Academic

LARRY KUDLOW: Is TARP a Criminal Enterprise? No doubt there will be calls to prosecute a lot of go?

By Glenn Reynolds

LARRY KUDLOW: Is TARP a Criminal Enterprise? No doubt there will be calls to prosecute a lot of government lawyers and officials who, in their zeal to deal with a pressing crisis, might have broken the law. . . .

Plus, TARP oversight problems: “As head of the TARP Congressional Oversight Panel, Elizabeth Warren has massively extended her mandate, using the office as a sort of forum for broad-ranging commentary on the financial crisis. Rather than tracking the expenditure of the funds, she’s increasingly using the oversight board to push her own ideas about what should be done with the banks. This is wildly inappropriate.”

The country’s in the very best of hands.

Full post as published by Instapundit.com on April 23, 2009 (boomark / email).