Once again, 'follow the money'

According to The Washington Post, the specific language in the TARP law that forbade such payouts was changed at the last minute, with a small but significant one-sentence edit made by the Bush administration. The Post reported, "The change stipulated that the penalty would apply only to firms that received bailout funds by selling troubled assets to the government in an auction."

Read the fine print. Of the TARP bailout funds to be disbursed, ... Full Story »

Posted by Dwight Rousu

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Review

Norman Rogers
2.1
by Norman Rogers - Dec. 21, 2008

It's difficult to see how they can blame Bush and Paulson when the Democrats in congress wrote the legislation. I guess the democrats are so stupid that Bush easily manipulates them.

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