The news that TARP earned a 8.25% rate of return is good, and a lot of the emotion over TARP is irrational, but I don’t think it’s entirely wrong to still be upset about TARP. If a private investor were taking on the kind of risk, they’d want a rate of return far in excess of the average corporate bond return (which is now about 6%), because at the time the TARP investment was made, it was far riskier than the average corporate bond.
Sarcasm is the only way to deal with real news these days. TARP earned better than average returns. You would think it lost money according to Tea Baggers. Surprise, Tea Baggers are completely wrong.
You won't hear about this on FOX. Why report that the Government's TARP worked and earned money when all you want are "fake rage" and ratings instead of news.
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