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Why Obama’s new Tarp will fail to rescue the banksWhy Obama’s new Tarp will fail to rescue the banks Has Barack Obama’s presidency already failed? In normal times, this would be a ludicrous question. But these are not normal times. They are times of great danger. Today, the new US administration can disown responsibility for its inheritance; tomorrow, it will own it. Today, it can offer solutions; tomorrow it will have become the problem. Today, it is in control of events; tomorrow, events will take control of it. Fred Garvin's blog | login to post comments |