Monday, December 29, 2008

The Accountablility Question...

1st Chicken Little the Sky is Falling!!!!
Government needs $700 Billion to Bailout Banks!

2nd Yes Dorothy there is Oversight in the Bailout
The Treasury Department, the architect of the plan, reportedly agreed to modifications to include strong congressional oversight.

3rd Oversight, There’s No Stinking Oversight
An Inconvenient Fact: Congress had not required the Treasury to follow the money!

4th Hey You Get Off of My Cloud
Despite the fact that Congress wrote more than one hundred pages about oversight in the bailout bill, they left a gaping hole.
This "bailout" was just carte blanche to corporate greed-mongers and friends of Bush and Cheney who stuffed it in their pockets and helped nobody but themselves.

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