US Federal Watchdog: "TARP Program Opens Way for Deeper Future Economic Meltdown - by Christopher Neefus

Neil Barofsky, the man tasked with overseeing the administration of the Troubled Assets Relief Program (TARP), told Congress in a report released Sunday that the bank bailouts have cleared the path to another financial crisis -- potentially even more grave than the 2008 crisis.

“(E)ven if TARP saved our financial system from driving off a cliff back in 2008,” Barofsky wrote, “absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car.”

For the complete report:CNSNews.com - Federal Watchdog: TARP Program Opens Way for Deeper Economic Meltdown