The Obama War on Transparency Continues
Read about and listen to Neil Barofsky, a lifelong Democrat and Obama donor put in charge as watchdog over the TARP. TARP is a fitting word for DC-style “transparency,” as a tarp has apparently been thrown over the entire Wall Street-Washington revolving door.
For daring to point out that TARP potentially puts taxpayers on the hook for $23 trillion, Barofsky and his credibility have been attacked by the White House. Unlike most in Washington, he appears to take transparency and accountability somewhat seriously. And they now threaten to bring him under control of the Treasury Department.
Obama promised the most transparent administration in American history. In a sense, he is keeping his promise. I think more and more of us can see right through it.