{"id":750,"date":"2009-04-21T13:03:50","date_gmt":"2009-04-21T13:03:50","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=750"},"modified":"2009-04-21T13:03:50","modified_gmt":"2009-04-21T13:03:50","slug":"things_that_just_grow_and_grow","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=750","title":{"rendered":"Things That Just Grow, And Grow, And Grow&#8230;"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.baltimoresun.com\/news\/nation\/bal-te.tarp21apr21,0,2254672.story\">Baltimore Sun<\/a>&nbsp;reported today on the amount of fraud that has occurred in the federal bailout program which began late last year.&nbsp; According to the article:<\/p>\n<blockquote dir=\"ltr\" style=\"MARGIN-RIGHT: 0px\">\n<p><em>&#8220;Investigators said Monday that they have opened 20 criminal probes into possible securities fraud, <nobr><a class=\"GVAdLink\" id=\"GVLINK_1_0_0\" href=\"http:\/\/www.baltimoresun.com\/news\/nation\/bal-te.tarp21apr21,0,2254672.story#\"><font color=\"#006600\">tax law<\/font><\/a><\/nobr> violations, insider trading and <nobr><a class=\"GVAdLink\" id=\"GVLINK_2_0_1\" href=\"http:\/\/www.baltimoresun.com\/news\/nation\/bal-te.tarp21apr21,0,2254672.story#\"><font color=\"#006600\">mortgage<\/font><\/a><\/nobr> modification fraud&#8221;<\/em><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Neal Barofsky, the special inspector general overseeing the bailout program, has said that these are just the first invesigations, he expects&nbsp;more to follow.&nbsp; He expects indictments to occur later this year.<\/p>\n<p dir=\"ltr\">The article reports that:<\/p>\n<blockquote dir=\"ltr\" style=\"MARGIN-RIGHT: 0px\">\n<p dir=\"ltr\"><em>&#8220;The report lays out just how complicated the program has become. What started out last October as a single-purpose $750 billion effort to buy toxic securities has morphed into 12 separate programs that covers up to $3 trillion in direct spending, loans and loan guarantees.<\/p>\n<p>The program has now committed an amount equal to the entire annual federal budget.&#8221;<\/em><\/p>\n<\/blockquote>\n<p dir=\"ltr\">The amount of&nbsp;fraud could run into the tens of billions of dollars.&nbsp; This is our tax money we are talking about.&nbsp; It may be complicated to monitor all the money and all the programs, but part of the job of the government is to do just that and do it well.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Baltimore Sun&nbsp;reported today on the amount of fraud that has occurred in the federal bailout program which began late last year.&nbsp; According to the article: &#8220;Investigators said Monday that they have opened 20 criminal probes into possible securities fraud, &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=750\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-750","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=750"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/750\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}