[Toddsterpatriot]

the minute the massive bailouts, TARP, HARP and QE end. Wall street with the trillions of taxpayer bailouts is the only thing keeping NYC and surrounding counties afloat...

TARP was paid back, years ago, at a profit to the Treasury. HARP had nothing to do with Wall Street and was a huge failure.

QE doesn't involve taxpayer dollars. It does transfer interest income from the banks to the Fed (Treasury).

[bt-99]

I find it hard to believe the assertion that Quantitive Easing does not involve taxpayer dollars-really? My understanding of QE, as a person with two degrees in finance, and also a CFA does not concur with this observation. When the Treasury issues all of this paper who is the guarantor on it? Is it not the US taxpayer?