Has Congress Jumped The Gun

The Senate, led by Chris Dodd, released the rest of the $350 billion in TARP funds … but was it really necessary? You decide.

httpv://www.youtube.com/watch?v=dQw1yUF_vns

Posted in

Jim Vicevich

Jim is a veteran broadcaster and conservative/libertarian blogger with more than 25 years experience in TV and radio. Jim's was the long-term host of The Jim Vicevich Show on WTIC 1080 in Hartford from 2004 through 2019. Prior to radio, Jim worked as a business and financial reporter for NBC30 - the NBC owned TV station in Hartford - and as business editor at WFSB-TV in Hartford for 14 years while earning six Emmy nominations and three Telly Awards.

1 Comment

  1. Rick-WH on January 18, 2009 at 2:54 pm

    It's time to call a spade a spade, if you pardon the term.  It isn't clear that spreading the TARP, so to speak, last fall or now was ever necessary.  It did allow Henry Paulsen, with the support of Democrat committee chairs like Chris Dodd (D-Connecticut) and Barney Frank (D-Massachusetts), to make whole (and beyond) their buddies in the investment banking, mortgage and commercial banking industries.  We will never know where the money went or why it was really sent there.  Someone on the inside will write one heck of a book someday (under an alias, of course) and we will be paying off this debt over decades.



The website's content and articles were migrated to a new framework in October 2023. You may see [shortcodes in brackets] that do not make any sense. Please ignore that stuff. We may fix it at some point, but we do not have the time now.

You'll also note comments migrated over may have misplaced question marks and missing spaces. All comments were migrated, but trackbacks may not show.

The site is not broken.