It appears that the Obama administration wants to retain control over the banks that received TARP funds.
So, if a bank was forced to take taxpayers' money in the first place, and now wants to pay it back early with interest, the government is is saying NO - not only do you have to keep it, but we are going to control the compensation structure at your institution.
This is socialism in America - control the money, control the compensation, control the people.
Just say NO!
The Fed Needs Fixes Beyond Simply Restoring Its Credibility
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Photo Credit:
AgnosticPreachersKid
By Paul C. Binotto
Congress should preserve Fed independence while adding stronger
transparency, accountability, sa...
1 day ago
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