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Report: Taxpayers still owed $133B from bailout

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  • Hawkeye79 Iowa City, IA
    Jan. 27, 2012 9:38 a.m.

    "'Over 40% of respondents said President Obama started TARP even though TARP was signed into law by President Bush on October 3rd of 2008.' - article"

    It seems like an easy enough matter to confuse, considering then-Senator Obama was a strong proponent of TARP. Of course, he shares no responsibility for helping to pass it in the Senate, right?

  • Pagan Salt Lake City, UT
    Jan. 26, 2012 2:15 p.m.

    'After the 2008 financial crisis, Congress authorized $700 billion for the bailout of financial companies and automakers, called the Troubled Asset Relief Program, or TARP. About $413 billion was lent.' - article

    Yes.

    Yes they did.

    **'Bush signs $700 billion bailout bill' - AP - Published by Denver Post - By Tom Raum - 10/03/08

    Regardless, of what some people say about TARP.

    **'Obama's TARP Slush Fund' - David Asman - Fox Business - 02/24/10

    And yet:

    **'Univ. of Maryland study finds Fox News viewers to be misinformed on key issues' - By Ryan Witt - Examiner - 12/17/10

    'Over 40% of respondents said President Obama started TARP even though TARP was signed into law by President Bush on October 3rd of 2008.' - article