Romney Supported TARP

Reader comment on: Republican Presidential Debate

Submitted by AngelaTC (United States), Jun 13, 2011 23:27

Link:. blogs.reuters.com/james-pethokoukis/2010/03/04/mitt-romneys-tarp-problem/

"I hate the way TARP was administered, but I can tell you that we were on a precipice unlike anything we have known before in modern history with the potential of a complete collapse of our currency system and our financial system. Had we not taken action, you could have seen a real devastation."

"Secretary [Hank] Paulson's TARP prevented a systemic collapse of the national financial system."

""It was intended to prevent a run on virtually every bank and financial institution in the country."

"But TARP as administered by Secretary Timothy Geithner was as poorly explained, poorly understood, poorly structured and poorly implemented as any legislation in recent history."

Meaning - I would have dome the same thing except I don't want to say that now.

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Other reader comments on this item

Title	By	Date
TARP worked [136 words]	Terrye C	Jun 14, 2011 06:50
TARP worked [33 words]	Doowleb	Jun 14, 2011 06:44
↔ TARP Didn't work [135 words]	Brandon B	Jun 14, 2011 13:42
Pawlenty Supported Tarp [17 words]	AngelaTC	Jun 13, 2011 23:35
Gingrich Supported Tarp [11 words]	AngelaTC	Jun 13, 2011 23:31
⇒ Romney Supported TARP [128 words]	AngelaTC	Jun 13, 2011 23:27
Cain supported TARP [w/response] [7 words]	GMartine	Jun 13, 2011 23:01
↔ My take, too [25 words]	submandave	Jun 14, 2011 08:54

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