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Tag Archives : TARP

The TARP Bailout Was the Wrong Response to a Government-Caused Meltdown

The TARP Bailout Was the Wrong Response to a Government-Caused Meltdown

Posted on March 13, 2020

It wasn’t a TARP-or-nothing choice.

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Ranking Presidents on Economic Policy: The Dismal Record of George W. Bush

Ranking Presidents on Economic Policy: The Dismal Record of George W. Bush

Posted on October 24, 2017

It’s not a pretty picture.

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Trump Is Wrong on TARP (like Romney, McCain, Bush, and the Rest of the Establishment)

Trump Is Wrong on TARP (like Romney, McCain, Bush, and the Rest of the Establishment)

Posted on January 25, 2016

It was possible to rescue the depositors without the fat cats.

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New Video Shows Bailouts Are a Recipe for Moral Hazard and Cronyism

New Video Shows Bailouts Are a Recipe for Moral Hazard and Cronyism

Posted on June 27, 2015

Puncturing another false leftists narrative.

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Thanks to Lobbying, Banks Obtain Unearned Wealth and Increase Systemic Risk

Thanks to Lobbying, Banks Obtain Unearned Wealth and Increase Systemic Risk

Posted on July 18, 2014

I periodically comment about government corruption, often in the context of trying to make the general point that shrinking the size and scope of the public sector is the most effective way of reducing sleaze in Washington. Now let’s get specific. I’ve already cited Obamacare, the tax code, and theExport-Import Bank as facilitators of corruption. Let’s augment that list by […]

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Mirror, Mirror, on the Wall, Barack Obama (Surprisingly) Is Not the Biggest Spender of All

Mirror, Mirror, on the Wall, Barack Obama (Surprisingly) Is Not the Biggest Spender of All

Posted on August 29, 2013

I got involved in a bit of a controversy last year about presidential profligacy. Some guy named Rex Nutting put together some data on government spending and claimed that Barack Obama was the most frugal President in recent history. I pointed out that Mr. Nutting’s data left something to be desired because he didn’t adjust […]

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Lessons from Cyprus

Lessons from Cyprus

Posted on March 18, 2013

It doesn’t create a lot of confidence in Europe that tiny little Cyprus, with a GDP less than Vermont, is now causing immense turmoil. Though to be more accurate, events in Cyprus aren’t causing turmoil as much as they’re causing people to examine both government finances and bank soundness in other nations. And that’s causing […]

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Romney’s Big Gaffe Is TARP, not Etch-a-Sketch

Romney’s Big Gaffe Is TARP, not Etch-a-Sketch

Posted on March 23, 2012

Governor Romney’s campaign is catching some flak because a top aide implied that many of the candidate’s positions have been insincere and that Romney will erase those views (like an Etch-a-Sketch) and return to his statist roots as the general election begins. I’m surprised that anyone’s surprised.  Hasn’t anybody been paying attention to his comments […]

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The Poisonous Combination of Wall Street and Washington

The Poisonous Combination of Wall Street and Washington

Posted on December 29, 2011

Kevin Williamson of National Review is always worth reading, whether he’s kicking Paul Krugman’s behind in a discussion about the Texas economy, explaining supply-side economics, or even when he’s writing misguided things about taxation. But I’m tempted to say that anything he’s written to date pales into insignificance compared to his analysis of the corrupt […]

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Would You Rather Have Bailouts or Real Capitalism?

Would You Rather Have Bailouts or Real Capitalism?

Posted on November 18, 2011

arlier this month, I took part in an online debate for U.S. News & World Report about whether Europe or the United States was in deeper fiscal trouble. I wrote that Europe faced a bigger mess, though I warned that the United States was making the same mistakes of costly and inefficient welfare-state policies and […]

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