Herb Allison, the head of the government's $700 billion financial bailout program, announced on Wednesday that he would resign. The TARP program, which began under President George W. Bush, became a frequent target of Republican attacks and the general public. Many people questioned the government rescue of big banks at a time when unemployment was surging and thousands of Americans were losing their homes to foreclosure. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.