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Saturday, February 27, 2010

If At First T.A.R.P. Doesn't Work, Try, Try Again.

http://www.reuters.com/article/idUSN2617067420100226
US Treasury loan fund to ease credit to small firms

T.A.R.P. Troubled Asshole Relief Program

The U.S.Treasury said that since the prior bank bailout didn't work, they will do the same thing all over again, but this time with even more money.

Like all government programs, the bank bailout program was ill conceived, and poorly executed. But like all government programs, those are the base requirements for any program that hopes to get funding. After all, with all the special interest groups lobbying to get their own pork project funded, politicians just don't have the time or the interest in doing anything for the voters who actually elected them to office.

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