The Successful Facebook Bailout - The American Spectator | USA News and Politics
The Successful Facebook Bailout
by

Whenever someone trots out the administration’s line that TARP was a success because the government is likely to make a profit on the bank bailouts, I reply with a hypothetical. The government could have also “bailed out” a perfectly healthy, up-and-coming company like Google in October 2008, and would have realized a huge profit by now. But that doesn’t mean it would have been a good thing to do. 

Now it seems, however, that that scenario might not be so hypothetical after all.  

Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://spectatorworld.com/.

Be a Free Market Loving Patriot. Subscribe Today!