[WVKayaker]

Treasury's sale of 1.5 billion shares of Citigroup stock that provided gross proceeds of $6.18 billion helped the Department surpass the outstanding balance. Dimocraps Ponzi scheme...

I am convinced that the banks are playing the stock markets and artificially generating "profits" which they use to "pay back"...

[meyer]

Misleading headline. It tries to imply that repayment has exceeded the amount borrowed, when actually, repayment has just passed the halfway point. Considering many banks were coerced into taking TARP funds by our corrupt government, I don’t think that this “milestone” means much of anything.

[silverleaf]

every repayment of TARP reduces the “Bush deficit” that was “inherited” by zerO

[blueyon]

Well if they are trying to spin this as a good thing then the credit goes to GEORGE BUSH as he took all the blame.

[SF_Redux]

so, who’s pockets is that going into?

[skr]

Not smart enough for this—where are they getting the money from?

[norwaypinesavage]

Hmmmmm... TARP worked, and Stimulus failed. That means: Bush = success; Obama = failure. I'm sure glad Pelosi has committed to “stop blaming Bush when the problems go away.”

[Dilbert56]

TARP should have been ended the moment the immediate crisis had passed. If AIG had collapsed it would have taken other firms with it; it had tentacles everywhere. However, once that crisis was averted TARP should have been ended. Having a multi-hundred billion dollar slush fund lying around the Executive Branch was wrong. Congress alone is empowered to authorize expenditures. This was an abdication of its duties under the Constitution.

Shocker, the current president abused it. Hard to believe, I know.

[rawhide]

So what! This means nothing! So the receipts coming back exceed the remaining TARP balance, what is the big deal?

[NTHockey]

Right, just like 0bambi Motors repaid their loan early.

[elpadre]

Congress must move to forbid any further spending or transfer of funds from TARP or the stimulus money and apply it to the national debt - pronto!!

[Pearls Before Swine]

Every saver is paying for this at least twice. First, because of the Fed’s manipulation of interest rates, the banks are able to raise huge amounts of money by investing in the carry trade. Savers are subjected to ZIRP (zero interest rate policy) while the money centers use these trapped funds to buy T-Bonds yielding about 4%. Of course, the downside of this is that if and when rates rise, the banks will experience huge capital losses on the T-Bond holdings.

So, this is a peculiar case of double dipping: We taxpayers pay now, AND we pay later.