Quote:
Originally Posted by John41
No big secret. Treasury has already disclosed who got the money and who, like Harvard, had to give some back thanks to the Treasury. What irritates me is that some of that taxpayer money is going to criminal illegal aliens. And some states want the taxpayer to bail out their pension funds. Also these states were involved in distributing some of the money, not just the Treasury, and their antiquated COBOL systems aren’t up to the job.
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COBOL is not the problem, when you don't upgrade your hardware to take care of future problems, then you create a problem. If you never heard of DOS (denial of service) then it means that a company's server (or the states or city or whatever) gets overwhelmed by the number of requests it gets. You can't put 10LBS of rocks in a 5LB bag. The state (or whatever) needs to upgrade, but that takes money and time.
But to your first point, the $500B in this last round was not disclosed. It IS our money and we are not talking national security here, just business that got our money.