Appearing on Fox Business News, I summarize the many reasons why the Bush-Paulson-Obama-Geithner TARP bailout was – and still is – bad policy.
I’m sure I have plenty of flaws, but at least I am philosophically consistent. Here’s what I said about the issue more than 18 months ago. The core message is the same (though I also notice I have a bad habit of starting too many sentences with “well”).