Comments about ‘Report: Taxpayers still owed $133B from bailout’

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Published: Thursday, Jan. 26 2012 2:10 p.m. MST

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Pagan
Salt Lake City, UT

'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

Hawkeye79
Iowa City, IA

"'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?

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