Sunday, April 5, 2009

Keeping Control of Banks via TARP

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!

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