Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (618724)	7/9/2011 9:21:20 PM
From: steve harris	Respond to of 1579899

I don't care if it was Reagan's TARP.

To: Jim McMannis who wrote (618724)	7/9/2011 11:19:11 PM
From: Brumar89	Respond to of 1579899

It was both ... Bush was President and Obama was a Senator who voted for it.

To: Jim McMannis who wrote (618724)	7/10/2011 12:06:50 AM
From: i-node	Read Replies (2) \| Respond to of 1579899

>> Was Tarp Bushes or Obamas? It was Bush's. But half of it was administered by the incoming administration. Anytime you hand someone 700 Billion, you damned well ought to have some accounting controls in place. And neither TARP nor the Stimulus did. TARP didn't because the perception was that it had to be done overnight, and the chunks of money were so huge that the accounting could have been done in a 1960s-era ledger book. It really isn't that complicated; the numbers are just big (there shouldn't have been many transactions). The Stimulus didn't because accountability was the LAST thing they wanted for that trillion dollars.