CNN

In case you can't read fast enough! Government bailouts need to stop. If the Government is going to continue bailing out these big corporations that have already made billions from the American People, the small businesses will not be able to compete. If the government would just let the Giants fall the small businesses would pick up the pieces and grow. The individuals that lose their jobs in the big companies would find jobs at the small businesses that would be growing.

I love obama and hes website, they are so funny – he will seriously have as many websites out as he does bailouts one day and they are all just ploys to make you THINK there is transparency. Kinda like the bailout website that has billions of dollars in the "Other" category. Idiots...

Mari March 31st, 2009 3:58 pm ET

Considering the secrecy of the Bush administration, this is refreshing. Of course, what can we expect from the far-right but more criticizing? Typical.

No new ideas. No new solutions, just more of the same vile.

Does anyone else notice how the far-right spews the same "talking points" over and over?

Again nothing new!
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Wow you can substitute far-right with far left and it works when any republician is president. All these politicians are full of it, including Bush, Obama, and all of Congress.

I would like to see how its ok for GM to go through a bankruptcy now, where before according to the dems they were too big to fail. No one would buy a car from a bankrupt auto maker! Now its ok since Obama said it.

Enlightened Voter March 31st, 2009 4:53 pm ET

avg.joe – FACT: bush racked up the national debt more than any president preceding him. FACT:the AIG bailout was written by bush and paulson. FACT: bush didn't stop 911 which happened on HIS watch. FACT: you are delusional bud, get a grip, stop listening to rush and faux news and get the FACTS. YOu really sound ignorant but then you are a typical rethuglican.
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FACT....Obama is going to triple the debt

I've said it before and I'll say it again: the most transparent thing in DC is the GOP's political gameplaying.

Obama's administration might come in a close second with his websites, etc., but nothing beats some good old fashioned fabrication and incessantly repeated talking points.

Brian Crooks,

The debates were repedative... he didn't destroy McCain, he just got alot of idiots to follow his stupid lead and he is continuing to do so until there will be nothing left.

What they are doing in the name of "Financial Stability" is throwing good money after bad money in: irresponsible homeowners, financial institutions burdened with bad debt, and the same automakers we have been bailing out since the seventies. Not only are we wasting money, we are taking out loans to do it. There is no way that taxes won't go up on everyone to pay these loans off, there's no other way to do it. As taxes go up the economy gets worse and more loans will be taken out by Obama to prop up more failing companies.

What you are seeing is the blatant destruction of capitalism in favor of socialism. Hope you like waiting in line for bread and not having natural gas in the winter because that is exactly where we are heading.

Enlightened Voter,

Big O did not inherit anything the dems didn't vote for the last two years. If they were all wise and knowing why didn't they stop it when they had the chance. OOOOOh thats right Obam didn't vote he was just present.

March 31st, 2009 5:10 pm ET

Enlightened Voter,

Why does your Bud only know how to read a teleprompter. He is going to look really stupid meeting other diplomats with that thing in his face. Doesn't he have any inteligent thaughts that don't have to be spelled out for him?
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Is that why he completely destroyed McCain in THREE consecutive debates where there was no teleprompter? Or how about the countless town halls he has done with no teleprompter? Or how about that ringing speech Sarah Palin gave at the RNC...what's that? Oh she had to use a TELEPROMPTER for that speech? Well my stars, I thought she did that on the spot!!

avg.joe – once again you need facts. Here they go FACT: President Obama inherited bush's debt, so President Obama's budget incorporates bush's enormous debt plus his own spending. FACT: bush's money was spent in IRAQ, President Obama's money is spent in America. I do get my news from all sources that is why I can be honest and objective. You ought to try it sometime instead of just spewing your rabid hate for anything liberal.

Enlightened Voter,

Why does your Bud only know how to read a teleprompter. He is going to look really stupid meeting other diplomats with that thing in his face. Doesn't he have any inteligent thaughts that don't have to be spelled out for him?

Kevin in Ohio, you should be partners with Joe the not Plumber. President Obama has done in what two months than Bush did in eight years. If your pea brain can think, go on the sight and the Recovery.Gov. and see what roads are being repaired or are you satisfied driving down the road and miss one pot hole and hit another.

