Last week I was scanning through my SunTrust yearly financial report. Often these sit around for a couple of months and then I throw them away.
Having just read The Roots of Obama's Rage, I looked for comments about TARP. D'Souza said that Obama authorized the expansion of TARP funds, incongruent with liberal socialist dogma, the expansion was more about placing the government in greater control of the banking industry. Sure enough I found it.
Dinesh was right, the bank has the money to repay the loans and the government will not let them do it. A business knows better about what bills it can an cannot pay than any damned government employee. Here we have a business that wants to repay and is not allowed while we have General Motors that will never repay and the government is pretending that they are repaying the load and giving tax breaks so that the next IPO looks good. I owned GM stock and lost the whole nut, I'll never buy it again and try to stop anybody else that hints of it. GM is the 21st century's Amtrak.
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