Dispatches from the Culture Wars on July 27, 2009 (boomark / email).
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Emergency Economic Stabilization Act of 2008
Bailout Bill HR124
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