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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Inspector General: "Few Shovel Ready Projects Actually Existed"..More than 100 Energy Dept Loams Being Criminally Probed
Posted by:
WingNut
()
Date: November 03, 2011 08:42AM
http://dailycaller.com/2011/11/02/inspector-general-launches-criminal-probe-into-more-than-100-energy-dept-loans/
My goodness!
So what they are saying is that this taxpayer money was just tossed around recklessly?
That there was no real plan or legit projects?
That the Obama Administration is wasteful and incompetent?
That CRIMINAL acts were committed?
This can't be!
My goodness!
So what they are saying is that this taxpayer money was just tossed around recklessly?
That there was no real plan or legit projects?
That the Obama Administration is wasteful and incompetent?
That CRIMINAL acts were committed?
This can't be!
Re: Inspector General: "Few Shovel Ready Projects Actually Existed"..More than 100 Energy Dept Loams Being Criminally Probed
Posted by:
Spelling counts
()
Date: November 03, 2011 10:32AM
Loams eh?
Re: Inspector General: "Few Shovel Ready Projects Actually Existed"..More than 100 Energy Dept Loams Being Criminally Probed
Posted by:
subpeonaed
()
Date: November 03, 2011 11:54AM
Re: Inspector General: "Few Shovel Ready Projects Actually Existed"..More than 100 Energy Dept Loams Being Criminally Probed
Posted by:
WashingTone-Locian
()
Date: November 03, 2011 12:02PM
WingNut Wrote:
-------------------------------------------------------
> http://dailycaller.com/2011/11/02/inspector-genera
> l-launches-criminal-probe-into-more-than-100-energ
> y-dept-loans/
>
> My goodness!
>
> So what they are saying is that this taxpayer
> money was just tossed around recklessly?
>
> That there was no real plan or legit projects?
>
>
> That the Obama Administration is wasteful and
> incompetent?
>
> That CRIMINAL acts were committed?
>
> This can't be!
Apparently you don't know how Federal agencies work, because they all have IGs and the have these kinds of investigations ongoing all of the time.
---------------------------------------------------------------------------------
http://bible.cc/1_corinthians/13-11.htm
-------------------------------------------------------
> http://dailycaller.com/2011/11/02/inspector-genera
> l-launches-criminal-probe-into-more-than-100-energ
> y-dept-loans/
>
> My goodness!
>
> So what they are saying is that this taxpayer
> money was just tossed around recklessly?
>
> That there was no real plan or legit projects?
>
>
> That the Obama Administration is wasteful and
> incompetent?
>
> That CRIMINAL acts were committed?
>
> This can't be!
Apparently you don't know how Federal agencies work, because they all have IGs and the have these kinds of investigations ongoing all of the time.
---------------------------------------------------------------------------------
http://bible.cc/1_corinthians/13-11.htm
Re: Inspector General: "Few Shovel Ready Projects Actually Existed"..More than 100 Energy Dept Loams Being Criminally Probed
Posted by:
wdwwdwdwd
()
Date: November 03, 2011 12:06PM
And 0bama will look us in the eye and tell us to pass more of this bulls shit? Think of the teacher first responders STFU
Re: Inspector General: "Few Shovel Ready Projects Actually Existed"..More than 100 Energy Dept Loams Being Criminally Probed
Posted by:
Inspector General
()
Date: November 03, 2011 12:10PM
Let's put things in perspective. The article states that they have recovered a total of $3.3 million, and of course the $535 million Solyndra loan is being investigated. So, maybe we'll discover that as much as $1 billion was wasted, IF we doubled the amounts.
Does the $60 BILLION (that's billion with a B) lost to waste, fraud, and abuse by KBR, Halliburton, et al, in Iraq and Afghanistan give you any pause???? That's 120 times the Solyndra loan amount. No waste or fraud is okay, but let's not act like this DOE business is some exclusive left-wing corruption run amok.
Original Article:
"The investigations have already led to five criminal prosecutions and more than $2.3 million in recovered stimulus funds, Friedman said, including “a series of cases involving fictitious claims for travel per diem resulting in the recovery of $1 million alone in Recovery Act funds.”
Friedman’s office and the FBI are also investigating possible criminal activity related to Solyndra, the now-bankrupt solar company that received a $535 million loan from the Energy Department."
For comparison:
The Commission on Wartime Contracting's final report [pdf] asserts that upwards of $60 billion in U.S. tax dollars have been lost to fraud, waste, and abuse in Iraq and Afghanistan over the past decade. The independent Commission was created in 2008 to assess contingency contracting for logistics, security, and reconstruction, as well as to make recommendations to Congress in order to improve contracting practices. The Commission's final report blames the staggering losses on a lack of oversight, poor planning, and corruption.
http://www.wartimecontracting.gov/docs/CWC_FinalReport-lowres.pdf
Does the $60 BILLION (that's billion with a B) lost to waste, fraud, and abuse by KBR, Halliburton, et al, in Iraq and Afghanistan give you any pause???? That's 120 times the Solyndra loan amount. No waste or fraud is okay, but let's not act like this DOE business is some exclusive left-wing corruption run amok.
Original Article:
"The investigations have already led to five criminal prosecutions and more than $2.3 million in recovered stimulus funds, Friedman said, including “a series of cases involving fictitious claims for travel per diem resulting in the recovery of $1 million alone in Recovery Act funds.”
Friedman’s office and the FBI are also investigating possible criminal activity related to Solyndra, the now-bankrupt solar company that received a $535 million loan from the Energy Department."
For comparison:
The Commission on Wartime Contracting's final report [pdf] asserts that upwards of $60 billion in U.S. tax dollars have been lost to fraud, waste, and abuse in Iraq and Afghanistan over the past decade. The independent Commission was created in 2008 to assess contingency contracting for logistics, security, and reconstruction, as well as to make recommendations to Congress in order to improve contracting practices. The Commission's final report blames the staggering losses on a lack of oversight, poor planning, and corruption.
http://www.wartimecontracting.gov/docs/CWC_FinalReport-lowres.pdf