Reply #41: I favored the bailout but have been critical of how it was implemented but [View All]

[TheKentuckian]

the ROI is between weak and bogus. We are still at risk for tens of trillions of dollars and the problem is just as likely, if not more so to be repeated.

TARP is only the tip of the iceberg and anyone who pushes the fallacy that it is all good is misinformed or attempting to misinform. We haven't even begun to resolve this. The TARP is a fig leaf of epic proportions for nationalizing risk and socializing gains. We are every bit as fucked as we were a couple years ago and it is almost surely worse because too big to fail is even bigger and more tied into the economy and their is no will to shut down the casino.

Please lets deal with what is rather than what we would like it to be. SNAFU is very much in play.