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Originally Posted by SOREHOOF
Don't confuse Stimulus (American Recovery Act) with the TARP bailouts. TARP may have been a necessary evil (that I was totally against) the stimulus was a spending binge.
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Im not confusing the two. Tarp came in fall/winter 2008. Dow hit 6500 late winter/early march 2009. Stimulus helped take the market out of freefall. It didnt change the "economy" but surely you would agree that it changed the markets.
03-07-2010, 11:35 AM
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