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Memo Pad

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Does It Really Matter How Elizabeth Warren Spent TARP Oversight Funds?

September 22nd, 2011 4:53 pm Matt Taylor

Sometimes it seems like Republicans — and much of the press covering them — are more worried about how those scrutinizing the financial industry and the nature of the 2008 economic collapse are spending their rather small operating budgets than the big picture: the hundreds of billions doled out to the big banks.

Thus the latest broadside at the Massachusetts Senate candidate, former chair of the Troubled Asset Relief Program (TARP, the bailout of the banks) Congressional Oversight Panel, and mastermind of the new agency to protect consumers from bad faith financial actors, Elizabeth Warren:

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  • jussmartenuf

    So very Republican to keep their eye on the hole, rather then the donut.

  • Indy 60

    Every investigation the Republicans have conducted since coming into office has been for the big guy and against the little! If it helps the average citizen they either veto it, underfund it, investigate it or dismantle it. Just like the housing program that they blame on the people who got the houses! Not the banks or mortgage companies who created a Ponzi scheme and made millions lose their investments. But on the person buying the home, going for a variable rate (that they were told was the best way). Who got bailed out – the guy running the scheme, the homeowners just lost their money, their homes and their credit. But it’s their fault for being fooled. It’s all typical Republican ways. Blame the little guy who can’t fight back, not the big guy who gives you gifts for voting his way.