Image by MichaelTRuhl via Flickr
"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 fundsSo, 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.