Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: expat_panama

It’s good that the money got paid back. It doesn’t change what happened. The big banks got bigger and the federal debt and budgeting restraint got worse. Now, we’re possibly on our way to another credit bubble. The middle class has been decimated. Paying back the TARP money doesn’t seem to have stopped the damage that “too big too fail” contributed to.


8 posted on 05/24/2016 5:22:26 AM PDT by grania
[ Post Reply | Private Reply | To 6 | View Replies ]


To: grania
...the federal debt and budgeting restraint got worse. Now, we’re possibly on our way to another credit bubble. The middle class...   ...TARP money doesn’t seem to have stopped the damage...

--but that's what we're saying.  TARP had nothing to do w/ federal debt and the middle class, it was just for fighting deflation and it worked.   If we want to do something now about budget debt and the middle class we need to repeal Obamacare.  The fed had nothing to do w/ Obamacare.

11 posted on 05/24/2016 5:30:30 AM PDT by expat_panama
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson