Bush’s Legacy Of Squandering Taxpayer Money

[DogPoundPup]

Yesterday, President Bush announced his $700 billion plan to buy out troubled financial institutions.

Bush is demanding unprecedented control over billions of dollars — with no oversight. His history of mismanaging taxpayer dollars should make Americans skeptical of his buyout plan (see itemized lists at Think Progress link below on):

IRAQ RECONSTRUCTION

KATRINA

DEFENSE CONTRACTS

Given Bush’s history of gross fiscal mismanagement — including an unprecedented number of no-bid contracts and Bush’s resistance to closing fraud loopholes or increasing oversight of contracts — why should Americans trust another $700 billion to his care? Paul Krugman writes, “Let’s not be railroaded into accepting an enormously expensive plan that doesn’t seem to address the real problem.”
http://thinkprogress.org/2008/09/21/bush-legacy-taxpayer-funds/

[dkf]

1. Not to mention his history of rampant cronyism.

[struggle4progress]

2. k&r

:kick: