Comments about ‘Don't recycle TARP money, Hatch says’

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Published: Friday, June 12 2009 12:00 a.m. MDT

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Kelvin

Hatch sounds like the kid who helped run up the huge credit card bills, then complains when dad has to pay them off. "Dad, why are you giving money to the credit card companies, just give it to me instead"

Hatch is right, but...

Recycling of these funds to continue spending does seem a waste. But on the other hand putting the funds in to the general fund it will still get spent on earmark projects. Whatever funds are returned or not used should go in to the debt acquired to get the TARP money, pay off the creditors. Paying the debt to creditors and raising the value of the dollar in the world would do more to stop inflation and give the american people more buying power. We are so dependent on unwanted imports that the dollar value has a big impact on the economy and inflation.

The too big to fail companies have made their own beds and if they fail it is of their own doing by mismanagement of their profits. The world is not as it once was and it will not recover to its previous state. Otherwise we will be having the same problems the system created to start it all. It's time to get out of the box and face the real world, the US is not the world power it thinks it is.

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