BRIEF-Republican senator blocks US Treasury bailout program watchdog

[DogPoundPup]

Source: fx street.com Reuters

WASHINGTON, Nov 21 (Reuters) - Sen. Christopher Dodd, a Connecticut Democrat
and chairman of the U.S. Senate Banking Committee, on Friday:
* Said the nomination of Neil Barofsky to be watchdog of the U.S.
Treasury Dept's $700 billion bailout program is blocked by an unnamed Republican
senator or senators.
* Said delay is "regrettable" and hopes hold will be lifted on Barofsky's
nomination as inspector general for the Troubled Asset Relief Program (TARP).
* Said the Barofsky nomination was cleared by all Democrats in the
Senate.


Read more: http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=5e0fe748-4534-42ca-9b3b-dc6570a44cf7

[Tempest]

1. Name him

And let's find out why he doesn't want a watchdog over the bailout program.

[Best_man23]

2. Sunshine is the best disinfectant

And much sunshine is needed here.

Name him.

[VeraAgnes]

5. I really like that concept!

:thumbsup: :thumbsup: :thumbsup:

[jkshaw]

3. This whole idea of concealing the name of congress

members being able to bring things to a standstill without being named is the stupidest thing I've ever heard of. I'd like to know who or what allows it.

[robinlynne]

8. If it is that easy, why didn't someone just block telecom immunity?

[Hugin]

4. There's a couple which come to mind...

But, he did say... Republican.

[hvn_nbr_2]

6. This whole "hold" idea makes me wonder: Why are we concerned about 60?

If one Senator can block something, then we don't need 60 to prevent filibusters. We need 100 to prevent to holds because a hold seems to be as effective as a filibuster.

Any Senator who puts a hold on anything should be publicly exposed, and any hold (if they continue to allow them at all) should have a definitive and short time limit.

[The Doctor.]

7. Now why would they want oversight on this?!?!

I mean, sheesh! How the hell can they loot the treasury more if someone is paying attention to where the money is going.

Really... it's a no-brainer.

[alfredo]

9. Accuse a random right wing Rep and put pressure on the actual senator

to either come clean or stab a fellow Rep in the back.

[aquart]

10. What does the corrupt asshole want in exchange?