http://blownmortgage.com/2009/04/21/the-blame-game-part-v-transparency/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 http://blownmortgage.com/2009/04/21/the-blame-game-part-v-transparency/comment-page-1/#comment-55258 Aaron Krowne Tue, 21 Apr 2009 21:16:33 +0000 http://blownmortgage.com/?p=2967#comment-55258 The reason the levels of transparency the public demands may not be "possible" is because the United States was simply never chartered to engage in these sorts of ad-hoc, narrow (not general welfare), open-ended bailouts. The Constitution clearly states that all spending must be clearly appropriated; the government only has two choices in response to this requirement. One is to go with the level of transparency intended, but expose all the cronyism for all to see, the other is the declare a perpetual state of "emergency" and place all its actions under the rubric of emergency response. Obviously, they are on the horns of a dilemma, and neither route chosen is going to quell the masses (rightfully so). The reason the levels of transparency the public demands may not be “possible” is because the United States was simply never chartered to engage in these sorts of ad-hoc, narrow (not general welfare), open-ended bailouts. The Constitution clearly states that all spending must be clearly appropriated; the government only has two choices in response to this requirement. One is to go with the level of transparency intended, but expose all the cronyism for all to see, the other is the declare a perpetual state of “emergency” and place all its actions under the rubric of emergency response. Obviously, they are on the horns of a dilemma, and neither route chosen is going to quell the masses (rightfully so).

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