Tuesday, July 21, 2009

TARP Tsunami.

The Inspector General overseeing the TARP program will report to Congers today that the total potential exposure (i.e., the amount for which we taxpayers could be on the hook) of federal programs and departments that are "supporting" U.S. financial institutions totals $23.7T. We'll pause to let this fact sink in...

We can only respond with: this insanity must stop. The people of the United States cannot have the futures of their families held hostage by cosigning to such an apocalyptic sum.

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