WHATS A PIRATES FAVORITE LAW?
TAaaRrrP. The article notes that USVI Governor John deJongh, Jr. had no idea that his deal with Diageo would cause the world’s largest booze maker to become an “unlikely beneficiary” of TARP funds. Nonsense. Everyone is likely to be a beneficiary of TARP funds, if you don’t count the fact that we each must now pay for one another’s windfall revenues. If government is the illusion that each of us can live at everyone else’s expense, TARP is what that illusion looks like. Longer and even less interesting to read than Moby Dick (admit it: the middle is the doldrums), TARP, which spends roughly $1 billion per page, was deliberately slammed together and down the taxpayers’ throats by Barack Obama (D), Harry Reid (D) and Nancy Pelosi (D) quite probably to avoid public scrutiny. To paraphrase Mr. Obama’s Chief of Staff, the administration didn’t let the financial crisis go to waste. This notion that TARP’s countless ill effects had not been foreseen has got to go. The entire purpose of TARP w
