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: steve harris who wrote (775170)	3/16/2014 12:52:35 PM
From: i-node	Read Replies (1) \| Respond to of 1579830

I just think that by injecting that money into the system they covered the face amount of enough of the pending derivatives that were threatening to bring the entire system down. My belief at the time was that we should just let nature take its course. But in retrospect TARP is what kept us from having a real depression. The jobs problems we see today are, in significant part, a product of the Obama administration policy. The Bush recession would have been over a couple years ago -- due to TARP -- had Obama not wrecked it with bad policy like the stimulus, obamacare, and other idiotic government tinkering. I think there is a lot of difference between what TARP did and what Obama did.