Who Needs Oversight, When You’re Spending Money You Don’t Have?
According to the GAO, TARP (the gazillion dollar Troubled Asset Relief Program) is seriously lacking in oversight. Why? Because of a single Senator’s anonymous block on the program’s IG (Inspector General) nominee.
Sen. Max Baucus, the fellow who made sure the TARP bill provided for an IG, isn’t too pleased. And that brings me to my latest limerick:
I’m never a person to carp,
But nobody oversees TARP.
One anonymous “hold”
Stopped the process out cold
Of confirming an IG who’s sharp.