Remember the Troubled Asset Relief Program (TARP) that was originally passed to purchase toxic assets from banks but then, in a classic bait and switch, was spent on bailing out troubled banks instead? Well, the good news is that some of the banks, to escape onerous government interference and micromanagement, are actually paying back their [...]
Filed under: Blog Entry | Tagged: 2010 Midterm Elections, Barack Obama, Ben Bernanke, Budget Deficits, Congress, Democrats, Economy, job, National Debt, Republicans, Stimulus, TARP, Troubled Asset Relief Program, U.S. Treasury, Unemployment | Leave a Comment »
