Quote:
Originally Posted by baygo
I think the label "corporate welfare" emerge about a decade ago when the Troubled Asset Relief Program (TARP) money was used to prop up the financial system. What many people are not aware of or refuse to bring into the conversation is that TARP was distributed as a loan and the US government made out quite well when it was repaid with interest from those who took advantage of it.
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TARP created the label BAILOUT, "corpotate welfare" has been aroound for many many decades.