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    The very model of a modern Moderator Xiahou's Avatar
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    Default Re: Admit it: TARP worked

    Quote Originally Posted by Sasaki Kojiro View Post
    Aren't they defining "worked" as "only cost the taxpayer a little bit and prevented economic collapse"?
    Did it though? Again, TARP didn't accomplish any of it's stated aims. The Fed injecting over a trillion dollars into the economy (and you know, actually providing troubled asset relief) had more effect than TARP. I guess "a little bit" is subjective too. TARP funds were poured into AIG and GM- we'll never recoup all the billions spent on those.
    Last edited by Xiahou; 11-22-2010 at 04:47.
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