Mitt Romney is a Liberal, Part 1: Romney supported TARP (06/16/2011)

Poor Richard's News ^ | 06/16/2011

[JPII Be Not Afraid]

I understand your emotions and your reasoning through this process, however, Romney is the only candidate, given his left-wing, Progressive Liberal record, that guarantees the re-election of Obama.

We need a Phoenix!

[A.Hun]

It should never have become necessary, but once the financing was needed, there was no choice but to do it.

My sentiment exactly.

[A.Hun]

Banks that have made mistakes need to fail.

It would have been the shareholders and the customers that would have shouldered the burden. The ones running the banks would simply have reemerged after the bankruptcies and started again.

Have you ever had a commercial loan? If so, you would have noticed a clause that allows the lender to call the note in with 30 days notice....how many firms would have collapsed when the banks, desperate for funds, had done just that?

The QE's had nothing to do with TARP or the banks. FWIW, I agree with you about them. All they have done is inflate the stock markets.

Like it or not, TARP was the right thing to do.

[Mad Dawgg]

I've been told by several people right here on Free Republic that it does not matter about Romney's past, it only matters about what he says he will do in the future.

There is a good example of such behavior on this thread: OK, I'll Vote For Romney, But... (Yes, this is a Vanity)

So I guess we FReepers are not allowed to view past actions as evidence for purposes of who to vote for. And if you take such an idea to its logical conclusion it should be OK to vote for Obama if he proposes to start governing as a Conservative.