National Debt Clock

Monday, April 20, 2009

US to put conditions on Tarp repayment

http://www.ft.com/cms/s/0/f3bc75b2-2d1a-11de-8710-00144feabdc0.html

"The official, meanwhile, said banks that had plenty of capital and had demonstrated an ability to raise fresh capital from the market should in principle be able to repay government funds. But the judgment would be made in the context of the wider economic interest."

hmm, having the government decide what is best for the economy, sounds like central planning to me...

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