OK, fine, on TARP...but MANY others supported it, too.
As far as Cut, Cap, and Balance, I supported it, it was the only realistic plan out there.
A sudden forced reduction of 40% on federal spending would have crashed the markets and economy far worse that they already did. And while possibly the best way to solve the problem, it would have been an electoral disaster for the GOP.
Both bills, of course, were totally wrong. TARP because there is no legitimate constitutional grant of power to take money from one group of people, the taxpayers, and hand it over to another more favored group, the bankers. "Cut, cap and balance" because it is immoral to rob our posterity of their God-given, unalienable right to government by consent.
-- Thomas Jefferson"The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."