Where Has All the Money Gone?

I applaud Alan Grayson for his pursuit of the Auditor General of the Federal Reserve in this video (which must have been made before last November's election when he was defeated). The subject matter is perhaps a bit arcane but the take home message is that the Obama administration is spending trillions of dollars that we don't have, and nobody seems to know where the money is going:

After spending almost a trillion dollars in stimulus money last year Mr. Obama is asking for more in his current budget. Yet no one can say where the bulk of the last stack of money went. This has to strike anyone who watches it, even a left-wing progressive like Grayson, as insane.