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Friday, February 14, 2025

I Don't CARE What Retributive Actions Are Taken - Karl Denninger

 Read full text: https://market-ticker.org/akcs-www?post=252825 

Why is anyone in government upset about this?  Why are people on the street upset?

Probably because they're cheating, eh?

Yeah, they are.

Outside audits are the only ones that matter.  USAID's director, I remind you, basically told Congress to stick it up their ass when they summoned her to a hearing and asked her questions about exactly where money was going.  They could have held her in criminal contempt, of course, until she produced the records and literally jailed her if she refused to comply -- but didn't.  May I remind you that both sides of the aisle didn't do that.  So much for "Congressional oversight."

They could have also zeroed agency appropriations.  May I also remind you that both sides of the aisle didn't do that either.

Now we're discovering that plenty of these very same people and their political entities were getting paid directly and indirectly with some of the indirect payments coming via campaign contributions from the very firms employees and similar that got the awards.

Gee, big shock that nobody on either side of the aisle wanted to throw the director in jail until the records were coughed up eh?

Spare me the crocodile tears and go sit on a ****ing cactus.