GAO warns of lack of oversight...

ABC ~ The Government Accountability Office issued a report warning about possible lack of oversight on the President's spending packages.

The GAO offical wrote, “With the exception of Citigroup and Bank of America, Treasury has refused to seek further details on TARP recipients’ use of funds… Simply put, the American people have a right to know how their tax dollars are being used... In light of the fact that the American taxpayer has been asked to fund this extraordinary effort to stabilize the financial system, it is not unreasonable that the public be told how those funds have been used by TARP recipients."

I wonder how long this guy will keep his job?

Another interesting point in the article, ‘The Treasury Department has indicated that it will not follow the Inspector General's recommendation…’

Do you remember the promises our President made about oversight and transparency? It ain't happening!