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Yes. For more explanation, see:
http://en.wikipedia.org/wiki/Subsidy
As conceived, the government funds are used to purchase troubled assets. It appears to be a form of assistance consistent with the definition of a subsidy.
Yes the law said that the funds were to be used to puchase troubled assets, but that is NOT what is happening. The Treasury appears to be breaking the law in their award of the funds.
See Kucinich inquiry posted on YouTube. The link below is a start.
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