[Jim from C-Town]

So 9 months after the TARP was established to purchase toxic assets from banks. The Treasury Department has decided to use around 5% of the funds to buy some toxic assets from banks.

The Obama administration = Epic FAIL!

[Arguendo]

The Bush Administration gets credit for four of those months, as well as the creation of the program in the first place. Personally I’m glad Obama has hesitated to jump into this, since so many horrible ideas for it were thrown around.

On the other hand, he deserves the “Epic FAIL” for plenty of other reasons.