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To: Toddsterpatriot

You are confusing “banks” with 99%ers, about whom my comments were directed....the ‘nanny’ was definitely NOT a ‘bank’......

As far as TARP goes, neither you nor I will ever be privy to a full accounting of who got what, for what. Count on it.


12 posted on 11/17/2012 9:07:06 AM PST by Gaffer
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To: Gaffer

The 99% got the largess?


14 posted on 11/17/2012 9:21:04 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Gaffer
The other problem is that TARP covered for bad loans in insolvent banks that should have all been liquidated. Instead we undertook the Japanese strategy of keeping that overhang around to drag on the economy to the present and beyond. TARP brought us statism, Obama, bailouts for the auto industry and trillions in "stimulus" waste.

The alternative to TARP which is rarely talked about is the failure of major banks which would have put FDIC into a trillion dollar hole. But place of a trillion or so we have numerous Obama-spent trillions with nothing to show for it.

16 posted on 11/17/2012 9:29:32 AM PST by palmer (Jim, please bill me 50 cents for this completely useless post)
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