Enlightened Voter,

So what Big O is going to make Bush's debt look like pennies.
But what idiots voeted for it.
Yeah Bush really had time to prepare for 911.
The ignorate one's are the people that get their news from only one source I have favorites on all networks even the communistic ones...

Why doesn't FinancialStability.gov tell us the we are borrowing the money from China?

In fact, only three documents on the site make any reference to China: (1) one refernce to China lending money to Latin America, (2) 12 references in GM's bailout report (written by GM) describing what China will do once GM goes under and (3) Timothy F. Geithner's resume reports he used to live in China.

You know, for a paltry little teeny, tiny, teeeeeeny, tiiiiiiiny little minority, the 33% of people who disagree with President Obama are awfully well represented on these blogs. When I read the crazy far right rantings, I take comfort in the fact that these people are ONLY 33% OF THE COUNTRY! PHEW! Thankfully, the other 66% aren't blindly driven by repressed feelings of loneliness because the cool kids didn't invite us to their makeout parties in the 9th grade.

When will the GOP provide details (at least numbers) on their alternative budget?

No More Incumbents – judging by those 'people' at the mccain/palin rallies I suggest Jane GA be a republican. No offense, but there were nothing but illiterate, high haired, snaggle tooth, religious fanatical racist bumbkins at those rallies. You'd obviously fit right in too.

In case you can't read fast enough! Government bailouts need to stop. If the Government is going to continue bailing out these big corporations that have already made billions from the American People, the small businesses will not be able to compete. If the government would just let the Giants fall the small businesses would pick up the pieces and grow. The individuals that lose their jobs in the big companies would find jobs at the small businesses that would be growing.

Key Question: Will this website be as devoid of content and as useless as Recovery.gov?

Its not about gimmicky websites, comrade Obama. The damage has already been done with your reckless spending, we can all rest assured the money will be squandered. That is how government works.

avg.joe – FACT: bush racked up the national debt more than any president preceding him. FACT:the AIG bailout was written by bush and paulson. FACT: bush didn't stop 911 which happened on HIS watch. FACT: you are delusional bud, get a grip, stop listening to rush and faux news and get the FACTS. YOu really sound ignorant but then you are a typical rethuglican.

TCM – "Obama and administration have already proved that they're liars through the lobbyists"

I guess that's why a bunch of lobbyist groups are suing the administration. Another smoke screen right?

Jane Ga,

Please become a Democrat. You are too illiterate to be a Republican.

Moving Forward, I beg to differ all those that lose their jobs in those industries would be replaced with the smaller companies that grow. The demand for cars, insurance, ect is still going to be there. It may be on a smaller playing feild for a while but it would more than likely grow because fewer people would be hurting.

For the comment listed above, I thought us "libs" were the hippies running around having acid dreams and hallucinating…but I guess not. Some of you GOPers live in very sad delusional worlds.

God peel off the blinders for those who can not see that right now America is on a collison road! By what Constitutional authority does our President step into private companies–private lives–taking and choosing who "HE" wants to run companies–stepping over the BOARD OF DIRECTORS–and dictating what they will or can do such as with GM–Now Obama's message was SHAPE UP OR WILL SHIP YOU OUT across the seas to work with another automaker!

@SNIFFITT -

Sniffit March 31st, 2009 3:29 pm ET

has anyone else noticed how every new website launched contradicts what's going on?

is this a case of, let's show them what they want to hear and they'll buy it?

ABSOLUTELY TRUE!!!!!!!

@John in Ohio -

You're exactly the type of guy that believes what Obama's showing you....and that's exactly why the country's in trouble; due to liberal ignorance.

Can someone please enlighten me on any promises the Big O has kept? And quit cring about this being handed to him he with all the Demonacrats controled the house and the senate the last two years and if they had any balls they could have done or not done just about anything they wanted.

it's all a smoke screen....the term "transparency," isn't valid; just as "Hope and Change," were buzzwords. Obama and administration have already proved that they're liars through the lobbyists, the tax cheats, the signing of bills without 5 days of "sunshine," one big load of horse crap. This website is just another pretty little propaganda site where numbskulled liberals can go to make believe Obama's getting the economy on the right track, and to make themselves feel better about their uneducated vote...see...see...the pretty little colors and graphs...huh, libs?

I think this is a great idea, nothing like putting businesses under the scrutiny of the american people and the government! It will be some what uncomfy for businesses who have tried to cut corners and duck taxes because they won't be able to use the old rational "Whose going to know!" well, everyone will now!

