Earlier this week it was reported that the Obama Administration has decided to change how the $700 Billion in TARP funds will be utilize to bailout banks. The basics of the plan include…the Administration argues, is not the “Nationalization” of the nation’s banking industry…If this is true, here is a better way to remove more debt from the bank’s books at no additional cost to the tax payer, help remove some pain for the average American, ensure TARP funds are paid back and get the economy rolling again – without Nationalization…

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In what is being described as a method to “Stretch Tarp Funds” and not “the Nationalization of Banks”, the Obama Administration reportedly has decided to switch how it will use Tarp funds to bailout banks. Instead of utilizing Tarp funds as originally…The reaction from critics to the plan? Peter Morici, an University of Maryland Economist, was quoted stating…

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