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


To: SilentZ who wrote (699348)2/16/2013 9:08:43 AM
From: steve harris1 Recommendation  Read Replies (2) | Respond to of 1586721
 
The TARP timeline is clear.

Congress passed TARP.

Warren became chairman of TARP oversight committee.

Bush and Paulson redirected where and how TARP funds would be used, completely against what Congress authorized.

Warren kept her mouth shut because Geitner and Obama took over passing out the money.

Your video covers Warren questioning whether the assets purchased was worth buying. She never said anything about the executive branch violating the law funding TARP Congress just passed.

And we're still stuck with people losing their houses and lives ruined because of TARP not going to TARP.

In my view Warren was complacent in bailing out the banks, protecting their bonuses, reimbursing their stock market losses, you should be proud she fell on her principles of helping the little guy so Geitner could bail out his buddies on WallStreet.

Let me know when you find Warren saying "hey wait a minute, Congress approved TARP to go to resolve the housing crisis, not funding executive bonuses for Jack Lew."