Speaking of dragging..ah,never mind.
LLS
They didn’t even use “TARP” for what they claimed it was going to be used for. What was it about TARP that he(and others) loves so much? The big banks would have surely survived without it, and if not, who cares. That’s what bankruptcy is for.... The entire thing was nothing but a massive theft of the American people, and given to those lowest people that are in the highest places.
Worst case scenario without TARP: Big banks would have failed and went away. Other smaller banks and or start-ups take their place to fill that market demand. Many homeowners would have been necessarily bankrupted, and the housing market would have cleared. It’s called a dammed free market! (for those of you in Rio Linda)
TARP didn’t prevent a recession, because we’re in a DEPRESSION as we speak, masked by continued cheap credit and government spending. As soon as interest rates return to their historical norm, at around 4-6%, this house of cards will blow away so fast, you would have never known it was there. We’ll be ‘Greece’, but with many more red ‘zeros’. It will be very difficult to get people back to work, because most of the jobs they would have taken to help a recovery get underway are now in the form of slave labor over in China.....
BTW Ryan(The so called Fiscal conservative) also voted for Tarp.
Was that GWB’s hand up his a$$?
I swear, after 2010 and what I hope and think will happen in 2012 with more conservatives going to Congress, if the GOP puts this POS, worthless piece of human garbage back in as Speaker I’m done forever.
And I will actually put myself on all GOP mailing lists just to let their establishment, bad management, mentality keep sending me thousands of dollars of crap in the should-be-gone post office for my $5 donation.
Putz!
Actually the government made money off of TARP. I’d say that would make Ryan a genius. Save the economy and make money form the banks by doing it. Win Win.
In fact I’d agree with him.. it’s pretty boneheaded to go back now and say TARP was a bad idea. It may not have been a principled conservative position. But if the banks all failed then of course we would of had our 2nd great depression. In fact TARP was the only government program of all the money spending that actually did what it was suppose to do. The rest of it went down the drain but TARP was genius.
Boehner just validated the scumbag left’s description of right-wing conservatives as “knuckle draggers”.
(/facepalm)
Boehner is pathetic and needs to turn his Speaker’s gavel over to a Republican with a clue.
What a moron.
Boehner wasn’t saying Tarp opponents are knuckledraggers. He is saying conservatives in general are. (I guess anyone to the right of Lincoln Chaffee)