Posted on 12/16/2008 6:32:18 AM PST by ToddThurman
Senate conservatives last week waged a hard-fought and principled battle to protect both U.S. taxpayers and the integrity of the free market against the Washington establishment that favored a government bailout of General Motors and Chrysler. By late Thursday it appeared they had won. But within hours of the end of negotiations in the Senate, the White House undercut conservatives by announcing it would consider using taxpayer money from the Troubled Assets Relief Program (TARP) to bailout the Detroit automakers. Sadly, this wasn’t the first time the White House felt entitled to use TARP funds in a manner inconsistent with how the program was sold to the American people. TARP has morphed into political slush fund and now is the time to end this program by canceling further Treasury authority to allocate funds.
(Excerpt) Read more at blog.heritage.org ...
Yet another reason for conservatives to wash their hands of Bush.
Awww, man... and JUST as I was getting ready to enter a "float"!
The "WayneS Foundation" needs a "bailout", too, you know!
;^)
“It’s not Bush’s fault” ping.
bray ;A.Hun;Blue Turtle ;Laverne ;SuziQ
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