Peter Ferrara: The President's Permanent TARP Bailout Socialism Bill
ACRU General Counsel Peter Ferrara wrote a column appearing on the American Spectator website on April 28, 2010.
The Tea Party, with overwhelming agreement from the American people, opposes any further TARP bank bailouts. But just as with the health care bill, Washington’s ruling Democrats are laughing off the Tea Party, and ignoring the American people.
President Obama’s so-called Financial Regulatory Reform bill institutionalizes permanent TARP bailout authority across the entire financial sector, indeed, for any company that can be deemed involved in financial activity of any sort. Washington is operating today as if we have been conquered by a foreign power that has suspended […]

