[sickoflibs]

The Peter Schiff/Redistribution Watch Ping. (Washington Bankrupting our Nation by Spending your past, present and future money!)

GWB had to destroy capitalism to save it using TARP, "It would appear that if they could take control of the management of these institutions by gaining control of the Boards and a large percentage of voting shares, they would essentially be able to engage in the type of reckless spending i.e. wealth re-distribution without having to bother with Congressional approval. It would be a minor technicality that they would be calling the redistribution “loans” instead of “spending”. "

[ken21]

was this a bush presidential decision?

or a decision by a presidential appointee, paulson?

[SkyPilot]

GWB had to destroy capitalism to save it using TARP

I agree with your statement - and I am perplexed and saddened that too many here on FR will still refuse to acknowledge was a grave and terrible error GW Bush committed by sending us flying towards Socialism in the waning weeks of his 8 year Presidency.

TARP wasn't a mistake, it was national suicide. "Bailing out" the UAW was taking poison. All of it was terrible. Even when Bush's fellow Republicans begged him not to do it - he did it. He acted the complete fool - and set this nation down the road to ruin.

Obama was handed the keys to conduct his radical fascist agenda on a silver platter.

My only guess is that GW Bush saw his legacy slipping away, and didn't want to be chastised by the media as a "do-nothing-Herbert-Hoover."

Oh, he did "something" all right.