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Bankster Bailout Money too "Fungible" to Be Traceable

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opednews.com

The government couldn't follow the money it gave away to the banksters because of it being too "fungible."

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"I think that Treasury Department puts out monthly reports on the lending activities from banks. Again one of the suggestions was, in some ways being able to follow what might not be, according to us, followable. In other words you have the fungibility of money that is not put in a separate TARP lending account for the deposit and guarantee in Auburn, Alabama, for us to measure the increase in lending. The administration believes that that transparency is important but can be done better in measuring the increase in that lending. But it is going to be hard to follow, again, something as fungible as money moving from one bank to the other."

-- Press Secretary Robert Gibbs giving a load of nonsense and gobbledygook in a press briefing regarding the lack of transparency regarding the TARP funds

So, I guess the government couldn't follow the money it gave away to the banksters because of it being too "fungible."

So if you don't want the government to track your income just make it fungible.

Like everyone else you may not know exactly what fungibility means, but whatever it means it is a good word to hide the massive fraud that occurred with the bailouts.


 

I work as a school counselor and mental health counselor in Gallup New Mexico.

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Yeah I by shadow dancer on Friday, Jul 24, 2009 at 6:43:10 AM
Everyone has to Pay by Grant Lawrence on Friday, Jul 24, 2009 at 4:55:59 PM
Everyday I Am by shadow dancer on Friday, Jul 24, 2009 at 5:56:21 PM
Every day you are ... by Guy Dwyer on Saturday, Jul 25, 2009 at 7:08:01 PM