Didn't we get lectured on why executives who were promised million dollar bonuses should get them even if their efforts on their own behalf screwed the economy and led to the ruin of their companies. The contract was to be honored at all cost.

Now that the shoe is on the other foot, that is, some TARP recipients are ready to pay back the government, they want to rewrite the contract. They want to forego paying the interest and other financial obligations they had agreed to when they got the money. The want a free loan. When was the last time a financial institution gave you a free loan? If in fact they have recovered, we are still paying for the effects of their transgressions.

Will Obama let them off the hook?