TARP IV

Just passed the Senate:

The bill would establish a $30 billion small business lending facility run by the Treasury Department and provide another $12 billion in tax relief. Smaller banks – with under $10 billion in assets – would use the Treasury fund to extend loans to small businesses, helping get these companies back on their feet and hiring new workers.

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One Response to TARP IV

  1. Ulysses says:

    If we, meaning our elected overlords, keep spending (imaginary lines on a ledger) money the same way as we’ve been spending it, surely one of these days the results will different.

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