Scandal alert! Where are the documents? Where is the transparency!

@ladyluna (7004)
United States
March 12, 2009 8:12am CST
Hello All, This is NOT a debate over who is more responsible Bush or Obama. There is NO QUESTION that both are culpable! Given the promises of transparency made by Mdm. Pelosi in 2006 and the renewed promises made by Barack Obama, it is now incumbent upon the Obama administration to shine the light of integrity on this SCANDAL, including but not limited to the immediate termination of all complicit parties. Excuses are unacceptable! Oh and where the heck is the media??? Since they continue to refuse to do THEIR JOBS, then let's make sure that no quarter (bail out) is ever offered! [i]"Federal Government Meddles in Corporate Takeover .... January 26, 2009, Judicial Watch filed a lawsuit against the Treasury Department, seeking all records related to a meeting Paulson held with top bank officials on October 13, 2008, as the financial crisis was just getting started. During that meeting Paulson reportedly offered bank executives a deal they could not refuse, which certainly raised our eyebrows and our suspicions. We filed a FOIA immediately, and sued when the government stonewalled. [b]Incredibly, the Treasury Department now says there are no responsive documents! One of the most important meetings at Treasury in the past decade and there are no related documents?[/b] I simply don't believe it."[/i] http://www.judicialwatch.org/weeklyupdate/2009/09-another-screwed-obama-nominee#anchor1 So, where are the documents? Where is the record of this "deal they could not refuse" that Paulson offered to the bank executives? What specifically did Paulson offer those bank executives? Why is Treasury being protected by this new administration? (hint - Geithner) Where is this so called "transparency" that Obama promised? "the Treasury Department now says there are no responsive documents!" Might this mysterious "deal" have had something to do with the $78 billion overpaid by TARP? "The Congressional Oversight Panel estimates that Paulson overpaid for bad assets by some $78 billion, amounting to a gigantic subsidy of publicly-traded companies like AIG (NYSE: By allowing shareholders to retain stakes in bailed out companies, the TARP program hamstrung its efforts to recoup taxpayer cash,..." www.bloggingstocks.com/2009/02/06/tarp-overpaid-for-assets-says-watchdog/ www.dailypundit.com/?p=33712 digg.com/business_finance/Treasury_overpaid_to_the_tune_of_78_Billion_WTF www.dinksfinance.com/2009/02/goverment-overpaid-by-30-for-tarp-funds.html (etc, etc, etc ...) The "deal" was made under the purview of the Bush administration, with the full support of this current Congress, as well as Barack Obama and Timothy Geithner. Moreover, the FOIA lawsuit was not filed until after the inauguration of the new administration. This makes both administrations, and every member of Congress who voted for TARP, and offered blind support of Paulson and the Treasurey -- guilty of complicity! This stinks to high heaven, folks! And, portends very, very badly for us, the taxpayers. Please folks, get on the phone with both your legislators, your governors, and most especially the press -- including local 'investigative teams'. It will only from the result of a wide-angle attack that we will ever learn what was really promised , and what really went down. Who knew what, and when??? Wouldn't it seem logical that the Dems would be salivating to throw the Bush administration and Paulson under the bus? But wait!!! Tim Geithner, the tax cheat, was up to his eyeballs in the planning and enactment stages of TARP. Wasn't Geithner's "expertise" in TARP the reason given by Team Obama for the need to overlook the fact that Geithner's is a tax cheat? Any thoughts?
1 person likes this
4 responses
• United States
12 Mar 09
How come you aren't working for the AP M'lady?
@ladyluna (7004)
• United States
12 Mar 09
Hello MTM, Didn't you hear? They're all going belly-up. Geesh, MNI or McClatchy media is going for $0.51 per share. The newspaper giants have been reduced to penny stocks. Woosh, I'm sure glad that I don't work for the AP.
1 person likes this
• United States
12 Mar 09
That wouldn't be happening if they had people like your self who actually did the work. Penny stocks huh? Might be a good time to buy up some of these companies before the Gubment bails em out and makes them real Propaganda organs. OOOps, Too late...
