Flemington, NJ Tea Party

The website for the Flemington Tea Party (SM) group, Hunterdon County, New Jersey.

Monday, April 27, 2009

TARP: The Looming Debacle

"On April 21, the Special Inspector General for the Troubled Asset Relief Program Act of 2009 -- 'SIGTARP' -- submitted his quarterly report to Congress on his office's activities in relation to the TARP program. The report is a disquieting document that should be read by every American--certainly be every taxpayer.

The Inspector General's report documents the stunning and at least partly illegal expansion (emphasis added) of TARP from the $700 billion originally allocated by Congress to what is now a $3 trillion complex of programs."

Read the whole thing at:

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