How much of the Obama porkulus will be lost to fraud?

...and who will be the ones who aid and abet the fraud?

Market Watch:

"Swindlers, con men, and thieves could siphon off as much as $50 billion of the government's planned stimulus package as the money begins flooding the economy in coming months, according to David Williams, who runs Deloitte Financial Services Advisory and counsels clients on fraud prevention.

Williams predicted that about $500 billion of the total $787 billion stimulus would be channeled into the traditional procurement network for government contracts, while the rest will be spent directly by the government or outside the corporate network."

Meanwhile, the Enabler-in-Chief chimed in:

"We're going to do it continuing to operate in a transparent fashion so that taxpayers know this money is not being wasted on a bunch of boondoggles," Obama said at the White House on Monday."

"Transparent fashion"?

Don't make me laugh.

The behind the scenes thuggery for which you're already responsible, in less than 150 days in office, is simply mind-boggling, and makes a mockery of your use of "transparent".

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