@avage joe: Big Corporations take many, many people with them when they fall. The auto industry would take factory workers in many communities and the communities themselves, veders & suppliers (parts and raw materials to make the cars), truck drivers who bring the new cars to local dealerships, the dealerships themselves who depend on Detriot for inventory, the states who depend on the sales tax from new car sales, the DMV who registers new cars, repair shops who depend on repairing cars, car insurance salespeople and I could go on. Bailouts SUCK, but life would be HELL for tens of millions of folks if we didn't bailout these bozo's out, but the cost SHOULD be high scrutiny so this never happens again!

More information on how the government spends the money? Increased transparency? Boy, I can't wait to see what reasons the Republicans manufacture to be outraged about this...

Mr. Tim Geithner, the people would like to know how many people are on your staff to assist you in making and advising the leaders of this country?

Has President Obama been able to reduce the monies for the war in Iraq? Obama kept talking about how much the war was costing so how much is it now? How much did you spend on monies to deploy the troops to Afghanistan recently?

Last, but certainly not least, ARE YOU GOING TO INCREASE FUNDS FOR THE MILITARY AND EQUIPPING OUR TROOPS FOR ALL THE UPCOMING EVENTS –KNOWN AND UNKNOWN!

Tim Geithner–since all the financial matters appears to be in your hands–answer these questions!

And here I thought us "libs" were the hippies running around having acid dreams and hallucinating...but I guess not. Some of you GOPers live in very sad delusional worlds.

Vince, I do not beleive you are right. If the big corps fail their stock not all the others would disolve, which should make others pick up. Where do you think all of are lost savings is winding up?

A website.... just like a piece of paper... only shows you what is written on it.

Good News! According to FinancialStability.gov, the bailed out ARMs will turn back into ARMs in five years. Of course, fat bankers will still keep the "incentive" money and then foreclose all over again. Will we ever learn?

Good News! According to FinancialSecurity.gov, the bailed out ARMs will turn back into ARMs in five years. Of course, fat bankers will still keep the "incentive" money and then foreclose all over again. Will we ever learn?

What you hear from politicians isn't always what the politicians are saying! When Obama was concerned about AIG–etc, he knew then that he was going into the private sector and demand a resignation from GM's CEO! Now we know the rest of the first part of Obama's power/plans.

Kevin in Ohio – I'm not sure The president is the one on the campaign trail. Get over yourself already! You seem to be on the attack even before 2012.

And if all of this isn't scarey enough we got bo overseas trying to convince other countries to go along with his plan to regulate how much anyone working in the banking industry makes. Whether or not the bank took bailout money or not! This is a total dictatorship!!

Enlightened Voter get a clue GWB did not bankrupt this country spending all our money in Iraq. He did protect us from more terrorist attacks, which Big O will never do he's to affraid to say the word. The Big O isn't spending all his stimulus money in America. He is giving it all blindly to the thugs in these big corupations.

Transparency could make the American Taxpayer even more angry about how their money is being spent and the lack of oversight that we've had in this country.

pete March 31st, 2009 4:03 pm ET

Ok get this. They want to now control all employee pay. EVERYONES, NOT JUST THE CEO'S in the banking world.

Will that be before or after they build the NAFTA Superhighway?

Pete, we have real problem right now that need real solutions. We don't need a litany of conspiracy theories with solutions that only the people pushing them can claim to provide.

I appreciate the effort. Thank you Obama Administration!

@ "sniffit" who said "has anyone else noticed how every new website launched contradicts what's going on? is this a case of, let's show them what they want to hear and they'll buy it?"

That's right. [Insert GOPer co-opting regular liberal blogger's moniker and saying things he'd never say]

Try whatever you want to blunt the damage this does to the GOP, who set the gold-standard for secrecy, recalcitrance and un-responsiveness to public demands over the past 8 years...invent your conspiracies, fabricate new "facts" to contradict the real ones, or simply go on rants of denial. NOBODY CARES BECAUSE NOBODY'S LISTENING.

Obama is an awesome President. Good Job Mr. President.

Will the military budget be in there as well? Because we all know that this is the biggest expense that we are facing.

