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To: Toddsterpatriot

$66 billion paid back; at least $634 billion to go. So far, a not impressive 10% recovery. The financial institutions and the Feds have better hope for a quick economic recovery if there is any chance of a greater payback. Given the likelihood of more taxes and greater regulations and the inflationary effects of trillion dollar deficits, the normal recovery from a recession will be thwarted, just as the New Deal legislation retarded the recovery from the 1929 crash. If commercial real estate suffers the same degree of downturn that residential real estate and the derivatives market have, then the banks and insurance companies will be approaching the Feds hat in hand once more.


13 posted on 06/17/2009 2:20:24 PM PDT by Wallace T.
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To: Wallace T.
$66 billion paid back; at least $634 billion to go. So far, a not impressive 10% recovery.

LOL!

15 posted on 06/17/2009 2:22:12 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Wallace T.

..not even 10% recovery yet...

Hey, I am happy we even got a nickel of it back. 60+ bil is not chump change.


35 posted on 06/17/2009 2:54:51 PM PDT by mono
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