Appearing on Fox Business News, I summarize the many reasons why the Bush-Paulson-Obama-Geithner TARP bailout was - and still is - bad policy.
I'm sure I have plenty of flaws, but at least I am philosophically consistent. Here's what I said about the issue more than 18 months ago. The core message is the same (though I also notice I have a bad habit of starting too many sentences with "well").
Thursday, August 12, 2010
Bashing Corrupt TARP Bailouts
Labels:
bailouts,
Barney Frank,
Bush,
Chris Dodd,
Easy money,
Fannie Mae,
Federal Reserve,
Freddie Mac,
Monetary Policy,
Obama,
TARP
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