Barney Frank: Let’s spend TARP profits before taxpayers can get them

Coachep.com ^

[coachep95]

Byron York is on to Barney Frank, who’s hand has been caught in the cookie jar, AGAIN.

When President Obama announced on June 9 that some financial institutions would be allowed to repay Troubled Asset Relief Program dollars, he said the massively expensive TARP bailout had made money for the federal government. “It is worth noting that in the first round of repayments from these [TARP recipients], the government has actually turned a profit,” the president said. Indeed, TARP supporters have long held out the hope that the program might be profitable.

[pieceofthepuzzle]

Barney Frank is a criminal and we have the wonderful voters of Massachusetts to thank for him. If they redirect whatever comes back from the banks into democrat earmarks this is theft, and one of the biggest ‘redistribution of wealth’ schemes we have seen to date. They put our children and our children's children into debt by handing out all this money, now when some of it comes back they want to use it for their favorite programs? How long and how far do we let this go? I feel as though people like Bill Ayers escaped prosecution for treason and are now essentially running the country. All this approach will do is to make people resentful, bitter, less ambitious, and less likely to be charitable. Wonderful.

[whitedog57]

“I feel as though people like Bill Ayers escaped prosecution for treason and are now essentially running the country.”

They ARE running the country. All of them should be tried for treason.

[ding_dong_daddy_from_dumas]

Barney Frank: Let’s spend TARP profits before taxpayers can get them

Here is a news flash for those who said that the TARP was an emergency that had to be passed immediately without thinking, and that the money would be "repaid." Even if the recipients pay it back 100%, guess who gets to spend it.

[stephenjohnbanker]

““I feel as though people like Bill Ayers escaped prosecution for treason and are now essentially running the country.”

They ARE running the country. All of them should be tried for treason.”

B U M P

[stephenjohnbanker]

I figured this would happen. To a left wing liberal, paying back the government for anything is satanic ;-)