Taxpayers will probably never be paid back from the bail outs (Obama, dollars)

[jimhcom]

Taxpayers still owed $132.9B from bailout: report - Yahoo! News

It looks as if the taxpayers will be footing the bill for the wealthy to be bailed out to the tune of over $100 billion dollars.
Yep, best government big money can buy.

[Cletus Awreetus-Awrightus]

yet another article that thinks the bailouts simply consisted of "TARP."

[AeroGuyDC]

$133B Bailout Dollars/$4B daily interest on the debt = 33 days that the government will have annihilated those dollars should they be repaid.

Robbing Peter To Pay Paul at it's finest.

[Dutchman01]

The banks paid theirs back. GM will probably never be able to. Chevy volt, good grief.

[Cletus Awreetus-Awrightus]

Originally Posted by Dutchman01

The banks paid theirs back.

LOL you seriously think that?

[cougfan]

Originally Posted by Dutchman01

The banks paid theirs back. GM will probably never be able to. Chevy volt, good grief.

Don't forget: In Obamanomics, a writedown = paid back.

Now I'm waiting for those dividend checks from Petrobras to start rolling in!

[Skinny Puppy]

Banks are borrowing money from the feds at 0%, using that money to buy treasury bills and earning 1-2% on the bills. Sounds like a scam to me.

[summers73]

Originally Posted by Skinny Puppy

Banks are borrowing money from the feds at 0%, using that money to buy treasury bills and earning 1-2% on the bills. Sounds like a scam to me.

Would you lend out money to Joe Blow who could default at 4% for 30 years when you can get a guaranteed sweet spread like that? Too bad people don't realize that banks aren't lending because of this. Money squatting courtesy of the government and the Fed.

[TempesT68]

Originally Posted by Cletus Awreetus-Awrightus

LOL you seriously think that?

No kidding, the only thing the bankers did was go on lavish vacations on taxpayer dime.