STILL WAITING FOR THOSE NAMES AND POSITIONS....and since you have been kind enough to remind me the named and valued items that must be designated before a purchase takes place..... your post does not mention the inspector general and HIS requirements and rules.
again... until the positions are indeed filled and the job descriptions and reporting requirements, and chaim of command/paper flow and format for decisions decided upon and approved by the yet unnamed inspector and returned to the yet unnmamed chair thrrough the undesignated intra office flow is in place IT IS BULLSHIT and NOTHING is actually being done or accomplished. On Mon, Oct 6, 2008 at 6:54 PM, Gaar <[EMAIL PROTECTED]> wrote: > > On Oct 6, 5:22 pm, "Mark Kahle" <[EMAIL PROTECTED]> wrote: >> As simple as it gets. Congress REQUIRES an oversight commitee and an >> inspector general in place before a single cent is spent.... > > Yep, and they are in FACT set up in the Legislation, again, you might > try READING it BEFORE you try telling others what is in it and how it > works... > > 4 SEC. 104. FINANCIAL STABILITY OVERSIGHT BOARD. > 5 (a) ESTABLISHMENT.—There is established the Fi6 > nancial Stability Oversight Board, which shall be respon7 > sible for— > 8 (1) reviewing the exercise of authority under a > 9 program developed in accordance with this Act, in10 > cluding— > 11 (A) policies implemented by the Secretary > 12 and the Office of Financial Stability created > 13 under sections 101 and 102, including the ap14 > pointment of financial agents, the designation > 15 of asset classes to be purchased, and plans for > 16 the structure of vehicles used to purchase trou17 > bled assets; and > 18 (B) the effect of such actions in assisting > 19 American families in preserving home owner20 > ship, stabilizing financial markets, and pro21 > tecting taxpayers; > 22 (2) making recommendations, as appropriate, to > 23 the Secretary regarding use of the authority under > 24 this Act; and > 16 > O:\AYO\AYO08C32.xml S.L.C. > 1 (3) reporting any suspected fraud, misrepresen2 > tation, or malfeasance to the Special Inspector Gen3 > eral for the Troubled Assets Relief Program or the > 4 Attorney General of the United States, consistent > 5 with section 535(b) of title 28, United States Code. > 6 (b) MEMBERSHIP.—The Financial Stability Over7 > sight Board shall be comprised of— > 8 (1) the Chairman of the Board of Governors of > 9 the Federal Reserve System; > 10 (2) the Secretary; > 11 (3) the Director of the Federal Housing Fi12 > nance Agency; > 13 (4) the Chairman of the Securities Exchange > 14 Commission; and > 15 (5) the Secretary of Housing and Urban Devel16 > opment. > 17 (c) CHAIRPERSON.—The chairperson of the Financial > 18 Stability Oversight Board shall be elected by the members > 19 of the Board from among the members other than the Sec20 > retary. > 21 (d) MEETINGS.—The Financial Stability Oversight > 22 Board shall meet 2 weeks after the first exercise of the > 23 purchase authority of the Secretary under this Act, and > 24 monthly thereafter. > > > > -- Mark M. Kahle Blessed are the bewildered for they don't know the difference.... Me --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
