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Dec 03, 2008


KSBR curious

You seem to be working yourself into a needless lather. The legislation required no impact evaluation or monitoring other than that related to oversight. Is impact evaluation useful and important, sure--I agree. Congress was negligent in leaving out that provision and many others after having been so easily snookered to pass it or we enter gotterdamerung. Kashkari is one busy guy; only 1/4 of the planned staff is on board. If Congress, maybe with the unlikely help of watchdogs and the media, came up with a list of what needs to be evaluated, Treasury would probably try to accommodate. And at this point, there is little activity, few impacts, and little to evaluate. This situation can be saved. But stop ringing the fire alarm every time you think about smoke.

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