A reader forwards with this comment, "After reading what the SEC whistleblower has to say (click here), it's instructive to have a look at the following pair of articles, also featured at Truthout.org:" [excerpted from an original article by Adrienne Apel, Inter Press Service] Boston - A new U.S. investigative panel is demanding answers from the U.S. Treasury about how the agency has spent money from the 700-billion-dollar bailout fund. The Congressional Oversight Panel, a four-person board authorized by Congress and led by consumer advocate Elizabeth Warren of Harvard Law School, is charged with finding out what the Treasury has done with the billions it has already spent. ... (click here for source)
And here is the second article recommended by our reader: [excerpted from the original "Perspective" article by Michael Winship at Truthout.org] ... Just when you've finally gotten your mind around the enormous $700 billion financial bailout - even if none of us are really sure where all that money's going - there comes an even greater, breathtaking price tag. The amount is $904 billion - that's how much we've spent on American military operations, including Iraq and Afghanistan, since the 9/11 attacks; 50 percent more than what was spent in Vietnam, reports the non-partisan Center for Strategic and Budgetary Assessment. Their study does not include the inestimable toll in human life. ...
The reader continues with this send-up: "A reasonable New Year's resolution for Americans might be to stop thinking of places like Mexico and Afghanistan as the exemplary instances of corruption and the abandonment of the rule of law. An open question (a cause for hope, not despair) is whether America has the resources -- not merely the institutional resources and popular desire, but popular organization -- to do something about its own case." Start with the SEC Whistleblower Speaks on Madoff Fraud
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