Has TARP worked?

[Excaliber]

Ron,
Bin Laden was considered for "Man of the year" (OK, "person" of the year then ). Hitler WAS "Man of the year". It's not really an award per se, it's recognizing an individual that had the greatest impact on the Nation (perhaps World?), good or bad.

Time Magazine took SO much heat for putting Hitler in there they have shied away from folks that are TO "weird" ever since, (you know, people like Pelosi).

Bernanke has to take some heat along side Bush for the economic disaster. Ben was at the helm when it all went bad, and readily admits he made some serious mistakes. Kind of surprising he actually got a second term in that regard. But RECOGNIZING that he made mistakes and KNOWING how to correct the course laid out is likely his greatest strength!

Pay as you go plan for taxes? Then let's get on with it to fund the Afhganistan war! More war taxes, that's what we need to pay for the surge.

[Ronbo]

There are plenty of regulations that were either ignored or eliminated over the decades that this has been looming, well beyond any one president's term.

Look at the mess pre-911, the NSA knew all about the hijackers and had the Yemin safe house under watch as well as knowlage that something big was coming. Yet they were forbidden to notify the FBI about the terrorists assembling in New Jersey.

The mega corporations work hand in hand with the govenment (the ultimate mega coporation) so these anti-trust laws are BS... NSA tapped into every major AT&T fiber hub throughout the country after 911 and now monitors all internal as well as off-shore communications.

Mega coporations in banking? How about the Federal reserve? (soon to be replaced with the world bank if Obama the UN poster boy has anything to say about it)

Regulation has rarely ever worked, put someone's azz on the line for their actions (no bankruptsies or bail-outs) and actually enforce it. The government does a piss poor job of governing, so why keep throwing money at it? Oh ya, it's not our call. (unless I slept through the healthcare vote and the TARP vote)

Greenspan should be hanging from a tree, right next to Madoff, Barney the homo and a few others. (OK, a lot of others)