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Keyword: romneydems

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  • Romney: I Was For The Bailout Before I Was Against It

    03/03/2010 9:47:53 PM PST · by ellery · 20 replies · 474+ views
    American Conservative ^ | March 3, 2010 | Daniel Larison
    "Secretary Paulson’s TARP prevented a systemic collapse of the national financial system. Secretary Geithner’s TARP became an opaque, heavy-handed, expensive slush fund. It should be shut down." ~Mitt Romney This is the same line that Thune uses now. This is a ridiculous position to take. One can either recognize that the original TARP was always potentially an opaque slush fund to be used for whatever purpose the executive branch wanted, and it was therefore an outrageous measure that ought to have been defeated, or one can accept the abuses of the TARP that inevitably followed from the absurd way it...