tag:blogger.com,1999:blog-6621691715090523319.post8327503107575940379..comments2023-10-08T04:12:46.273-05:00Comments on The Political Environment: Right Wing Getting Organized In WisconsinJames Rowenhttp://www.blogger.com/profile/10203270946492159686noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6621691715090523319.post-46590726197931478352009-05-14T10:45:00.000-05:002009-05-14T10:45:00.000-05:00To The General:
TARP was created by Congress and ...To The General:<br /><br />TARP was created by Congress and the Bush administration prior to Obama's presidency.<br /><br />As i read it, TARP has had some successes, and is a long-term effort to get bad assets off the books of banks that were allowed to behave with rogue-like greed duing the Bush presidency, when regulations was disregarded.<br /><br />Obama's relationship w/ GM and Chryser is an effort to save what can be saved, through loans and standards for performance.<br /><br />I expect we'll see a smaller GM and merged Chrysler: a down-sized US auto industry, but perhaps with new companies or subsidiaries or brands.<br /><br />The Bush era was all about CEO power and self-enrichment, whether on Wall Street or in industries like oil, from which Bush and Cheney came.<br /><br />There is simply no comparison w/ Obama.James Rowenhttps://www.blogger.com/profile/10203270946492159686noreply@blogger.comtag:blogger.com,1999:blog-6621691715090523319.post-53732000602562869542009-05-14T05:30:00.000-05:002009-05-14T05:30:00.000-05:00"People are sick of predatory practices and partne..."People are sick of predatory practices and partnerships between big government and big business, exemplified by the Bush administration's entire two-term disaster."<br /><br />Uh, James, what do you call the Obama administration's relationship with GM, Chrysler, and the banks via TARP?<br /><br />Pot, meet kettle.The Generalnoreply@blogger.com