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Romney: TARP Is A 'Slush Fund'

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Former GOP presidential candidate Mitt Romney

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Former (and perhaps future) GOP presidential candidate Mitt Romney said on CNN this afternoon that the troubled asset relief program has become a "slush fund" being misused by the Obama administration.

TARP has served it's purpose. TARP ought to be ended. We've got hundreds of billions of dollars there that is being used a slush fund by Secretary Geithner and the Obama administration.

Romney also declared that "the stimulus didn't work" and that "this is a national crisis."

Romney did say he agrees with President Obama on the escalation of the Afghanistan war -- though the former Massachusetts governor took a couple shots at how long it took Obama to make his decision.

"It took him a long time," Romney said. "That was a mistake, of course."

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