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Saturday, January 24, 2009


I said it HERE, and I said it HERE. Don’t reward bad behavior; take the TARP money and loan it to banks that are not in trouble, contingent on their actually loaning the money to consumers, and contingent on their TAKING OVER THE TROUBLED FINANCIAL INSTITUTIONS. Yes, let the losers FAIL with grace, which is the way the system is supposed to work. Crisis Solved. Give Money to Healthy Banks; Let FDIC's Bair Handle the Dying.

NOTE: Embedded video clip was removed from this post. It was causing a "script error" when exiting this site. The video is available at the link above.

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