Obama 'Misplaces' 1.3 Trillion Dollars

Obama 'Misplaces' 1.3 Trillion Dollars doctorbulldog | 11 May, 2011 at 11:28 am | Categories: politics | URL: http://wp.me/p1NPg-75O

I'm sure, when he stands accused, Obama will be the first to point out that "Bush" misplaced 2.3 Trillion dollars, whereas he himself has only misplaced 1.3 Trillion dollars; thereby, saving the taxpayers of the United States 1 trillion dollars!

Yup, all hail Our Dark Overlord:

Now Obama has 'lost' $1.3 trillion. Or is Whte House just stonewalling another FOIA?

By: Mark Tapscott 05/11/11  - Washington Examiner

Transparency and accountability in government advocates were elated in September 2006 when President George W. Bush signed into law the Financial Accountability and Transparency Act that established USASpending.gov, a Google-like searchable database to put most federal spending within a few mouse clicks of anybody with an Internet connection.

By the time Bush left office, USASpending.gov was up and running and provided a serviceable tool for accessing billions of bytes about where Washington politicians are spending trillions of tax dollars.

But in January 2009 when President Obama and members of his administration came into office, they saw USASpending.gov as a potential propaganda tool and the utility of the site became an open issue.

Now, nearly five years after it was authorized, USASpending.gov is at the center of a growing scandal on Capitol Hill as questions are raised about $1.3 trillion of federal spending that doesn't show up on the site.

The Sunlight Foundation's John Wonderlich, who has led the effort to track down an explanation for the missing $1.3 trillion, testified this week before a House subcommittee.

Here's the video of his response to a question from Rep. Cory Gardner, R-CO, and his explanation of the problem and the response he and his non-profit - which is one of Washington's most effective advocates for greater transparency in government - have received from the Obama administration:

watch?v=5L3ecOtJ6vc

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