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Old 04-20-2009, 01:19 AM
 
11,944 posts, read 13,927,006 times
Reputation: 2772

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Quote:
April 20 (Bloomberg) -- Obama administration officials signaled there may be no need to request more financial-rescue funds from Congress as several banks plan to return taxpayer money and others are pushed to tap private markets first...
“We believe we have those resources available in the government as the final backstop to make sure that the 19 are financially viable and effective,” Emanuel said on ABC’s “This Week” program. He added that “we will be able to avoid” temporary nationalization of the weakest of the big banks.
http://www.bloomberg.com/apps/news?p...m2s&refer=home
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Old 04-20-2009, 01:24 AM
 
Location: San Antonio, TX
1,030 posts, read 1,374,682 times
Reputation: 254
that would be nice. Maybe the states can give back the 200 billion in stimulus money too.
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Old 04-20-2009, 11:01 PM
 
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Or maybe they'll use it wisely and get america producing vs shell game BS of wall street.
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Old 04-21-2009, 06:20 AM
 
Location: Charlotte
12,642 posts, read 14,786,704 times
Reputation: 1679
Quote:
Originally Posted by harborlady View Post
Or maybe they'll use it wisely and get america producing vs shell game BS of wall street.
This is becoming more and more interesting by the day...

Quote:
The following table details how the Fed and the government have committed the money on behalf of American taxpayers over the past 20 months, according to data compiled by Bloomberg.
Source

Oil's sitting around unused (almost overflowing), Banks are giving back money, credit is choked off, housing is at it's most affordable level...looks like we're a healthcare fix away from a mega spike in productivity once we shake a few things out....

Oh, and they've used less than 1/3rd of the money they've asked for....
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Old 04-21-2009, 06:24 AM
 
Location: DFW - Coppell / Las Colinas
38,825 posts, read 43,695,739 times
Reputation: 48737
Quote:
Originally Posted by nrfitchett4 View Post
that would be nice. Maybe the states can give back the 200 billion in stimulus money too.
No, I say let's stick it to our grand kids. We might want them to get a good part time job starting in about the 2nd grade to help pay back the debt we've accumulated.
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