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I agree there were better options than TARP and its related programs to deal with the financial crisis. I just don't think it's accurate to characterize the ba
by djur 13y ago
I agree there were better options than TARP and its related programs to deal with the financial crisis.
I just don't think it's accurate to characterize the bailouts as theft (or "rape", as has another commenter), and I don't think inaction (and the subsequent collapse of the financial system) was an acceptable option considering the massive pain and privation it would have caused.