Reply #44: Thank you, I appreciate the links

[customerserviceguy]

I haven't been getting anything above channel 21 for quite some time, my lady and I decided to cut back to the very, very basic $30 per month cable package which gives us area broadcast channels and three PBS stations, so we have been getting by. I wasn't aware of her support for TARP.

However, two things:

1) I don't see any statements by her on the moral failure of the people who tanked those banks, and caused those bailouts. In the first link you cite, she clearly faults the banksters for getting us into the situation, and I doubt she'd oppose criminal and/or regulatory action to contain these individuals and institutions.

2) Clearly, she's coming from the perspective that if the bailouts had not happened, a lot of little people in this country (and the world) would have been hurt far worse than they already have been. That puts her squarely in line with the President we elected, who appointed one of the bailout's architects to be our current Secretary of the Treasury. That President has a Justice Department that's done nothing to prosecute those who got us into this mess, and are still profiting from it.

Would there have been a financial Armaggeddon if the bailouts had not occurred? I guess we'll never know, because TARP did happen. We now have an administration that says that TARP worked, and made the country a profit. Why that excuses anybody who might have necessitated this drastic 'solution' is beyond me.

Yes, Suze Orman apparently did fan the flames that ignited TARP, but by far, she wasn't the only one.