It is somewhere separately reported that at least TARP contributed to resolving the lack of transparency famously a part of banking. Banking regulators usually do not disclose the names of banks they currently find troubled. There is a report somewhere that 90 banks failed to make their scheduled payment to TARP.
There are 600 banks that sitill owe TARP
News Headlines
TARP was not a public works program. A Keynesian approach would have been to create federal excess in public works, employment spending. That the Republicans failed to do. The Ivy League Democrats weren't much better, in the one-third of Stimulus, additional bail-out, reserved for state and local teachers and bureaucrats. Like the law-supportive police: These are all the people who helped contributed to the downturn in the first place. Saving their jobs with actual, direct payment money made no sense.
When the people have money to spend, then there are tax revenues. Public commissions, legislatures, school boards, ward captains, councils, and local meetings of all types: Then decide what to spend, how much, and on whom. A lot of them gave that to unions and other contact-like kinds of rules. State and Local Public Employee, Pate Fois Gras, is not what Keynes had in mind, however. Bloated Liver is not what Keynes is about.
Paulson sent money to the banks to pay bonuses! That is all it was for!
And so bankers now think up all kinds of reasons to not lend to businesses.
Anyone notices that the economy is recovering slowly. Big banks are making the credit card access offers again, as is usual. Business can't happen, but instead of public works: There is even more credit-boosting intended in the federal legislature.
Public Works in the Gulf Spill clean-up, and restoration, makes far better economic sense than anything a Paulson, or a GOP , could recommend.
"Crow, James Crow: Shaken, Not Stirred!"
(Maybe GOP take three shiny yellow trinkets: Bring back Manhattan(?)! Many are like that! Paulson Lunatic, Too!)
There are 600 banks that sitill owe TARP
News Headlines
TARP was not a public works program. A Keynesian approach would have been to create federal excess in public works, employment spending. That the Republicans failed to do. The Ivy League Democrats weren't much better, in the one-third of Stimulus, additional bail-out, reserved for state and local teachers and bureaucrats. Like the law-supportive police: These are all the people who helped contributed to the downturn in the first place. Saving their jobs with actual, direct payment money made no sense.
When the people have money to spend, then there are tax revenues. Public commissions, legislatures, school boards, ward captains, councils, and local meetings of all types: Then decide what to spend, how much, and on whom. A lot of them gave that to unions and other contact-like kinds of rules. State and Local Public Employee, Pate Fois Gras, is not what Keynes had in mind, however. Bloated Liver is not what Keynes is about.
Paulson sent money to the banks to pay bonuses! That is all it was for!
And so bankers now think up all kinds of reasons to not lend to businesses.
Anyone notices that the economy is recovering slowly. Big banks are making the credit card access offers again, as is usual. Business can't happen, but instead of public works: There is even more credit-boosting intended in the federal legislature.
Public Works in the Gulf Spill clean-up, and restoration, makes far better economic sense than anything a Paulson, or a GOP , could recommend.
"Crow, James Crow: Shaken, Not Stirred!"
(Maybe GOP take three shiny yellow trinkets: Bring back Manhattan(?)! Many are like that! Paulson Lunatic, Too!)
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