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Remember TARP - my that seems so long ago. Anyway, it expires Sunday with some large amount of the money unspent and final cost projections adjusted way down.
Remember TARP - my that seems so long ago. Anyway, it expires Sunday with some large amount of the money unspent and final cost projections adjusted way down.
TARP, that was a Bush project not an Obama project.
Do you think Barry is going to return the unspent money to have the debt paid down? Or, will he put it into another failes stimulus/jobs/progressive campaign program?
TARP, that was a Bush project not an Obama project.
Do you think Barry is going to return the unspent money to have the debt paid down? Or, will he put it into another failes stimulus/jobs/progressive campaign program?
"Whatever the final losses from housing, auto companies, A.I.G. or smaller banks, those will be offset by taxpayers’ profits from the big banks that have been the focus of their ire since 2008."
Gee, you'd think right wingers would be relieved by this news.
"Whatever the final losses from housing, auto companies, A.I.G. or smaller banks, those will be offset by taxpayers’ profits from the big banks that have been the focus of their ire since 2008."
Gee, you'd think right wingers would be relieved by this news.
Did you get your stockholder dividend from GM after we the taxpayers purchased it? I didn't; nor did I get anything from AIG or Goldmann-Sachs.
They should have been allowed to FAIL. It would have been cheaper in the long run and we as a nation would have already suffered most of the economic pain. Our debt would not have been monitized by the FED to the extent it has been now.
With the quadrupeling of our debt in Obama's 19 months in office and his failed "stimulus/jobs" legislation, with his additional taxation and regulations under Obamacare and this so-called financial reform, with the monitization of this historic debt, we face significant economic pain ahead.
Did you get your stockholder dividend from GM after we the taxpayers purchased it? I didn't; nor did I get anything from AIG or Goldmann-Sachs.
They should have been allowed to FAIL. It would have been cheaper in the long run and we as a nation would have already suffered most of the economic pain. Our debt would not have been monitized by the FED to the extent it has been now.
With the quadrupeling of our debt in Obama's 19 months in office and his failed "stimulus/jobs" legislation, with his additional taxation and regulations under Obamacare and this so-called financial reform, with the monitization of this historic debt, we face significant economic pain ahead.
What you should have done is brought stock in Goldman Sachs. It actually rebounded nicely in 2009. Actually there were several banks and other corporation you should have been BUYING when all hell was breaking loose. This is something that I learned back in the recession we had in 2001 and 2002. Many companies like Apple and Amazon were picked up at incredibly low prices and with a little time and patience they returned super profits.
Did you get your stockholder dividend from GM after we the taxpayers purchased it? I didn't; nor did I get anything from AIG or Goldmann-Sachs.
No, I wouldnt have held GM or AIG after about early 2008. Why didn't you get dividends from GS? Talk to your broker, sounds like he sucks.
Quote:
Originally Posted by lifelongMOgal
They should have been allowed to FAIL. It would have been cheaper in the long run and we as a nation would have already suffered most of the economic pain. Our debt would not have been monitized by the FED to the extent it has been now.
With the quadrupeling of our debt in Obama's 19 months in office and his failed "stimulus/jobs" legislation, with his additional taxation and regulations under Obamacare and this so-called financial reform, with the monitization of this historic debt, we face significant economic pain ahead.
See James Altschuler link a few posts above and many hundreds of articles of varying complexity all over the innernets as to why "let um fail!", though fun to bray, in reality would have been a big fat disaster.
TARP Expires Sunday, Will Cost a Lot Less than Projected
For some. It cost one of my Senators a bid for Governor in the primary. It's going to cost her re-election to the seat in two years. TARP would have passed without her vote. A costly vote.
She's going to return to her state a broken old woman. And we'll jeer AT her.
TARP Expires Sunday, Will Cost a Lot Less than Projected
For some. It cost one of my Senators a bid for Governor in the primary. It's going to cost her re-election to the seat in two years. TARP would have passed without her vote. A costly vote.
She's going to return to her state a broken old woman. And we'll jeer AT her.
Um, the article illustrates how your senator did the right thing for you. Why would you have this nonsensical attitude about it?
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