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Nov 25, 2008


jeff in chicago

Wow, great post Beverly. It's pretty tough to even follow the type of 'spending' this issue involves. But as we move forward, the POGO side of things will remain vital. Good luck!


Could you imagine the fiasco at DOD had Citi gone under? Traveling would have been a total nightmare. At least Citi stands to gain billions for running the DOD's travel card program.


Fed spending is up to $8 trillion and you're still worried about the $700 billion our elected officials voted to spend? Not having any luck finding that elephant in your microscope? $8 trillion, that's, what, 60% of GNP? Yeah, who cares about accountability for that paltry sum?

"Whether it's lending or spending, it's tax dollars that are going out the window and we end up holding collateral we don't know anything about," said Rep. Scott Garrett (R-N.J.), who serves on the House Financial Services Committee. "The time has come that we consider what sort of limitations we should be placing on the Fed so that authority returns to elected officials as opposed to appointed ones." - http://www.newsday.com/services/newspaper/printedition/wednesday/news/ny-d5942206nov26,0,4016179.story


As it turns out there is new legislation that was introduced on 11/20/08 to immediately terminate the authority of the Secretary of the Treasury under the Emergency Economic Stabilization Act of 2008 to purchase troubled assets. To make a portion of the unused funding for such program available to meet critical "infrastructure needs" in the United States.

$100 BILLION to be redirected for transportation infrastructure

HR 7306



Dear POGO, 11/25/2008
Dear Ms. Lumpkin,

My having not fully read this/your Article and in my mostly responding to you first sentence, which I appreciate and your last few paragraphs, please allow me to again reteriate the following few seemingly obvious mentions.

First and foremost, please continue and with hopefully as one of your highest priorities to appeal to our US Executive, Legislative and Judicial Branches and Leaders to immediately bring to a full floor vote the 'Federal Employee Whistleblower Protection Restoration Act' and the proper and forthright endeavors of the Sabersky Plan and also for immediate and/or as soon as possible implementation.

Also as important appears to be another direct concern within this Article. As I have and successfully previously posted blog comment replies replies on your website for several years and that I continue to sadly concurr with my conclusions and that 'We the People' have obviously not heard the necessary and obvious truth from our Current and New incomming Economic Team and/or our current and new Government Leaders and/or Legislatures for the obvious and necessary 'Oversight and Accountability" and Transparency nor to this date have we heard the necessary and obvious, seemingly proper and forthright identification of the problems and the endeavors to a necessary and obvious resolve(s).

Should you concurr with my summations then I am as sadly worried as I would imagine would be a reasonable concern to all reasonable persons, especially and as I have previously mentioned the short term Financial problems are seemingly mostly and easily identifiable and with the short term solutions seemingly mostly and easily resolved and therfore should and would allow proper and forthright reasonable persons to tender and submit the solutions for the obvious and necessary problem identifications and corrective resolves of the long term concerns.

If you have any questions or concerns, please contact me at your convenience.

Thank you and all for your time and considerations.

Axel V. Sabersky

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