Hmmm, interesting proposal VRM. Not sure that would have worked, but then again, no one is really sure how ANY of the TARP was/is going to work. So far it does seem to have worked enough to stabilize the world wide markets. Things in general are looking up. Unemployment is going to remain high for years to come I'm afraid. That fact may be Obama's undoing come election time. Not a lot he or anyone else can do about it though.
I saw a recent poll that asked the question what was the major indicator of a "recovery". The answer was overwhelmingly unemployment numbers. In that regard, Obama is SO screwed.
