A critical creative look at issues of Economics, Politics and Finding a Purpose in Life - Let's talk about it. I try to leave the woodpile higher than I found it.
Monday, May 07, 2012
I wish there had been no Tarp, no GM bailout, No bank rescue, No mortgage relief, Fannie AND Freddie gone for good, no cash for clunkers, no 99 month unemployment, no nothing. Our economy would be back, healthy, growing. Government can do nothing right.
A working paper from Federal Reserve economists "confirms that TARP encouraged high-risk behavior by insulating the risk takers from the consequences of failure."
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