Audit: $111M In Stimulus Funds Leads To Only 55 LA City Jobs

I heard this on MSM but Shaza sent me the hard copy. What a joke. This just goes to show you that government cannot efficiently create a job. Helicopter Ben needs to warm up the engines and drop money. QB

An audit released today determined that the two Los Angeles city departments that have received a combined $111 million created or retained only 55 jobs with the money.
"I'm disappointed,'' said City Controller Wendy Greuel, whose office conducted both audits. "While it doesn't appear that the ARRA (American Recovery and Reinvestment Act) funds were misspent, the city needs to do a better job of expediting the process and creating jobs.''

Are you f#$%ing kidding me? She says the money doesn't appear to have been misspent? Then where the hell did it go? 111 million blown on what? I want to know where in the hell the money went? This should cause riots in the streets. 55 jobs for 111 million? Who got the money? That is over 2 million per job. Heads should roll.