Yes, it is hard to believe that she would write a book with such a serious error (TARP in 2007) in it and make it all the way through publishing.
What always bothers me is all the candidates love to glob onto the TARP bailouts as the evil, because that is Republican base candy. That is just to easy to do now as the bailouts are very unpopular.
A serious candidate would instead talk about how they as POTUS would have kept a housing equity/debt bubble from happening in the first place. I bet any of the candidates faced with the catastrophe that happened in Fall 2008 and the impossible choices would have soiled themselves.
TARP was an obscenity. But the real problem was the housing bubble.
Well, some folks, like Bachmann, DeMint, Paul, and me, for that matter, never bought the “too big to fail” nonsense. Should have let the GOldman Sach’s of the world go t*ts up, and the people who bought overpriced bundles take it in the shorts. We’d be farther ahead now and the debt would have been liquidated.
Really great reporting from ABC. /sarc.
But Bush still supported by CRA aims of giving houses to people who couldn’t afford mortgages.