Resolved Question: Wait. I thought we hated the evil Bush TARP!?

24 January 2010, 6:05 am

"The Senate Thursday killed a Republican attempt to shut down the Wall Street bailout program. The defeated proposal would have barred the Treasury Department from releasing any funds remaining from the $700 billion bailout passed last fall. It would not have affected repayment rules for banks and other recipients of bailout money. GOP Sen. John Thune of South Dakota, who sponsored the amendment, said repealing Treasury’s bailout authority would block Democrats from using the money to finance spending legislation such as a promised “jobs” bill. Thune said about $320 billion is still available. Here is the list of Democrats who voted to continue to allow Barack Obama to use the TARP program as a slush fund for grants to big corporations and banks: Akaka (D-HI) Baucus (D-MT) Bingaman (D-NM) Boxer (D-CA) Brown (D-OH) Burris (D-IL) Cantwell (D-WA) Cardin (D-MD) Carper (D-DE) Casey (D-PA) Conrad (D-ND) Dodd (D-CT) Dorgan (D-ND) Durbin (D-IL) Franken (D-MN) Gillibrand (D-NY) Harkin (D-IA) Inouye (D-HI) Johnson (D-SD) Kaufman (D-DE) Kerry (D-MA) Kirk (D-MA) Klobuchar (D-MN) Kohl (D-WI) Landrieu (D-LA) Lautenberg (D-NJ) Leahy (D-VT) Levin (D-MI) Lieberman (ID-CT) McCaskill (D-MO) Menendez (D-NJ) Merkley (D-OR) Mikulski (D-MD) Murray (D-WA) Reed (D-RI) Reid (D-NV) Rockefeller (D-WV) Sanders (I-VT) Schumer (D-NY) Shaheen (D-NH) Specter (D-PA) Stabenow (D-MI) Udall (D-NM) Warner (D-VA) Whitehouse (D-RI)" Hmmmm.... I personally think TARP was and is a disaster. And many democrats and "anti-Bush" people seem to throw the TARP on the list of "Bush Disasters". So why not try and rectify a bad decision, such as TARP? But oh no. The dems really do like public spending to bailout Wall Street! I knew it!... Read More »