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Troubling Auto-Rescue Plunder (TARP)


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troubling_auto-rescue_plunder_tarp.htmlAmerican Thinker:

Remember that "trillion-dollar bank bailout" that President Bush pushed four years ago? The Congressional Budget Office now says that (1) it cost just $24 billion, nowhere near a trillion; (2) taxpayers made money from the banks; and (3) the vast majority of the money went to auto companies.

 

Don't call it a trillion-dollar bank bailout. Call it the $20-billion UAW payoff.Scissors-32x32.png

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