You know, you want to believe that our governing philosophers aren’t as nakedly power-grabbing as they seem to be, and that the “intellectuals” who support them think that government giveaways are really necessary because, well, they are really necessary, not just as cheap support for power grabs in the alas all-too-convincing to the general public arguments about pipers calling tunes. But see the regrettable Michael Hiltzik in the Los Angeles Times : The headlong rush by big banks to pay back their TARP bailout loans — Citigroup is the latest candidate looking for the exit — has prompted a lot of stock-taking about this widely detested $700-billion program…. One question that perhaps isn’t being raised enough is this one: Should we let the banks repay the money
Originally posted here:
TARP: Let’s Keep the Strings Attached, and Show These Banks What a Real Rootin-Tootin Ol’ Fashioned American Bailout is Really All About!
