Drudge Retort: Red Meat for Yellow Dogs
Saturday, February 14, 2009

A special inspector at the Treasury Department is auditing the Troubled Asset Relief Program after reports that members of Congress exerted pressure and that banks actively lobbied for the money.

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Looks like trouble brewing for some folks in the Beltway...give the pigs a pile of money and they can't resist doleing it out in exchange for future favors or influence.

Moreover, for the Chairs of two of the most powerful Congressional Committees to be implicated as the investigation starts is not a good sign.

I am sure barney franks will enjoy prison.

Nobody inside the Beltway will go to prison over this, but it sure looks bad that Frank, Waxman and possibly others are going to be investigated for how the first $300B was handed out.

I am sure franks is hoping for prison.


I am sure barney franks will enjoy prison.

#2 | Posted by chickenrancher at 2009-02-13 01:40 PM


I am sure franks is hoping for prison.

#4 | Posted by chickenrancher at 2009-02-13 03:35 PM

Watching Oz gets Cabo's motor running.

Frankly, Barney was friggin' Freddie in the Fannie...

Democrats investigating Democrats? Geez, 8 years ago those asking for an investigation of the moral majority in the House would have been called America-haters. wonder if Holder will go AG Mucousy on us? "Yes, there were crimes committed, but not all crimes are worth prosecuting?"

I am sure that patricl leahy will be happy to include all this into his special look into wrong doing.
that has as much of a chance of happening as I have of having sex with my date from yesterday..
as in NONE>....

also...will there be anyone looking into lie and lie after lie coming from the white house

caterpillar will hire

ceo..uh well not so fast

transparent government....uh hardly

no earmarks...........oh really....reid throws in another 8 billion in the dead of night for his district and pelosi throws I think the total of 22 million to save a mouse.....

I watched a video of him from november of last year telling us all that he would see to it that we would all see aspects of government that we have NEVER seen before.
every thing will be put on line and in this video he specifically stated that it would be put on line in a way that every american could see it

well he was partly right....you just cant word search it, you had to go through the whole thing


and of course his congress EVEN VOTED ON giving them 48 hours to look at bills and such

again...what was it....about 10 hours to look at a thousand pages


IMPEACH OBAMA!

and oh yeah

in this video he called the previous administration the most secretive ever

anyone want to look at that charge again...

I just can't believe any of the dems would do a thing like that. Isn't that supose to be a rep thing?

@AFKABL2
well he was partly right....you just cant word search it, you had to go through the whole thing.

try Safari and ⌘F.

now post the link.

@AFKABL2
and oh yeah
in this video he called the previous administration the most secretive ever
anyone want to look at that charge again...

oh yeah, there's a charge worth investigating.

Well i have been raving since day 1, paulson didn't lift a finger until goldman sachs was on the ropes. Hummmmm, you mean his golden parachute was ALL in GS stock?????

Gee wiz, GS the leading DEMOCRATIC investment banker has paulson in their back pocket? Who would have thunk there was ANY connection????

Investigate goldman sachs, well!?! They aren't even mentioned by name!!!

"Sen. Charles E. Grassley of Iowa, the senior Republican on the Senate Finance Committee, asked Barofsky earlier this week for an investigation into possible political meddling in the Troubled Asset Relief Program, or TARP. Grassley has been among the most vocal critics of how the program is working.

"Concern about potential influence-peddling was heightened after the disclosure that a bank in Massachusetts received $12 million in TARP funds after Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, had inserted language in the TARP legislation that aimed specifically at helping the bank. The story was first reported in January by the Wall Street Journal.

Frank did not deny trying to help the bank, which he said was put into jeopardy when the U.S. took control of Fannie Mae and Freddie Mac. The value of preferred shares in the mortgage giants held by the bank plunged.

The value of the preferred shares went to ZERO! The worst case of congressional malfeasance ever, next to pelosi's 800 billion dollar gov. budget expansionist ripoff.....

The worst case of congressional malfeasance ever, next to pelosi's 800 billion dollar gov. budget expansionist ripoff.....

#16 | Posted by DavetheWave at 2009-02-14 04:08 PM | Reply | Flag:


LOL.

12 Million is "the worst case of congressional malfeasance ever"?

Seems like somebody is doing well in their Drama class. Break a leg!

since when does 800 billion PLUS INTEREST = 12 million???

Typical dr left horseshit deflection. Ignore everything?

Get it dude? Why don't you tell us about tarp, if you think you understand banking...even if you don't.

This should be good.....

Isn't this all a little... late?

If it involved A Dem there will be either a cover-up or a very light slap on the hand.

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