Well, you got me there. I assumed you would oppose TARP, as we are on a conservative forum. But apparently you don't.
(You and Obama do agree on at least one thing. LOL!)
What is the difference between TARP and the bailouts?
TARP = Toxic Asset Relief Program. Approved by Congress for banking sector.
BAILOUT = Using TARP (!) money for loans to ailing *auto* companies.
The complete and utter collapse of the U.S. economy, and thus the collapse of the world economy, should not be a conservative vs. liberal or republican vs. demonrat issue. It should be an issue of supporting our country and our way of life or working to hasten it's destruction.
Did you bother to read post #23?
HIGHLIGHTS: “a tremendous drawdown of money market accounts in the United States, to the tune of $550 billion, was drawn out in the matter of an hour or two.” “their estimation was that by 2 o'clock that afternoon, $5.5 trillion would have been drawn out of the money market system of the United States, would have collapsed the entire economy system of the United States and within 24 hours the world economy would have collapsed.”
It is simply amazing that so many "conservatives" fail to see what nearly happened last year, or choose to be ignorant of the facts.
Thank you for the definitions I requested. They are exactly the same as mine, but you never know around here any more and I wanted to make sure we were talking about the same thing.
Make no mistake...I agree with the usurper on NOTHING! We don't even agree on what his name is, legally.