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.
Back in September to October 2008 I posted a Vanity here warning Republicans to not pass TARP.
That being said it is easy to look back now and claim things would have been better if something unpopular never was done ,much like Obama plays the “It would have been worse .. “ game. If those banks failed things would have been pretty ugly too, there is no doubt about that. And those above were not POTUS for ~ 8 years when it happened. That is not to say that I think TARP was a good thing.
The real issue is how the bubble came to be in the first place, and it wasn't all CRA either. But they don't want to talk about that as both parties have their finger-prints all over it.
Nice try pissant...did you think you’d get past me? LOL
It’s better to swallow the bitter medicine and get it over with.