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To: Clive
Fortunately, though, the bank, brokerage houses and their respective executives are saved and bailed out by a multibillion dollar, no-strings attached cash infusion from the government.

Fortunately, they repaid the loans from TARP at a profit to the Treasury.

5 posted on 11/19/2011 7:40:34 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

uh huh. Sure.

The taxpayers are still in the tank for tens of billions with GM alone. Can’t sell the stock without losing $16 billion or more.

Government should NEVER get involved with running or funding businesses. ever.


9 posted on 11/19/2011 8:03:11 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Toddsterpatriot
LOL, show me the day the repayment reduced the debt, and actually aig still owes trillions, as does the banks of Europe as does gm. Open the books, and show everyone, get little Timmy to show the books.
27 posted on 11/20/2011 12:35:40 AM PST by org.whodat (Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
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To: Toddsterpatriot
And the hundreds of billion given to Freddie and fanny, when do we get that back.
28 posted on 11/20/2011 12:37:09 AM PST by org.whodat (Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
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To: Toddsterpatriot
Fortunately, they repaid the loans from TARP at a profit to the Treasury.

Even if true, making a profit on inappropriate government loans would not justify the initial unconstitutional action. And can you provide a link to support that claim, not that we made a profit on some TARP loans, but that we made a profit overall on TARP? Personally, I hope every Stimulus,TARP, and Bailout company goes bankrupt, and I am boycotting them all forever to contribute to that worthy goal. If they disappear, the jobs and business will flow to more honest companies, so it won't hurt our economy, but it will hurt the crooks who accepted taxpayer dollars in a manner that was certainly immoral and would have been illegal if not for the disgusting actions of Congress (in response to the generous political donations from TARP companies!).

29 posted on 11/20/2011 4:39:30 AM PST by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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