Obama Administration Struggling to Live Up to Transparency Pledges

longrifles, Inc · March 11, 2009, 03:18 AM

Direct Link:

http://www.foxnews.com/politics/firs...rency-pledges/

Quote:

From Fox News's website:
11 March, 2009
But the biggest question over transparency is yet to be answered -- whether the public will ever learn which banks received bailout billions, and how much the government paid for certain assets.

Recently, Vermont Independent Sen. Bernie Sanders demanded Federal Reserve Chairman Ben Bernanke lift the veil on that issue.

"Tell us who they are," the senator told Bernanke.

"No, because the reason that it's counterproductive and will destroy the value of the program is that banks will not come," Bernanke said.

"Well isn't that too bad," Sanders said.

Treasury Secretary Timothy Geithner has promised to open up the bailout process. But like the Federal Reserve, the Treasury Department does not want to name banks.

Sloan said this is a litmus test for Obama's commitment to transparency.

"It's taxpayer dollars, and we as taxpayers then have a right to know where that money is going," she said. "And I just can't understand why there should be any secrecy about that."

A top treasury official recently told Congress that the department couldn't adequately price the assets it bought in the first phase of the bailout. Republicans, though, say the software exists to do it and that taxpayers deserve to know.

My letter to my State Rep:

Quote:

Mrs. Herseth,

Below is a news story shown on Fox new's website regarding President Obama's administration's refusal to disclose which financial institutions received bail out money. That would be taxpayer's money.

Lets make a deal. I'll pay my taxes when my government tells me where my money is going. How's that? Elected officials need to understand something THE PEOPLE DON'T TRUST YOU and this serves as a perfect example why. This is unacceptable and I demand that it be resolved. There's no national security issue here to hide behind so it's time for people to be held accountable for their actions.

Don't fail the people of this state. We deserve better.

maestro pistolero · March 11, 2009, 05:09 AM

Sound of imminent thread lock due to no relationship to guns: . . . tick. . . tick . . .tick . . .

Ben Towe · March 11, 2009, 05:50 AM

LOL

longrifles, Inc · March 11, 2009, 05:56 AM

Quote:

Sound of imminent thread lock due to no relationship to guns: . . . tick. . . tick . . .tick . . .

Quote:

Legal and Political (3 Viewing)
Read Only Archive - Round table discussions range from the Bill of Rights, to concealed carry, to general political issues.

What now?

JuanCarlos · March 11, 2009, 06:48 AM

Legal and Political is the old subforum, and is now closed. That's why it's a "read only archive."

This is the new subforum, Law and Civil Rights, where the rules are a bit more restrictive. See the "Law and Civil Rights Forum Rules" post stickied towards (but not at) the top for more info.

longrifles, Inc · March 11, 2009, 06:53 AM

Arrgh.

Well, lock it down then.

johnwilliamson062 · March 11, 2009, 10:17 AM

IBTL
need bank accounts to buy guns
need bail out to keep bank accounts
need fairness to have bail out
need transparency to have fairness

Is that a link?

**Al Norris** · March 11, 2009, 11:20 AM

JuanCarlos is 100% correct.

This is not the old (and archived) L&P. The rules here are more restrictive.

Because this thread is not about political activism (i.e. rallying the troops for or against a proposed law or civil rights issue), but about the political process itself, it is therefore off topic.

March 11, 2009, 05:50 AM	#3
Ben Towe Senior Member Join Date: March 6, 2009 Location: Middle Tennessee Posts: 974	LOL __________________ I prefer dangerous freedom over peaceful slavery.-Thomas Jefferson I would rather die on my feet than live on my knees.-Euripides

March 11, 2009, 10:17 AM	#7
johnwilliamson062 Senior Member Join Date: May 16, 2008 Posts: 6,108	IBTL need bank accounts to buy guns need bail out to keep bank accounts need fairness to have bail out need transparency to have fairness Is that a link? __________________ $0 of an NRA membership goes to legislative action or court battles. Not a dime. Only money contributed to the NRA-ILA or NRA-PVF. Of course, you could just donate to the Second Amendment Foundation I was feeling pretty good, then I looked around and realized I am not swimming or on fire.

March 11, 2009, 11:20 AM	#8
Al Norris Staff Join Date: June 29, 2000 Location: Rupert, Idaho Posts: 8,754	JuanCarlos is 100% correct. This is not the old (and archived) L&P. The rules here are more restrictive. Because this thread is not about political activism (i.e. rallying the troops for or against a proposed law or civil rights issue), but about the political process itself, it is therefore off topic. __________________ Listings of the Current 2A Cases: http://thefiringline.com/forums/showthread.php?t=416973

March 11, 2009, 05:09 AM	#2
maestro pistolero Senior Member Join Date: August 17, 2007 Posts: 1,895	Sound of imminent thread lock due to no relationship to guns: . . . tick. . . tick . . .tick . . .

March 11, 2009, 06:48 AM	#5
JuanCarlos Senior Member Join Date: July 23, 2006 Posts: 2,459	Legal and Political is the old subforum, and is now closed. That's why it's a "read only archive." This is the new subforum, Law and Civil Rights, where the rules are a bit more restrictive. See the "Law and Civil Rights Forum Rules" post stickied towards (but not at) the top for more info.

March 11, 2009, 06:53 AM	#6
longrifles, Inc Senior Member Join Date: February 16, 2009 Location: Sturgis, South Dakota Posts: 152	Arrgh. Well, lock it down then.