Barney Frank is recommending that we use the dividends from the financial institutions that received TARP funds to support a "TARP For Main Street" program that would provide financial assistance with mortgage payments to those that are unemployed.
JMO:
I like that Barney Frank appears to be focused on the plight of the homeowner. I can't help but wonder how much more effective this might have been if we had allocated more of the $750 Billion towards this initiative, rather than $2 Billion?
Friday, July 10, 2009
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