What We Need is a TARP Inspector
I continue to be impressed by the number of bills being introduced to amend the big financial services bailout program known as the “Troubled Asset Relief Program,” or “TARP.”
We discussed some of this earlier in a post called “Ready, Vote, DEBATE!” But here are all the current bills that have “Troubled Asset Relief Program” in the title.
It looks like Congress just plain forgot to have a Special Inspector General for the TARP. “Oopsie daisies! We were so busy spending 700 billion dollars that we forgot!”
Many more bills deal with the program. These are just the ones with “Troubled Asset Relief Program” in the title:
S. 18, The Troubled Asset Relief Program Inspector General Improvement Act
S. 3716, The Special Inspector General for the Troubled Asset Relief Program Act of 2008
H.R. 7333, The Special Inspector General for the Troubled Asset Relief Program Act of 2008
S. 3731, The Special Inspector General for the Troubled Asset Relief Program Act of 2008