2009 Stimulus Spending – Waste and Fraud

The first thing the All Democrat Obama Leadership did was BORROW $840 Billion to “stimulate” the economy and “help create jobs.”

We’ve seen how well that worked!

Chrissy’s Site Bites @ http://news.webshots.com/photo/2285332080056011884qarLow

Chrissy’s Site Bites @ http://news.webshots.com/photo/2330192460056011884dWktRB

Now, we learn some of that high-cost, low-return money was pissed away on waste and fraud.

To date, government inspector generals have secured 598 judgments against people and companies who misused $11.1 Million in stimulus funds.

There are 1,900 more investigations still open!

A senior official says they expect that $11.1 Million figure to balloon in coming months.

For example, one of the cases nearing conclusion is by an Energy Department inspector general who discovered the California energy commission collected the same $678,000 twice. Oooops.

In 400 other cases, investigators found the companies claiming stimulus funds didn’t exist. Apparently nobody checked, just sent the money.

Color me cynical, but I have to wonder how many of the recipients were Democrat donors.

Source:

Feds have more than 1,900 investigations open into alleged stimulus wrongdoing

By John Solomon – October 15, 2012

http://www.washingtonguardian.com/stimulating-investigation

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