Barack Obama Maintains Control Over Banks By Refusing to Accept Repayment of TARP Money - WSJ.com
The "Pay for Performance Act," just passed by the House,... is an outstanding example of class warfare. I'm an Englishman. We invented class warfare, and I know it when I see it. This legislation allows the administration to dictate pay for anyone working in any company that takes a dime of TARP money. This is a whip with which to thrash the unpopular bankers, a tool to advance the Obama administration's goal of controlling the financial system. Full Story »
Posted by Walter Cox - via Columbia Journalism Review
According to the writer, it's all a dastardly conspiracy. This when we're less than 65 days into the new administration, but 6 months into the financial crunch that, I'm sure, the new administration caused retroactively as part of its long-laid plans for usurping tyrannical power. At worst, the jury should still be out on Varney's assumptions. At best, this is fine rightist bloviating.