Off-Topic: Comment by Bush

Logan Martin Lake Topics

(Logan Martin Lake Specific)

4,319 messages

Updated 7/5/2024 7:54:28 AM

Off-Topic

Lakes Online Forum

83,722 messages

Updated 7/6/2024 9:48:59 AM

Boat Maintenance

Lakes Online Forum

5,198 messages

Updated 6/19/2024 3:45:44 AM

Logan Martin Lake Fishing

(Logan Martin Lake Specific)

126 messages

Updated 12/23/2022 9:21:15 AM

Jokes

Lakes Online Forum

4,171 messages

Updated 6/27/2024 7:05:46 AM

Sports

Lakes Online Forum

4,261 messages

Updated 5/28/2024 6:31:10 AM

Grilling & Recipes

Lakes Online Forum

2,979 messages

Updated 6/26/2024 5:03:03 AM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	water_watcher -
	Subject:	Comment by Bush
	Date:	11/4/2010 4:41:21 AM

I was a supporter of TARP for its intended purpose. I am fairly close to the banking industry and it did prevent a meltdown. I believe the tax payers would get back all if not more money after things settled down. It appears now for the banks that is the case. The way i looked at it was that it was worth a try, if it failed it did not matter anyway, since our whole economy would collapse.

What i did not agree with on TARP was Obama using it as his slush fund and using it buy and give away interest in GM to the unions. Then wanting to use the returned money for other purposes ... TARP was intended to be a stop gap program, then the money returned to treasury.

I also look forward to reading his book ... I feel Bush had more difficult decisions to make in his administration than any other recent presidents. I feel he was a true leader, made them, took responsibility and blamed no one else for the problems he had to deal with. I still think as history is written, he will be one of our greatest presidents.

I wonder when Obama is out of office he will follow Carters style of being critical of the then sitting president. You have never heard bush criticize any past or sitting president. It is not becoming of the office he held.