HAPPY BIRTHDAY, TARP!

One year ago today, a bill was signed into law by President George W. Bush that would:

provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purpose.

Make sure you mark this momentous occasion with jubilant glee. Presents to TARP will be collected by your local IRS agent. And this is not an option.

TARP

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