2 people like this
• United States
12 Mar 09
Lady won't shill for the left (or anybody), therefore she is not qualified to work in the moron stream media.
1 person likes this
@rodney850 (2145)
• United States
12 Mar 09
LadyLuna, As far as a record of the "deal they couldn't refuse", it's there, the present administration just refuses to be upfront with America and the reason for this lies in his historical roots. No, I don't mean his racial or ethnic roots, I mean the real driving force behind Barack Obama and his minions and that is pure, plain and simple Saul Alinski socialism! The total redistribution of wealth in our country is this administrations ultimate goal of which I intend to share an article eluding to this fact in another discussion topic...stay tuned! We will see far less transparency with this administration than we saw with the Bush administration. Although Bush was not without his faults, the Obama administration will make Bush's pale by comparison!
2 people like this
@ladyluna (7004)
• United States
12 Mar 09
Greetings Sir Rodney, To your statement: "As far as a record of the "deal they couldn't refuse", it's there, the present administration just refuses to be upfront with America". If that is the case, which I believe it is, then why isn't there a knock-down, drag-out brawling match for the next Pulitzer? Where the heck are the Woodward & Bernstein wanna be's when ya' need 'em? Never before in the history of the United States has such a massive financial incident ever taken place. These back to back bail-outs and confiscations and policy attacks on private wealth, as well as strawman future tax levies (or is garnishment the more accurate term?) are seeming to add up as potentially the biggest fraud in the history of our government. Why is no one but Judicial Watch, a few bloggers and little 'ol MyLot politicos asking the tough questions about this? Who knew what? And when?
1 person likes this
@ladyluna (7004)
• United States
12 Mar 09
Oh Kitty, now you've gone and insulted Pravda. Don't ya' feel terrible???
1 person likes this
• United States
12 Mar 09
"Journalistic integrity" has become an oxymoron in this country. There is no mention of these things in the press because the press is no longer a viable source for reliable information, it is all propaganda. May as well change the names of the NY Times, the AP, CNN and the rest collectively to Pravda.
1 person likes this
@Destiny007 (5805)
• United States
12 Mar 09
So they would have us believe that there are no records, minutes, notes, or any documentation whatsoever of the things discussed, what was said, and who said it? This is unbelievable considering the magnitude of of the events leading up to and following that meeting. This is not how a free and open government operates... this is how a totalitarian government works... in secrecy so that the people do not know what is being done to them. I must say that I am not surprised, as it has be obvious for a while now that the government does not care what the people think. The behavior of the government has for a while been in direct violation of the very Constitution which created the government in the first place. Our government has long ceased to be "of, for , and by the people", and has become a haven for criminal elitists who only crave more political power and want to dictate how we live our lives. They want us to be subjects under their rule, and not subservient to the needs of the American people. They consider themselves to be the ruling class while we are merely the working class with no voice in their decisions. This can only go one of two ways, and we had better stand up to them while we still can.
2 people like this
@ladyluna (7004)
• United States
12 Mar 09
"we had better stand up to them while we still can" I agree, Destiny! That is why I persist in challenging the deafening silence of the long missing 4th Branch of the Government. The leap from blind allegiance to tyranny is but one single step away. Our Founding Fathers knew it, and we must remain vigilant in reminding ourselves and others, so as to remain always one step ahead. Who knew what? And, when?
1 person likes this
• United States
12 Mar 09
I have a hard time deciding who is more disgusting, the government or the press? Why does the American media not only neglect to report on this and other matters of great importance, but they seem to be actively SUPPRESSING such information - that's why you can only find out about any of it on blogs lately.
1 person likes this
@ladyluna (7004)
• United States
12 Mar 09
Exactly right, Kitty. I was furious at Bernard Goldberg for slamming that blogger seeking his 15 min. of fame by ambushing Charlie Rangel in the halls of Congress (did you see it?). Goldberg was calling it unfair because the person asking the tough questions was an amateur. Well, if the professional media were actually doing their jobs, then amateurs wouldn't be inclined to put themselves up to the task. Grrr!
1 person likes this