Ninerfan1
Habitual Line Stepper
Posts: 9,871
Joined: Mar 2004
Reputation: 146
I Root For: Charlotte
Location:
|
Obama Refuses repayment of TARP Money
Government refuses TARP repayment
Some of you lefties try and argue again how Obama isn't a socialist.
Quote:Fast forward to today, and that same bank is begging to give the money back. The chairman offers to write a check, now, with interest. He's been sitting on the cash for months and has felt the dead hand of government threatening to run his business and dictate pay scales. He sees the writing on the wall and he wants out. But the Obama team says no, since unlike the smaller banks that gave their TARP money back, this bank is far more prominent. The bank has also been threatened with "adverse" consequences if its chairman persists. That's politics talking, not economics.
Let me guess. Comrad Obama will "ask" him to step down as well.
|
|
04-04-2009 08:44 PM |
|