Detailed text transcripts for TV channel - MSNBC - 20120613:08:21:00
Unpopular second round of tarp bailout money to save the private financial industry. and he did that knowing it was going to be on his record, that everyone would hate him for that because everyone hated tarp but he did it because if he hadn't, the bailout hadn't gone through, we would have been in danger of losing our banking system and private businesses would have not been able to access capital. obama could have gone in a different direction by listening to the many economists who told him to nationalize the banks but he didn't. left them under private management. then he had to usher thro...