Quick, Spend the Money Before the Taxpayers Find Out!
July 2, 2009
From Power Line: “Byron York catches Barney Frank with his hand in the till. The issue is TARP: recall that the banks that received TARP money are supposed to repay it to the Treasury, along with dividend payments. President Obama has held out hope that the taxpayers may, in the end, make money on the TARP program. Recall, too, that TARP was billed as an extraordinary response to an unacceptable risk–that the nation’s financial system might come crashing down. …”
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