The following is cross-posted at

At a roundtable in New York yesterday, Vice President Joe Biden, tasked by the President with overseeing the spending of the "stimulus" package, acknowledged the following:

We know some of this money is going to be wasted (…)

and he continued on to say:

There are going to be mistakes made. (…) Some people are being scammed already. (…) Our credibility depends on transparency.

Why, thanks Mr. Vice President. So much for a package that supposedly contained no waste, no pork-barrel spending and would be under such tight scrutiny that there would be no abuse.  If I remember correctly, the exact words coming from the President on this were:

Without waste, without inefficiency, without fraud.

So much for that.  But at least we have transparency, right? Oh, wait, that’s not working so well either, now is it … Never mind?