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Secrets, Lies & Whispers, Bush Redux


Signs that the Bush Administration is still running the government. 
So here's what we're hearing that we haven't been hearing about the economic collapse:
1.  How it's determined which institutions get money from the taxpayer bailout
2,  Who is exactly getting how much
3   And -- just revealed -- taxbreaks to companies that buy troubled banks -- tax breaks that can greatly exceed the price paid for the troubled banks.
Banks Reap Big Tax Cuts

There are so many things to correct, so many of them urgent, that I'm constantly worried something major will be overlooked. 
But the transparency issue is of particular importance.  We've lived with secretive, sleazy and self-serving political control of our government for almost 8 years.  There's been no effective oversight, not from the Congress and not from the press.
(and as an aside:  1) this is the main reason I'm concerned about Larry Summers being appointed Sec. of the Treasury.  Sure, I don't like the comments he made about women and about toxic dumping in 3rd world countries.  But what I like even less is the evidence that he isn't open to ideas from other people; that he doesn't have a clue about what he doesn't know; that his ability to communicate with others is very limited.  Do we really want another person like that in a major leadership position in this country? and 2)  it's why Lieberman should be removed as chair of the Homeland Security committee -- we need real oversight).
 





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Tamarat

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  • Location Suburban D.C.
  • Party Democratic, when they're good
  • Politics Progressive. Or. Old-Fashioned Liberal. whichever floats your boat...

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