Is TARP A Good Idea & Does Sarah Palin Annoy You...

...Personally, the answers are "Could Be" and "Like A Mosquito Bite In the Middle of My Back"

TARP profit at least $16 bln so far: Treasury - MarketWatch

 Don't look now, but TARP ( Troubled Asset Relief Program) is getting re-paid, and may actually turn a profit! Before I go any further, let me give my normal disclaimer here: I am not a bleeding heart liberal, nor did I vote for Obama. BUT, I am also not a Limbaugh-Palin-Beck, arch-conservative either. I happen to think good ideas can come from either side of the aisle. Blasphemy, huh? As it remains to this day, TARP has been pilloried in large part because the guy in office lights up the blue states on that annoying CNN Expando-Map. God, I hate that thing! But that's a blog for a different time. The premise of TARP is distasteful. But I think far less so than an entire financial & economic meltdown. Big banks are still big, and their CEO's are still getting bonuses. However, I haven't noticed any soup lines popping up either. And TARP is actually making money. If you are one that despises anything to do with the Obama administration just because...well, he's Obama, I'd love your input on this.

1 commentPat Palmer-Realtor, Upland, CA 91786 • December 24 2009 10:00AM

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I am not a big Obama supporter and feel that good ideas can be cultivated from members of either party.  I may not agree with the poitics but what is done is done - now let's see the results and how we can all learn from it. 

Thanks for the post.

Posted by Jason Koivu - SFR Certified Realtor Brevard County, Florida (Serving Brevard Realty) over 2 years ago

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