…Looking at the past three years of Barack Obama’s presidency, there appears to have been a plan all along to blunt the effectiveness of inspectors general. This has been done by a variety of ways: by trying to force through Congress new and richly funded programs akin to “slush funds” without providing for the oversight that comes from the inspector general program; by stonewalling and attacking Darrell Issa, who as chairman of the House Government Reform and Oversight Committee the two words “reform” and “oversight” are anathema to Barack Obama has called for expanding the power of inspectors general; brutal public personal attacks on various inspectors general that are meant to drive them from office and chill the investigative efforts of others; and by deliberately failing to fill vacancies in the ranks of inspectors general — a dereliction of duty on the part of Barack Obama that earned the president a stinging rebuke in a recent Washington Post editorial “Where are the inspectors general?”…
We are being throttled by the Big Lie: we’re told that if the predatory financial system implodes, we’ll all be ruined. The opposite is true: the only way to save our economy is to let the corrupt, pathological and flawed financial system implode….
via | ZeroHedge.
The Solyndra-gate scandal, which the GOP realizes has the potential to shake the Obama administration to the very top, refuses to go away.
Earlier today AP reported that to a republican Subpoena demanding all documents instead of just those selectively produced, “could trigger a claim of executive privilege by the Obama administration and elevate the political stakes. The loan is being investigated by two House committees, which have released Solyndra-related documents from federal agencies including the Energy and Treasury departments and the Office of Management and Budget.” The White House has refused a request by the House Energy and Commerce Committee for all internal White House communications about Solyndra. White House Counsel Kathryn Ruemmler said the committee leaders’ request has implications for “long-standing and significant institutional executive branch confidentiality interests.”
Naturally: it would be a big hit to the presidency’s interests if it was uncovered that crony capitalist vigilante #1 himself is more than willing to distributed taxpayer capital to the highest bidder. So instead the The White House is ordering a review of loan guarantees made by the Energy Department after a California solar company that got a half-billion-dollar federal loan went bankrupt. There are more than two dozen of these to a variety of clean energy companies.” And here is where the latest joke from this president jumps the shark: “[White House chief of staff] Daley said he’s tapping a former Treasury official to conduct the review.” A former Treasury official… of the Obama administration?To paraphrase Erin Burnett, “Seriously?”At least in Europe they assume the audience is somewhat sophisticated before they baffle them with endless bullshit and non-news after non-news.Here, they skip that key assumption completely.