Surprise! Bailout oversight not happening

I suspect that oversight is being evaded so that the public won't find out that the money has gone overseas. I can see other countries that hitched themselves to our financial wagon threatening to nationalize US commercial and military property within their borders.--Dictynna

by Kagro X

Sat Nov 29, 2008 at 01:30:04 PM PST

TPM reports an "interesting nugget" from the continuing bailout saga: an unnamed Republican Senator is blocking the confirmation of Neil Barofsky, nominated by the White House to the newly created position of Special Inspector General at the Treasury Department.

Last week, Sen. Chris Dodd, the Connecticut Democrat who chairs the banking committee, issued a little-noticed statement saying that although the nomination "was cleared by members of the Senate Banking Committee, the leadership of the Senate Committee on Homeland Security and Governmental Affairs, and all Democratic Senators," it was "blocked on the floor by at least one Republican member." (itals ours.) [meaning theirs]

TPM further notes that, "Senate rules allow any senator to anonymously block a vote on confirmation to any federal post, for any reason."