Posted on 02/21/2014 5:16:37 AM PST by cotton1706
Matt Bevin ran a company, something Mitch McConnell has not done.
While running that company, Matt Bevin put his signature on a prospectus for his company in which the company touted the economic benefits that would be derived from TARP. Pretty much every financially oriented business in America did the same at the time. Thats what Mitch McConnell, George Bush, Hank Paulson, and virtually everyone in Washington was telling everybody.
Matt Bevin did not vote for TARP. He did not lobby for TARP.
Mitch McConnell not only voted for TARP, but he whipped up votes for it. McConnell called passing TARP one of the finest days in the Senates history.
Mitch McConnell and his supporters are now attacking Bevin for touting the positive economic benefits to his business from TARP. It is, they say, hypocrisy for him to beat up McConnell for voting for it.
I think we should get rid of federally subsidized student loans. I sure used them though. Under our existing system, I could not have afforded law school otherwise. Doesnt mean I dont think we could have a better system and less costly schools if we got rid of federally subsidized student loans. And if theyre around when my kids are ready for college, we may use them.
I want lower taxes. But I drive my kids on roads paid for with those taxes. Should that mean I should support higher taxes?
The arguments McConnell supporters are making against Bevin on this issue are the same arguments Democrats make against Republicans who want a roll back of the welfare state and a reduction in the size and scope of the federal government.
Is it any wonder these people are supporting a man who handed a blank check to Barack Obama?
(Excerpt) Read more at redstate.com ...
Send the turtle home and back in his shell.
> I want lower taxes. But I drive my kids on roads paid for with those taxes. Should that mean I should support higher taxes?
I think the real problem isn’t putting the taxpayers on the hook to pay a little more taxes. Its that the “taxes” end up being a pretext for more funds they can raid and divert into their own backpockets.
He did NOT sign the report itself, just the accounting certification. It was NOT investment advice delivered over his signature, as most reports state or imply.
He did not write, let alone endorse, the economic forecasting stuff (the forward-looking statements) which attributed growth in asset prices to TARP (and essentially treated it as positive).
Liars with an agenda other than the truth are portraying this as something big and evil.
But he's got to do the inspiration thing. We've been stung before by people who made great promises in order to get elected, but turned their backs on us as soon as they got to DC.
How about an impassioned speech about how the feds are making it near impossible to start and grow a small business?
If promoting TARP benefits for your business is bad, isn’t it worse if you promoted TARP and are directly responsible for the $100 of billions you personally authorized be spent, taxpayers money?
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