TARP, Roy, Robin and the Republicans

This is a post from the conservative blog called Redstate. In this posting Bill argues for the Troubled Asset Relief Program (TARP). In his argument he explains the financial standing of the country in 2008. He claims that during this time he read allot of articles and recieved E-mails that fore told the collapse of allot of financial institutions. Bill goes on to talk about senators from MO that are using the TARP programs as a part of their campain for re-election in November. In this he bashes Democratic candidate Robin Carnahan saying she "basically" stated she would have supported the program, but she opposed them due to support by the opposition. This statement shows bias toward the Conservative party and some-what ignorance due to the fact that many right winged representatives pull that very same trick in not supporting anything the opposing side supports. Although Bill seems to create a good argument toward the good that has come out of the passing of the TARP bill, he does not, however, bring up any of the down sides to the bills passing. For example, the bank bailout that was intended for the banks to use rebuilding their companies; Many of these companies, due to the government not tracking what these businesses were doing with the money, gave big bonuses to their CEO's as a gift for failing epically. This is just one example of how our tax money has been wasted by these government programs because the federal government does not intervene with these large corporate power houses.