Trillions In Stimulus Cash Has Been Distributed With “Barely Functional” Oversight

Read more on this subject: Government Debt & Financing
News Story Source: by Tyler Durden
 At the same time, politicians on both sides of the aisle are scrambling to establish order in the form of various oversight panels and inspectors general, according to Bloomberg.

In fact, it was found that some of the oversight bodies responsible for tracking the money are "barely functional". This comes after $2 trillion in stimulus cash has been doled out. Many, including Peter Schiff, predicted months ago that printing and distributing such a vast amount of money would inevitably lead to fraud and misuse due to the government's inability to track the money.

Now that's exactly what's taking place. Meanwhile, a special inspector general, Brian Miller, has only been sworn in recently and is already facing questions from Democrats about his ability to be independent.

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