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Featured

Obama's Inspector General Problem

By Graham Rayman, Thursday, Jun. 18 2009 @ 2:40PM
Comments (7)
Categories: Graham Rayman
geithner.jpgHmmm, does the Obama administration have a problem with the watchdogs assigned to keep an eye on federal agencies?

We ask because the Chicago Tribune is reporting that Obama's Treasury Secretary Tim Geithner [pictured] is embroiled in a dispute with an inspector general overseeing the government financial crisis bailout, and the administration recently fired the inspector general for the International Trade Commission.

We already know about the White House firing of Gerald Walpin, the inspector general who oversaw AmeriCorps, and wrote an unfavorable audit of the CUNY Research Foundation's Teaching Fellows program.

Inspectors general are supposed to be completely independent and are supposed to have broad powers to look into whatever they want. But with three of them on the ropes, you have to wonder whether that's going to be the case under Obama.

Some of the details: Neil Barofsky has the job of overseeing the Troubled Asset Relief Program. The Tribune reports that he's battling with Treasury Secretary Timothy Geithner over access to certain documents. Treasury is apparently claiming "attorney-client privelige."

Iowa Senator Chuck Grassley has written a letter of concern to Geithner demanding information about the dispute, which has delayed one investigation and raised the question of whether Barofsky is going to be free of White House meddling.

Meanwhile, the Obama folks recently declined to renew the contract of the ITC's inspector general Judith Gwynne. Grassley was concerned about that one because an ITC employee took away documents from the IG's office.

"It is difficult to understand why the ITC would not have taken action to ensure that the ITC inspector general had the information necessary to do the job," Grassley wrote on Tuesday, according to the Tribune.

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More About:

  • Barack Obama
  • Timothy Geithner
  • The White House
  • Politics
  • Financial Rescue Plans

Comments (7)

P Lee says:

Welcome to Chicago machine politics!

Posted On: Thursday, Jun. 18 2009 @ 6:18PM
John Manning, Jr. says:

In six short months, this presidency is already the biggest disaster in history.

When I borrowed momey (from my mom) to launch my first business -- a lemonade stand at age ten -- I quickly realized that if my per cup costs of juice were higher than my per cup revenues, I'd be in trouble. Unless mom or dad came through with a "bailout", I'd go belly up very quickly. To me that meant.. NOT hiring my buddies with money I didn't have and with zero expectation of EVER having. And certainly not GUARANTEEING LIFETIME income AFTER they left my business!

Funny that this Economics 101 lesson has yet to be learned by all of the Harvard and Yale liberal economists and the Karl Marx imitators in Washington.

So the tax payers' $50 BILLION (translation: (fifty-thousand-million!) is STILL too little for GM, and they file for bankruptcy!!

If we knew NOTHING else about this administration, this alone would be enough. Of course, we know far more - from ACORN, to amnesty, to plans of taxing every productive person to the poor house, to tax cheats in every cabinet post, to GITMO scum vacationing in Bermuda!!!... well you get the picture.

"Mr. Obama -- tear down that wall."

JBM

Posted On: Friday, Jun. 19 2009 @ 8:52AM
Dennis says:

I guess the chosen one and his socailist pals don't want anyone around who might be snooping into their questionable ways. Yes we can!!!

Posted On: Friday, Jun. 19 2009 @ 9:00AM
carmen says:

Lets put blame were blame is due. Our new president is only cleaning up and trying to fix the mess that the last president left. The bailout is just to keep americans head above water. To hold back the recession. In my opinion the goverment should take a paycut, to many getting paid big for doing nothing. Save a teachers job if it means taking home half. Believe me it worst to come home with nothing.

Posted On: Friday, Jun. 19 2009 @ 9:48AM
FINANCE LADY says:

Carmen, your lack of understanding of the situation is the reason we are in this mess. Please scroll up and read the lemonade stand story. Perhaps you will understand something put in simpler terms.
We cannot BUY our way out of this mess with "funny money". Obama is a disaster and there are no words to describe what Geithner is. Prepare for very dark days ahead.

Posted On: Friday, Jun. 19 2009 @ 11:48AM
ADELE FEDERMAN says:

Shades of Bush!! I thought we were through with all of that grabbing of power! Obama had better get his hands slapped by Congress or the Justice Department before he places a crown on his head!

Posted On: Friday, Jun. 19 2009 @ 4:38PM
scythia says:

Carmen, your lack of understanding of the situation is the reason we are in this mess. Please scroll up and read the lemonade stand story.

LMAO. Awesome. So glad the five year olds are out of the White House.

Posted On: Tuesday, Jun. 23 2009 @ 11:04PM

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