Wednesday, Mar. 4 2009 @ 2:57PM
This web-friendly stuff is starting to wear thin. Barack Obama's minions are bent on being so transparent that...well, you can't make up this shit.
The above is the actual text on FinancialStability.gov, showing that your government is a work in progress.
Financial stability is a long, long way off. That's a given. But even FinancialStability.gov isn't up yet.
The administration's main portal, whitehouse.gov, is still more about blogs and looking all 21st century widescreen than it is about providing basic info on White House activities. (Christ, even the Bush-Cheney regime provided more info.) And we know that budget director Peter Orszag is an inveterate blogger.
Over at Treasury, it's perfectly understandable that Secretary Tim Geithner's crew is a little behind in its work, but here's the problem: When Geithner and other Obama officials unveiled their Financial Stability Plan on February 10, they vowed, under the section "Stronger Conditions on Lending, Executive Compensation, and Reporting," for instance, to give detailed info to the public. Like the vow in this passage:
These firms must submit to Treasury monthly or quarterly reports on their lending by category. This report will also include a comparison to estimates of what their lending would have been in the absence of government support. For public companies, similar reports will be filed on an 8K simultaneous with the filing of their 10Q and 10K reports. All these reports will be put on the Treasury website FinancialStability.gov.
So, three weeks later we go to FinancialStability.gov and see this message at the top: "This site is coming soon."
Yes, there are links on the page to all sorts of information — which just makes the "site is coming soon" line somehow even stranger — but it's not the information we want (and that Treasury promised) about the firms that want the taxpayers' money.