Bail-Out doesn't Work

And here is the proof: 100 banks that received “bail-out” money from Obama’s government are now on the verge of failure. They almost failed before because of bad management, and that same management used the bail-out money to fail again. Giving money to businesses that are badly managed only slows down the process by giving those bad managers more money to fritter away. Obama’s practice of FORCING some businesses to take bailout money is just as bad, though some of the banks and other businesses they forced to take the money have since paid it back. “Treasury insists that TARP continues to perform well, even with the eroding financial position of its recipients.” What this tells me is Obama’s government is myopic at best, blind at worst. They tell you they’re doing well when we all know they are NOT. (HotAir)