Ok get this. They want to now control all employee pay. EVERYONES, NOT JUST THE CEO'S in the banking world.

meh and AnnMM - I am giving Obama every bit as much respect and understanding that Bush received from the left wing the past 8 years. There is ZERO reason to trust this man.

Considering the secrecy of the Bush administration, this is refreshing. Of course, what can we expect from the far-right but more criticizing? Typical.

No new ideas. No new solutions, just more of the same vile.

Does anyone else notice how the far-right spews the same "talking points" over and over?

Again nothing new!

avg.joe – to some degree you may be right, but there would be a lag. During that lag, the financial system would crumble crumble furhter than it has, resulting in even further losses in the stock market (including peoples retirement funds and so forth) and further tightening in lending, which would lead to more lost jobs (those small businesses would not be able to open without loans) declining home values etc. Further, when the dust finally settles, do you really think the small independent business would thrive? Most likely, some mega corporation that somehow profited off of (or at least survived) the whole mess would further expand their grip on us (the consumers). I think it sucks that corporate greed was allowed to get us to this point and that we are in a position where THEY have US over a barrel (even though THEY are the ones that have failed), but there are many mistakes of past administrations that are to blame.

Some people would rather live in fear and ignorance.

I have very happy that we have obama as our president. I thank GOD I did vote for president obama. Our party Republican is now a party of trash. They better start supporting president obama on some of his agend if not I will never vote for them again. Our party (Repubilcan's) are just looking out for themself instend of looking out for us.
Now our party is now called party of No.
Obama is the right president at the right time.
president Obama God bles you and your families for the good jobs you are doing for all of us.

Whether you beleive this site is legitimate or not, it provides information that news agencies, private companies and individuals can all use to reference and check facts against.

So before ranting about how this site is just more wool for the eyes of the sheep, how about you present some direct contradictions from your own research before you open your mouth and sound like an idiot by complaining about any attempt at transparency simply because you didn't vote for the guy.

ave.joe is on to something. I do not feel like the big ones should be allowed to fail and still get paid, but it was Bush who started TARP. Obama should let them fail and let the little guys move up the latter. But since this is the tact he has taken at least he is being above board and transparent. He may be wrong headed (only time will tell that), but he is not corrupt.

who cares? i'm done with these online gimmicks.

Yet another important step to let the PEOPLE see what's really going on. I can't wait for the health care debate to be broadcast on C-SPAN so we can see the Republican Congressmen and Senators try to justify making no changes to the current system.

Government bailouts need to stop. If the Government is going to continue bailing out these big corporations that have already made billions from the American People, the small businesses will not be able to compete. If the government would just let the Giants fall the small businesses would pick up the pieces and grow. The individuals that lose their jobs in the big companies would find jobs at the small businesses that would be growing.

Kevin> Don't you ever have anything positive to say about anything? You must be a miserable person. Sheesh.
Yes, he is being transparent about how money is being spent, as he promised...and somehow this is a bad thing?

Will the real Sniffit please stand up? Perhaps you should take your own advice. I know it pains you to see a president that shows his cards instead of palms them like Bush. Kind of prevents you from having a legit grip. Fret not, this is all part of Rush operation chaos.

Thanks for the transparency President Obama, how refreshing and what a nice change! Let';s see how those rabid rethugs spin this into something negative. BTW GWB bankrupted this country spending all our money in Iraq. President Obama is spending all his stimulus money in America and the rethugs have a problem with that!

I hate to beef up the GOPers with words of the past administration but could you imagine any transparency with the Bush administration. Did they even know how to spell the word?

And McCain...I don't think he would have been able to direct a web presence. Heck he's just now figuring out how to Twitter.

Obama is the right president at the right time.

Do you want him to get to work or go away. Kevin in Ohio you never have anything good to say but even your grips contridict themselves. Even when he is transparent you cry. Other times you think he is up to something but not telling us. Go back to Europe if you dont like it.

.... and the morons will complain about this amazing transparency.... see Kevin in Ohio and Sniffitt for explanation.

People are begging for transparency and this is a another great step towards it. I appreciate this as long as it's kept up to date.

Gee---a website with disclosure of how your money is being spent--didn't see the transparency screen of the "under the table" funding being circulated abroad--another government "Twitter,"--–don't you feel included?

Oh cool, another Obama "transparency" website! Admit it, Obama, you are still on the campaign trail. Get to work, please.

Good move. Now lets see what happens.