Quote:
Originally Posted by Ronald Pagan
Well Obama's amended TARP plan uses those stated goals which you quote. So, the plan that Obama proposed while president ascribed to the values that he was quoted as saying while he wasn't president but voting on the TARP plan as proposed by the previous president. What the hell is your point man?
This debate is so moronic. A bunch of guys trying to stir up crap for the sake of it without any contextual realization and a heckuva lot of blatant conjecture.
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The context has always been the massive stimulus packages. It is fair to criticize those simply on the moral question, "Should governments use taxpayer's money to bail out industries that are no longer competitive?"
Not to mention the overlaying issue of whether a fiscal stimulus is AT ALL effective in increasing consumer confidence. Me, I go with Friedman on this one. All a massive increase in public spending will do is cause inflation.