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Reply #24: TARP was Bush's idea. In Feb. 2009, Pres. Obama added caveats that have enriched the Treasury. [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 04:29 PM
Response to Reply #22
24. TARP was Bush's idea. In Feb. 2009, Pres. Obama added caveats that have enriched the Treasury.
Edited on Sun Apr-04-10 04:37 PM by ClarkUSA
In fact, the government's share of Citibank alone would net ~ $8 billion if they sold it now. Banks have been repaying with 5% interest. As a high-bracket tax payer, I approve. I guess you would have preferred Pres. Obama to let the economy drop into the proverbial toilet in February 2009?

Also, the administration has delayed signing onto several free trade agreements due to current union and Congressional Dem opposition.

Is that all you've got?

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