The self-proclaimed “most transparent administration in the history of our country” has stopped releasing monthly stimulus reports as the November election approaches. The Obama Administration “is now four reports behind schedule and has so far not released any reports whatsoever in 2012.”
Updated: This isn’t surprising, considering the massive cronyism and corruption that was involved in the expenditure of stimulus funds (even beyond prior revelations of wasted stimulus funds such as “$71,000 for researchers at Wake Forest University to see how monkeys react under the influence of cocaine”): Now, we learn that “an analysis of public records by the National Legal and Policy Center (NLPC) has found more than $20 million in federal stimulus funds benefitting real estate projects financially tied to Joseph Shepard, husband of Missouri Senator Claire McCaskill.”
No President should ever declare a “national emergency” requiring Congress to pass his own flawed version of a “jobs bill.” Whenever a President declares a “national emergency,” he’s grabbing more power by taking away more of your liberty.
Update: Among numerous other failures, it’s been revealed that a $249 million grant to A123 Systems only created 400 jobs.