Thursday, November 11, 2010

Obama Panel to Examine 'Stimulus' Waste...at Phoenix Ritz-Carlton

Um, excuse me - I thought Joe Biden was supposed to be our safeguard against 'stimulus' waste, fraud, and abuse.

What are we paying him for, anyway?
Members of a key panel created by the American Recovery and Reinvestment Act, better known as the stimulus bill, have scheduled a meeting on November 22 to consider ways to prevent "fraud, waste, and abuse of Recovery Act funds." The meeting will be held at the super-luxe Ritz Carlton Hotel in Phoenix, Arizona.

The group is the Recovery Independent Advisory Panel, a sub-committee of the larger Recovery Accountability and Transparency board (sometimes known as the RAT board). The stimulus bill set up the Recovery Independent Advisory Panel, or RIAP, to make recommendations to identify and prevent waste of the bill's $814 billion in stimulus spending.

"The purpose of the November 22, 2010 meeting is to allow the RIAP to have an open dialogue, with input from the public, on issues relating to fraud, waste, and abuse of Recovery Act funds," says a notice in the Federal Register. Specifically, participants in the meeting will discuss various techniques to detect and prevent fraud, waste, and abuse, as well as larger issues of transparency and public awareness. Portions of the meeting will be open to the public, while other parts will be closed.
Unfortunately, the panel's findings and recommendations will probably be released around the same time the last borrowed stimulus dollar is flushed down the toilet.

Cross-posted here.

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