On the recordFebruary 4, 2009
I think that the TARP program was induced by panic.
Source
congress.govI think that the TARP program was induced by panic.
Shelby criticizes the TARP program as a reaction to panic.
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More from Richard Shelby
As Senator Shelby at our Senate testimony hearing last March pointed out to us, we must maintain what we have before we can build new, and I think he hits the mark head-on.
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We have got to get our arms, one, around the inflation first, and then try to boost our defense capabilities in a dangerous world.
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