Friday, February 26, 2010

Obama, the Chicago Boys, and their 30 Billion Dollar Slush Fund

The Obama administration is seeking to exclude from federal oversight its new $30 billion dollar small-business lending program. Obama's rhetoric about transparency during the campaign was as phony as his vow to end the era of lobbying (last year was that industry's best year ever in Washington)...Senior Treasury officials have told the financial bailout program's inspector general that they are considering excluding a new $30 billion small-business lending initiative from the watchdog office's oversight...

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