Exactly right. This notion that TARP "saved" us is beyond ludicrous.
The mega-banks/Freddie Mac/Fannie Mae bought and sold crap mortgages, making hundreds of billions in the process. Then the weight of these crap mortgages threatened to take all the banks/Freddie Mac/Fannie Mae down. Instead of letting them die for their greed and stupidity, Congress passed TARP and dumped nearly a trillion of future taxpayer debt-funded dollars onto these failed bastard lenders. The lenders essentially turned around and pushed some of the "free" money back at us and said, "There! We've paid off our debt with interest!"
And we're supposed to think that was a GOOD thing?
The next debt wave will hit us with Richter 10 force.
Which is much closer than we think.
Wait until the Obama regime and their muzzie cronies in the mid East squeeze Israel too far. BOOM!!