Lou wrote:
Gee dennis you're as thick as your boy Rush is fat . Tarp was not corporate welfare , it was an economic emergency action . Initiated by Bush , to his credit , and continued by Obama to his credit .
You can continue to make believe that the two are the same , but that's what you're all about anyway dennis-poo . :mrgreen:
i guess your all for the detroit bail out, even with money we dont have .and as far as bail outs we have been bailing out the banks to the tune of 85 bil a month for the last 2 1/2 yrs.
Syria and Egypt? Obama thinks we have 57 states. Maybe he should tour America before arming AL Qaida rebels in Syria
Lou wrote:
LOLOLOL....and you have it with Palin ??? You'd first have to tell what A Syria and an EGYPT is . :XD: :XD: :XD: :XD:
DennisDee wrote:
The idea that TARP is somehow a wash because a few banks repaid the bailouts with interest is misleading. The reality is that bailed-out firms essentially wrote off their losses on taxes. As of Dec. 30, TARP was still owed $67.3 billion, including $27 billion in realized losses which is to say, that money is gone and is never coming back. See the inspector generals Jan. 30 report on TARP.
http://www.marketwatch.com/story/losses-mounting-in-bank-bailouts-2013-02-12You'd better check your sources dennis poo .
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector that was signed into law by U.S. President George W. Bush on October 3, 2008. It was a component of the government's measures in 2008 to address the subprime mortgage crisis.
The TARP program originally authorized expenditures of $700 billion. The DoddFrank Wall Street Reform and Consumer Protection Act reduced the amount authorized to $475 billion. By October 11, 2012, the Congressional Budget Office (CBO) stated that total disbursements would be $431 billion and estimated the total cost, including grants for mortgage programs that have not yet been made, would be $24 billion.[1] This is significantly less than the taxpayers' cost of the savings and loan crisis of the late 1980s but does not include the cost of other "bailout" programs (such as the Federal Reserve's Maiden Lane Transactions and the Federal takeover of Fannie Mae and Freddie Mac). The cost of the former crisis amounted to 3.2 percent of GDP during the Reagan/Bush era, while the GDP percentage of the latter crisis' cost is estimated at less than 1 percent.[2] While it was once feared the government would be holding companies like GM, AIG and Citigroup for several years, it was reported in April 2010 that those companies are preparing to buy back the Treasury's stake and emerge from TARP within a year.[2] Of the $245 billion handed to U.S. and foreign banks, over $169 billion has been paid back, including $13.7 billion in dividends, interest and other income, along with $4 billion in warrant proceeds as of April 2010. AIG is considered "on track" to pay back $51 billion from divestitures of two units and another $32 billion in securities.[2] As of December 31, 2012, the Treasury had received over $405 billion in total cash back on TARP investments, equaling nearly a non-inflation-adjusted 97 percent of the $418 billion disbursed under the program.[3]
what was that you were saying dennis-poo ? :mrgreen:
Lou wrote:
LOLOLOL....and you have it with Palin ??? You'd first have to tell her what A Syria and an EGYPT is . :XD: :XD: :XD: :XD:
you believe all this crap the media puts out for the dems i see why teh republicans cant win ,they cant get good candates to run ,they dont want to put up with the lies and personal destruction from the demorats and their media. so we get the likes of obama.
Don't worry dennis-poo I'm sure you can find some more websites that put the slant where you desire it . :mrgreen:
vernon wrote:
you believe all this crap the media puts out for the dems i see why teh republicans cant win ,they cant get good candates to run ,they dont want to put up with the lies and personal destruction from the demorats and their media. so we get the likes of obama.
blah , blah , blah , the whole world is plotting against the Tea Bags .
Reminds me of the Teens I used to counsel , it wasn't THEM , it was the" rest of the world ".
I provided my source and a link
Marketwatch is a financial website respected by both side
Lou wrote:
You'd better check your sources dennis poo .
alex
Loc: michigan now imperial beach californa
RETW wrote:
Oh please. What the hells wrong with calling a spade a spade. Come on hem-or-rhoid, you want to play patty fingers with them. You don't see the democrats losing there edge of hostility. What you ascribe, is the very reason were in this mess in the first place. Grow up some time before your dead. :hunf: :hunf: :hunf: :hunf:
the reason the (republicans) fed that bs to the dumbocraps was because mccain wanted to run a losing campaign and Palin wanted to run a winning campaign
Dave
Loc: Upstate New York
DennisDee wrote:
I provided my source and a link
Marketwatch is a financial website respected by both side
Dennis - you waste your time with fools who ultimately can only resort to ineffecitive attempts at personal insults - the more respond the more troubled he becomes. I've enjoyed ignoring him while providing the needed pity to one so mentally and morally damaged.
alex wrote:
the reason the (republicans) fed that bs to the dumbocraps was because mccain wanted to run a losing campaign and Palin wanted to run a winning campaign
yeeeeeeeaaaaaa that's it Alex . McCain wanted to lose . Not that he felt the need to get a woman on the ticket , and in his haste chose the biggest dingbat in the country . Oh wait , I'm sorry , the biggest is Bachmann , Palin is second biggest .
Dave wrote:
Dennis - you waste your time with fools who ultimately can only resort to ineffecitive attempts at personal insults - the more respond the more troubled he becomes. I've enjoyed ignoring him while providing the needed pity to one so mentally and morally damaged.
oh go stuff it Dave . you've ignored nothing , you simply react to my posts by spilling your bile to another poster . And you know it .
Obama was the biggest dingbat in the nation. His resume is 20 years in the South Side of Chicago. Which is NOW a HELLHOLE. What did he do? Nothing
Lou wrote:
yeeeeeeeaaaaaa that's it Alex . McCain wanted to lose . Not that he felt the need to get a woman on the ticket , and in his haste chose the biggest dingbat in the country . Oh wait , I'm sorry , the biggest is Bachmann , Palin is second biggest .
Lou wrote:
yeeeeeeeaaaaaa that's it Alex . McCain wanted to lose . Not that he felt the need to get a woman on the ticket , and in his haste chose the biggest dingbat in the country . Oh wait , I'm sorry , the biggest is Bachmann , Palin is second biggest .
I am from Minnesota and I would appreciate if you didn't mention Bachmann as she is a huge embarrassment and yes she is definitely worse than Palin
Bachman is a lovely lady. Al Franken is the embarrassment. You elected a CLOWN
bluejacket wrote:
I am from Minnesota and I would appreciate if you didn't mention Bachmann as she is a huge embarrassment and yes she is definitely worse than Palin
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