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Bush on TARP: 'Absolutely' Would Do It Again. (VIDEO)
Video ^ | 11/3/2010 | ButAsForMe

Posted on 11/03/2010 7:28:34 PM PDT by wrrock

George W. Bush is on book tour and sat down with Matt Lauer. Here is what was said about TARP:

WATCH VIDEO...

Lauer: You went with the TARP Program.

Bush: We did.

Lauer: A lot of people now call it the bank bailout and they hate it.

Bush: Yeah, they do hate it. I can understand that. Look, the idea of spending taxpayer's money to give to wall street and the banks, to save them, a lot of people think they created the crisis in the first place. So I can understand the angst. But in my case, I wasn't worried about angst, personal angst, or contradiction, I was worried about the economy going down. And I believe TARP saved the economy.

Lauer: If you were president again and TARP came up again, you would do the exact same thing?

Bush: Absolutely, given the same circumstances. The other thing about TARP that people forget is we structured it so that the gover... the people would be repaid with a really good rate of return. And it turns out, that aspect of TARP, that's what happened.

(Excerpt) Read more at butasforme.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: bailouts; bush; bush4biggovernment; bush4fascism; bush4obama; marxist; rino; tarp; taxes; vichy; vichyrino
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1 posted on 11/03/2010 7:28:39 PM PDT by wrrock
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To: wrrock

FUGWB!


2 posted on 11/03/2010 7:29:34 PM PDT by rabscuttle385 (Live Free or Die)
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To: wrrock

So TARP was really just a big loan and the taxpayers have been paid back with a really good rate of return, right?


3 posted on 11/03/2010 7:30:28 PM PDT by ilovesarah2012
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To: wrrock

We know George we know.


4 posted on 11/03/2010 7:31:14 PM PDT by HerrBlucher (Defund, repeal, investigate, impeach, convict, jail, celebrate.)
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To: wrrock

TARP money was paid back
Dumbo’s GM gifts, yes plural,are not required to be paid back as we were told they would....just another DUMBO write off at our expense as the FED digs deeper and deeper


5 posted on 11/03/2010 7:31:25 PM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: wrrock
Go away George.
6 posted on 11/03/2010 7:33:52 PM PDT by US Navy Vet
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To: wrrock

GW Go away enough!! The Tarp was BS let the system work.


7 posted on 11/03/2010 7:35:48 PM PDT by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: wrrock
Sadly, I can easily believe he said it


8 posted on 11/03/2010 7:36:24 PM PDT by ChildOfThe60s ( If you can remember the 60s....you weren't really there)
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To: wrrock

TARP was the WORST thing he did as president, right there with his illegal alien amnesty plan. If he would have done those during his first term, I would have had a very difficult time voting for him again.


9 posted on 11/03/2010 7:36:32 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: wrrock
Bush on TARP: 'Absolutely' Would Do It Again.

Absolutely lol...

10 posted on 11/03/2010 7:37:44 PM PDT by dragnet2
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To: wrrock

I remember seeing the fear in this man’s eyes back in September 2008. It was genuine and it frightened me to see that it was there. Unfortunately what the man should have been fearing was those who were advising him. He should have surrounded himself with Austrians.


11 posted on 11/03/2010 7:38:14 PM PDT by TheVitaminPress (as goes the Second Amendment . . . so goes the Constitution.)
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To: wrrock
This is interesting on many levels. I've wondered what GWB's hindsight on TARP is. I wondered if he knew or was he duped (by Paulson & Co.). This makes it clear that he understood TARP completely.

I'm glad to read this excerpt here, rather than have to suffer through Matt Laaaaauer or buy the book.

So, GWB's fuzzy math justifies TARP...that's a shame.

12 posted on 11/03/2010 7:39:58 PM PDT by Jane Long (2 Chron 7:14)
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To: wrrock

I’ll reserve judgement until I see GWB’s book sales up against Sarah’s. This country is on its knees begging for a leader. It ain’t another bush or establishment type. Do you hear me?


13 posted on 11/03/2010 7:42:32 PM PDT by gatorhead
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To: wrrock
Still no concept of how the Constitutional Republic is supposed to operate.

Sad.

Still, I'd take Bush's ignorance over Obama's focused evil in a heartbeat.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

14 posted on 11/03/2010 7:43:22 PM PDT by The Comedian (I really missed you. Next time, I'll adjust for windage.)
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To: wrrock

Still won’t control the border either.


15 posted on 11/03/2010 7:46:00 PM PDT by Paladin2
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To: HerrBlucher

Thanks for your service now please go away and take Mr Potato head with you...


16 posted on 11/03/2010 7:46:17 PM PDT by USSR Didnt Fall
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To: Doogle

How about the GWB cash thar went to GM?

Has that been paid back?


17 posted on 11/03/2010 7:47:33 PM PDT by trumandogz
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To: wrrock

Once a dork always a dork.... Karl wasnt his brain he stole his brain


18 posted on 11/03/2010 7:52:20 PM PDT by Breto (never accept the premise)
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To: rabscuttle385

Totally!

FUGWB!!!!

Go back to Texas. I ain’t buying your book either and I have not to many fond memories of you cave that terrific speech you gave in NYC after 911.


19 posted on 11/03/2010 7:54:53 PM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
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To: Doogle

link for the GM story about no requirement to pay back?


20 posted on 11/03/2010 7:55:43 PM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
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