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February 17, 2009


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TARP is a "darned" mess! Thanks to Paulson/Bush and now Geithner/Obama, we are propping up firms that, through bad decisions and mismanagement, should be allowed to be acquired for pennies on the dollar or -- for a bank -- moved into receivership. We can agree that this was a mess handed to Obama, but the problems are being mishandled by the new administration in a similar way as the old administration.

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