You would have to wonder, if FR was around during the 1980s, how many would have thrown Reagan under the bus for bailing out the S&Ls.
Probably all too many -- especially since it was Bush I who bailed them out and not Reagan.
posted on 12/08/2012 3:35:44 PM PST
(Workers and consumers are, of course, identical.)
Thanks, I didn't realize. Reagan injected funds into the FSLIC, but the big bailout came later. Making the comparison between TARP1, TARP2, etc., even more apt.
posted on 12/08/2012 3:51:53 PM PST
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson