2009-07-22google.com

"Yes, sure, Bernanke talked today, so did Neil Barofsky, and so did scores of Capitol Hill dwellers. But they didn't say anything, because none of them ever do in such settings. One thing I did find interesting to see is that the Treasury has launched an effort a while ago challenging SIGTARP's legal status, effectively forcing the agency to use a lot of its time defending itself. Against what? Against being under direct control of the Treasury, the very department whose actions SIGTARP was set up to evaluate. Mr. Barofsky looks like a brave enough man, the Congressmen and women talking to him do not. They should stand up for their man, but they don't. Well, enough of that, it’s after all just theater. And then there's a real world."


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