Ryan B calls for Investigations and Accountability of TARP Funds

December 28, 2009 by  
Filed under Business, Federal, World

Brian "Ryan B" Doyle Candidate for Congress

Brian "Ryan B" Doyle Candidate for Congress

Investigations and Accountability – WHERE DID THE MONEY REALLY GO

VOTE BRIAN “RYAN B” FOR INVESTIGATION AND ACCOUNTABILITY

I am calling on Congress and the Department of Justice to investigate former Treasury Secretary Paulson and the Corporations that received TARP Funds.

It seems that we and the Federal Reserve gave trillions of tax payer dollars to wealthy corporations only to have it disappear without any benefits being realized by us.  We gave away enough money to pay off every home mortgage in the country.  Now that would have been a stimulus.  The banks would be paid, the “derivative” problem would be solved and the American people and our economy would have a real stimulus.  Families who don’t have a mortgage to pay off could receive an income tax credit so they would be stimulated too.

The executives are still getting their huge bonuses, with our tax money.  I want to see an investigation concerning how much of the TARP money made its way back into the pockets of the same greedy politicians who gave away in the form of campaign contributions and other “pac” money. We have seen hard working citizens’ retirement savings and benefits disappear overnight.  People worked hard every day for their life saving only to see executives on Wall Street and banks and mortgage companies motivated only by greed cause one of the greatest collapses in American history.

Now where I’m from to mislead and steal from people is a crime!  I notice that our now Treasury Secretary has yet to call on the Justice Department to investigate how and why Americans were “raped” at the hands of Executives.

My first day in office I will call for investigation to see where, when and how these funds were used and why tougher restrictions were not issued controlling where our money went.   Geithner has failed us.  He has allowed the American people’s money to be stolen and given to big executives’ as a flat out gift in the form of undeserved bonuses and he has failed to turn this over to the Justice Department for a full investigation of Executive wrongdoing.

CTI Corporation received $2 billion dollars of our money with no accountability only to come back to the treasury to ask for more before filing bankruptcy after being denied additional funds.

Where is the accountability for the $2 billion dollars?  WHERE DID IT GO???   Where are the independent audits and investigations into the spending of taxpayers’ money by these banks and investment groups?  Where is our Treasury Secretary? Who’s guarding the hen house? It’s clear to me that the bankers are guarding the bankers.

I will not stand for the misuse of the our tax dollars and I demand full and complete investigations.  I hope that none of our elected officials in Washington are embarrassed when it turns out they received hundreds of thousands of dollars from the very people who got our money and did nothing to help us with it.

www.briandoyleforcongress.com