Democrat Controlled Congress passes the buck.

OK so now Carl Levin, the most worthless Senator in congress next to Harry 'Ass' Reid, is trying to make up for the lack of oversight with regards to the $700B bailout of the banking and Wallstreet big boys. The failure of Congress to put some sort of stipulation on HOW the banks were going to use the money was a HUGE after thought. But of course the Democrats did manage to stipulate one thing. That the CEO's of these banks and such take a huge paycut. Doesn't surprise me one bit.
And congress now has egg on their face because the financial institutions are saying they have no way of tracking what actually happens to the money. (yeah, BS)
Their way of just telling the Federal Government 'Thanks for lining our pockets with cash... wait, you want us to do WHAT with it?? HA!!!'
But NOW the folks to our 'left' (who control and will control Congress for the next 2years, at least) are pointing the finger at, you guessed it, President Bush for HIS lack of "accountability" on this whole thing. For god sakes.
Passing the buck, one last time before the liberals 'messiah takes the reins of the country.
These liberal "congressmen (and women)" are like children. Can't take ANY responsibility for THEIR lack of accountability on a bailout which THEY approved.-LNN

BLOOMBERG NEWS - U.S. Sen. Carl Levin, chairman of an investigative panel, said Sunday that he'll issue a subpoena to the U.S. Treasury Department to obtain a contract with Citigroup Inc. for the $25 billion the bank received from a federal bailout program.
The Treasury Department has provided only a form that it requires recipients to fill out without turning over the contract, Levin, a Michigan Democrat, told reporters at the Capitol. Citigroup got the funding under the Treasury's Troubled Asset Relief Program in October.
"I'm going to subpoena a document which should not have to be subpoenaed," said Levin, chairman of the Permanent Subcommittee on Investigations. "I want to see whether the actual contract with Citibank is the same as the form."
The demand, which Levin said he'll issue to the department this week before its leadership turns over to President-elect Barack Obama's team, reflects the anger of Democrats who say the Bush administration botched accountability for the $700-billion financial rescue program. Lawmakers are demanding stricter terms before considering releasing the second half of the funding.
"I want to see what commitments were made before we vote on another $350 billion," Levin said before Democrats met behind closed doors with Obama advisers on an economic stimulus package.
Levin questioned whether financial institutions had to submit to terms as strict as were laid out for automakers that received part of the rescue funding. He said he wants to see whether they had to meet conditions such as revising mortgages so that homeowners facing possible foreclosure could stay in their homes.
Treasury officials weren't immediately available to comment.