John Kerry's War on Party Planning and Events: New Bill Restricts TARP takers

The New York Post reports:

Last week, the Massachusetts lawmaker introduced the TARP Taxpayer Protection & Corporate Responsibility Act, which would prevent all 421 institutions that received federal bailout money from "hosting, sponsoring, or paying for conferences, holiday parties and entertainment events."

Kerry introduced the bill after learning the Northern Trust Corp. of Chicago, a profitable bank that received $1.6 billion in government cash, had sponsored a golf tournament in Los Angeles with special outings for clients featuring performances by Earth, Wind and Fire and Sheryl Crow.

A better idea would be to get rid of TARP,the Federal Reserve System,Fannie,Freddie,and HUD.