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i don't recall the media 'scrutinizing' the bu$h* tarp plan

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:01 PM
Original message
i don't recall the media 'scrutinizing' the bu$h* tarp plan
maybe i was too wrapped up in the election...

i believe he got his money in one week with little or no debate
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:04 PM
Response to Original message
1. Scrutiny? It was URGENT! URGENT! NO TIME TO SCRUTINIZE!
It was absolutely necessary to prevent...everything that has happened since WITH it.
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PDJane Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:05 PM
Response to Original message
2. There was no scrutiny.........
I suspect that's because the Bush bunch had a few accomplices in their final looting of the treasury. Of course, they didn't want the banks to fail when he was in office either.........
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:06 PM
Response to Original message
3. THAT BECAUSE THERE WAS NONE!
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:07 PM
Response to Original message
4. Because the MSM are owned by the right wing rich. nt
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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 06:02 PM
Response to Reply #4
8. True. And we can't say it enough.
There are several million instances of the 'media is liberal' lie that we still have to overcome.
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Still Sensible Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:11 PM
Response to Original message
5. There was some scrutiny. In fact when it passed
I actually (and mistakenly) thought we knew what was going to be done with it. It was going to buy distressed assets, theoretically the taxpayer would have a chance to recover some or all of the funds (a la RTC) once the economy recovered by reselling the assets. But lo and behold, Paulson comes back ex post facto, pulls the old switcheroo and says "I've got a better idea, let's do this instead." And we didn't even get the complimentary reach around while we were grabbing our ankles!

Of course the oversight for the original TARP funds was never there... best I can tell it was not even thought about much.

So, in short, the "scrutiny" disappeared when Paulsen pulled the switcheroo.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:20 PM
Response to Reply #5
7. talk about the classic 750 billion dollar bait & switch
Edited on Mon Feb-09-09 05:21 PM by spanone
& they got what, 350 BILLION delivered before they got out of office....with no oversight!!!!!
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boobooday Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 05:18 PM
Response to Original message
6. Or complaining about pork, fraud, waste and abuse in Bush's
Huge war spending bills.
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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 06:03 PM
Response to Original message
9. Fear the bailout!~
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 06:10 PM
Response to Original message
10. Yep. Them: Opaque and no oversight. Us: Transparent and too much
oversight from those who have no business doing so.
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