Posts tagged as:

Paulson Plan

On TARP, The “Experts” Were Wrong

October 27, 2009

The Wall Street Journal, originally one of the biggest supporters proponents of the Troubled Asset Relief Program (TARP), wrote an editorial today about how they were wrong in pushing for its passage, and that it needs to end immediately.  Unfortunately, the Obama administration is in no rush to end the TARP Program.  The Journal now [...]

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Repealing the Bailout

November 17, 2008

Senator Jim Inhofe (R-OK) has circulated a letter this week to the Senate, making known his intentions to bring forth legislation in the lame-duck session of Congress to attempt to freeze the remaining funds authorized by TARP (Troubled Asset Relief Program), also known as the Paulson Plan or the Socialist Bailout Fiasco.  From Inhofe’s letter: [...]

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The Socialist Bailout Fiasco

November 12, 2008

Conservatives such as myself warned back in September that the Bailout Bill proposed by Secretary of the Treasury Henry Paulson, passed by Congress, and signed into law by President Bush, was a socialist disaster in the making.  The bill was supposedly passed to help shore up our nations credit and unfreeze the credit markets.  Aside [...]

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Bailout BS

October 29, 2008

Those frequent visitors to this site know that I have been against the Paulson Socialist Bailout Package since its inception, and have felt that it was not necessary to fixing the economy, was put together too quickly to stem a supposed crisis that few understood, and was packed with pork that had nothing to do [...]

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Paulson Plan is Bad for the Economy

September 22, 2008

The Bush Administration has proposed the so-called “Paulson Plan” to fix the economic situation that we now find ourselves in.  The plan would find the U.S. Treasury buying out $700 billion in bad mortgages that is currently crippling Wall Street, in the hopes to free up the credit market and allow Wall Street to rebound.  [...]

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