15.5 C
New York
Wednesday, May 15, 2024

TARP Watchdog Neil Barofsky: TARP has been a Dismal Failure

Courtesy of Jaime Falcon.

Neil Barofsky, Special United States Treasury Department Inspector General to oversee TARP:

  • Treasury is using accounting trickery to cover up how badly TARP has failed.
  • It is not complicated to pour trillions of dollars into failing companies to save them. That’s why Congress demanded that the money be used in such a way so as to benefit the economy as a whole. TARP and other money that was used has been a dismal failure in that respect.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,217FansLike
396,312FollowersFollow
2,300SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x