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$162 Million missing

by Phantom Ace ( 184 Comments › )
Filed under Barack Obama, Economy, Liberal Fascism, Progressives, Socialism at October 7th, 2010 - 8:30 am

I’m at a loss for words. The anger building up in inside is just unspeakable. I work just to make ends meet and I am not not economically moving up. The Porkulus bill was supposed to save the economy and create a boom. When there was a spring pop in the economy, the Progressive propaganda media was proclaiming the beginning of an unprecedented boom. They called it the Obama Boom or the greatest recovery in the history of humanity. Instead it was a false mirage and we seem to be in a Japan style lost decade funk. to make matters worse, $162 Million has been reported missing.

WASHINGTON — Recovery.gov promised transparency on how the government spends every dollar of stimulus money, but there’s $162 million the website doesn’t disclose.

Recipients of 352 federal stimulus contracts, grants and loans have failed to report how they spent the money, the status of their projects or how many jobs were funded, according to the Office of Management and Budget (OMB).

Despite orders from the White House to crack down, enforcement is spotty.

Read the rest: $162 million in stimulus funds not disclosed

The Obama regime is putting on a dog and pony show. They very well know where this money is. It’s in overseas bank accounts or spent by regime cronies. The was the largest robbery in American history. This is typical of a 3rd World style regime.

Note: I will be at Coldwarrior’s this weekend.

Election Update: Real Clear Politics now shows the Republicans with 210 seats, the Democrats with 186 and 40 tossups. They are also showing a 50-50 tie in the Senate. It’s getting worse for the Progressives.

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