I must point out..bush Tarp and Obama’s TARP are two different things...
Bush’s was in the form of LOANS...
Obama’s was in the form of “purchased equity”
I didnt have a problem with loans...I have a HUGE problem with Govt leverage buyouts...
And both were flagrantly unconstitutional!
There should be one set of rules for everybody.
As for the TARP “loan”, based on what I saw, a lot of that money went to bonuses for corporate executives who should have been fired.
I believe in free enterprise and capitalism. I believe in the right to succeed without government interference and to fail without government interference.
Bush was no conservative and he did a lot of screwy things. TARP was one of them.
As for Obama - the less said the better - he's a Bolshevik.
Tancredo was wrong on supporting TARP, but otherwise right on most everything else.
John McCain is a disgrace and I lost a lot of respect for Palin when she came out in support of this twisted, vicious venomous, RINO thug.
Wouldn’t legislation that confiscates bonuses given to specific groups be a bill of attainder?
Just asking.
Oh, c'mon. I voted for Bush twice - but he was a complete failure economically.
That $700 billion dollar bailout was a travesty - and Tancredo knew it. He also led us to believe that he was voting against it until the day of the vote.
He lost my respect that day in the political arena.