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Line 603:
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→libertarian vs. conservative republicans: ok
Conservative republicans and libertarians were opposed to bush bailouts, but I know they two camps differ on social issues like abortion so i altered the sentence to just mention the phrase advocates of free market capitalism. [[User:Conservative|conservative]] 02:30, 5 August 2009 (EDT)
Conservative republicans and libertarians were opposed to bush bailouts, but I know they two camps differ on social issues like abortion so i altered the sentence to just mention the phrase advocates of free market capitalism. [[User:Conservative|conservative]] 02:30, 5 August 2009 (EDT)
:agreed.
::I added the $ details. TARP is the #1 bailout program--demanded by Bush and signed by him in Oct 2008--at $700 billion. That money covers the banks and GM bailouts, for example. In addition Bush gave guarantees for hundreds of billions of toxic assets for AIG, Fanny Mae and Freddy Mac (as well as some banks like Wachovia and Washington Mutual)--how much of the guarantee $$$$ actually will be spent is a big unknown as of today. Some specific details are at [[Financial Crisis of 2008]]. [[User:RJJensen|RJJensen]] 02:34, 5 August 2009 (EDT)