quote: Only $298B of TARP I was spent by the time Obama got his hands on it. Thats less than half. And nearly all of the money under Bush's TARP I plan has been repaid. "Lent" and repaid, check.
quote: TARP 1 was designed to increase lending
quote: By the time TARP was actually passed, the market didnt even think it would work.
quote: TARP I's sole purpose was to rescue the financial market. Lending was not even on the radar yet.
quote: You mean you didn't think it would work, but it did so get over it.
quote: Really? So why is it when it was announced the stock market rebounded, in which the bill ended up not being passed. When the bill was finally passed the stock market failed to rebound in the same way, that's not my opinion that's the financial markets opinion.
quote: .. and what exactly do you think was the purpose of pumping billions back into financial institutions?
quote: bank in California that was ceased by Feds
quote: The whole and entire purpose of TARP was the stop the imminent collapse of the dollar