This has been the week of the big 'DUH'S???"

Another one came rolling over the internet today -- Duh!!!!

Watchdog: Treasury overpaid for bank stocks

Feb 5, 2009
By JIM KUHNHENN
Associated Press Writer

WASHINGTON (AP) - A government watchdog group says the federal government overpaid for stocks and other assets from financial institutions under its $700 billion rescue program.
The chairwoman of the Congressional Oversight Panel for the bailout funds told the Senate Banking committee Thursday that Treasury in 2008 paid $254 billion and received assets worth about $176 billion.

The figures were reached by extrapolating the results of a study of 10 government transactions.

The Treasury by Jan. 23 had spent about $294 billion on more than 300 companies under the Troubled Asset Relief Program. In one bright spot, the inspector general in charge of reviewing the funds said the federal government has received more than $271 million in dividends from preferred shares obtained through the program.

And now, Obamanation is screaming and sulking because the congress won't pass this new TRILLION DOLLAR SPENDING BILL without reading a little of it!!

Lord Luv a Duck!!!!