Oh, yah, the Gummint spinners (and the Banks) are happy to yappy that TARP is a profit-maker.
Well, yes.
If you don't count the $135 billion (and maybe $245 Billion) that Fan/Fred are losing.
...On crap-paper they bought from the Banks.
....which Banks are now "repaying" TARP, with interest.
IOW, the taxpayer recapitalized the Banks, then cleaned up their portfolios---and now Obama/TurboTim & Co. are telling you that it was a helluva good deal for the taxpayers.
*No, not ALL the Banks. Not yet, anyway.
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