The 6 Pack Economist

Does anyone think that the government not accepting the money back from TARP a good idea?

I am against this on so many levels.  How can anyone who is not a total communist think that this is good idea.  If you were against the bailout to begin with how could you not want them to give the money back?  If you were for the bailout (and not a communist) of course this would be a sign that the banks are doing just fine and the crisis has passed. 

I initial thought that they way we would see government control more and more of our lives and economics was through a more soft style power like carbon credits.  But it now seems that they want something more direct.  And how else could you control things more completely then by actually controling the money. 

The primary reason for the mess we are in was because of the government directly jamming loan requirements down the throut of the banks and by allowing Fannie and Freddie to buy crappy mortgages and take on excessive risk because the government would come to the rescue.  All of the other crap about secruitzation of debt and repackaging loans would not have been possible without Fannie artificially taking more risk then would normally be acceptable.  And no one in the government would stop it.

Does anyone really think this is a good idea?  And who else is really scared of this?