Subsidyscope to track the bailout

There are many websites to track government money, and although I haven't determined if this one, Subsidyscope is biased, it is by Pew Charitable Trusts, which is usually reliable. I would call your attention to SIGTARP quarterly report, although it does have its own website. It's easier to work back and forth to different programs if you stay at Subsidyscope. Neil Barofsky needs to watch his back. He was an end-of-term Bush appointee to keep an eye on TARP money as the Special Inspector General (SIG) and so far he doesn't like what he sees. He's supposed to go after waste, theft and abuse, and it has become the Democrat's candy shop. Ought to start with Obama, then Geithner, then Frank, toss in Pelosi just to make sure we have diversity of gender, color and religion, but doubt that will happen. I'm just saying. Cute logo, too.

TARP inspector general Neil Barofsky agrees that the mortgage modifications "will yield no direct return" and notes charitably that "full recovery is far from certain" on the money sent to AIG and Detroit. Mr. Barofsky also notes that since Washington runs huge deficits, and interest rates are almost sure to rise in coming years, TARP will be increasingly expensive as the government pays more to borrow. Link to WSJ article