Are you under control?
Step one was force folks to take TARP money. Step two is dictate what those who receive it have to do. Then, more control. And to keep it up, refuse repayment of TARP loans.
Hope and change.
Remember, I do this to entertain me, not you.
Uncle Pays the Bills
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April 22nd, 2009 at 8:45 am
This administration is looking at building a command economy structure, plain and simple. For the children, of course.
April 22nd, 2009 at 9:37 am
This could be a good thing, actually. The next time the government offers free money, people will be more wary about the strings that might be attached.
And no, I don’t buy the lame “but we were forced” excuse. The banks made their beds, let them lie in them.
April 22nd, 2009 at 11:17 pm
It was not Obama that pushed the TARP money on the banks it was Bush II. Obama is just continuing the new tradition of abusing banks with it.
April 23rd, 2009 at 6:41 am
Step five is gain majority ownership in most companies by converting tarp loan money to common stock in those companies thus making it impossible for the companies to escape government control.
Step six. ???
Step seven. PROFIT!!!